Plan Ledger DOL Form 5500 · updated monthly

Edgeconnex Inc.401(k)

EDGECONNEX INC. 401(K) PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Edgeconnex Inc. reported $1,744 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,294 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 fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 721st-largest of 2,266 plans among Virginia employers on file, and the 763rd of 2,199 in information & media. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,751,352
Participants with balances227
Active participants190
Employer contributions$1,955,812
Employee contributions$2,724,450
Employer contribution per active participant$10,294
Average account balance$135,469
Benefits paid to participants$1,281,242
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.8M · 227 accts · $2.0M emplr
2023$22.9M · 214 accts · $671K emplr
2022$16.4M · 201 accts · $563K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,744
Total administrative$1,744
The Edgeconnex Inc. 401(k) match · 2024
Employer contribution per active participant$10,294
Median for plans this size$2,416
2024$10,294 per active participant
2023$3,793 per active participant
2022$3,011 per active participant

Edgeconnex Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,744

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

Administrative cost history3
2024$1,744 · 0.01%
2023$3,116 · 0.02%
2022$2,648 · 0.02%
Same employer
Similar plansInformation & Media · Virginia
Dtsv, Inc. VA$32.7M · 0.42%
Neosystems Corp. VA$31.7M · 0.16%
Pccw Global, Inc. VA$31.5M · 0.26%
Nuix North America Inc. VA$31.1M · 0.25%
Ultisat Inc. VA$28.2M · 0.20%
Axios Media, Inc. VA$25.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271401074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.