Plan Ledger DOL Form 5500 · updated monthly

Consolidated Networks Corporation401(k)

CONSOLIDATED NETWORKS CORPORATION 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.49%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Consolidated Networks Corporation reported $14,900 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $492 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.24% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Oklahoma (594th of 724), and 10,413th of 11,654 in professional & technical services. In 2024, employees put in $4.99 for every $1.00 the employer contributed; active participation has grown from 120 to 132 since 2022.

Plan summary
Net assets, end of year$3,335,592
Participants with balances151
Active participants132
Employer contributions$65,000
Employee contributions$324,578
Employer contribution per active participant$492
Average account balance$22,090
Benefits paid to participants$88,429
Plan auditUnmodified (clean) audit opinion
AuditorROSE ROCK CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 151 accts · $65K emplr
2023$2.8M · 142 accts · $130K emplr
2022$2.0M · 114 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,370
Total administrative$14,900
The Consolidated Networks Corporation 401(k) match · 2024
Employer contribution per active participant$492
Median for plans this size$1,313
2024$492 per active participant
2023$1,413 per active participant
2022$1,057 per active participant

Consolidated Networks Corporation's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,220

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,900 · 0.49%
2023$2,347 · 0.10%
2022$5,251 · 0.24%
Similar plansProfessional & Technical Services · Oklahoma
Objectstream, Inc. OK$4.7M · 0.62%
Fusion Industries LLC OK$1.7M · 1.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731547102 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.