Plan Ledger DOL Form 5500 · updated monthly

Converge Technology Solutions US, LLC401(k)

CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN · NORCROSS, GA · plan year 2024

Reported admin expense ratio · 2024
0.14%

Converge Technology Solutions US, LLC reported $271,343 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. 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 fell from 0.15% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 167th-largest of 2,160 plans among Georgia employers on file, and the 776th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$208,765,166
Participants with balances1,802
Active participants1,584
Employer contributions—
Employee contributions$14,494,476
Employer contribution per active participant—
Average account balance$115,852
Benefits paid to participants$20,521,583
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$208.8M · 1,802 accts
2023$187.1M · 1,847 accts · $1.5M emplr
2022$127.4M · 1,491 accts · $8K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,474
Total administrative$271,343
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 · 20243
T ROWE PRICE RPS INC · Recordkeeping · Trustee$98,474
JP MORGAN CHASE · Consulting$171,324
CHARLES SCHWAB & CO., INC. · Securities brokerageindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$271,343 · 0.14%
2023$257,348 · 0.16%
2022$168,653 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Georgia
Landis&Gyr Technology, Inc. GA$231.9M · 0.03%
Aprio Holdings LLC GA$217.4M · 0.13%
Enercon Services Inc GA$212.9M · 0.10%
Finthrive GA$183.5M · 0.11%
Arnall Golden Gregory LLP GA$172.7M · 0.18%
Morris, Manning & Martin LLP GA$149.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822782457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.