Plan Ledger DOL Form 5500 · updated monthly

Inergex, LLC dba Crossfuze401(k)

CROSSFUZE 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Inergex, LLC dba Crossfuze reported $64,096 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,102 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 0.38% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,010th of 1,918), and 6,205th of 11,654 in professional & technical services. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has shrunk from 189 to 150 since 2022.

Plan summary
Net assets, end of year$16,667,403
Participants with balances185
Active participants150
Employer contributions$465,333
Employee contributions$1,086,590
Employer contribution per active participant$3,102
Average account balance$90,094
Benefits paid to participants$1,194,340
Plan auditUnmodified (clean) audit opinion
AuditorDOPKINS AND COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 185 accts · $465K emplr
2023$13.8M · 201 accts · $527K emplr
2022$11.2M · 196 accts · $490K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,096
Total administrative$64,096
The Inergex, LLC dba Crossfuze 401(k) match · 2024
Employer contribution per active participant$3,102
Median for plans this size$2,416
2024$3,102 per active participant
2023$2,719 per active participant
2022$2,594 per active participant

Inergex, LLC dba Crossfuze's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$64,096
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$64,096 · 0.42%
2023$50,373 · 0.40%
2022$47,944 · 0.38%
Similar plansProfessional & Technical Services · Minnesota
Avionte, LLC MN$17.6M · 0.07%
Exb Solutions, Inc. MN$16.9M · 0.07%
Knock, Inc. MN$16.7M · 0.34%
Outsell Corporation MN$15.5M · 0.02%
Ecapital Advisors, LLC MN$15.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200479750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.