Plan Ledger DOL Form 5500 · updated monthly

Netrix, LLC401(k)

NETRIX, LLC 401(K) PLAN & TRUST · BANNOCKBURN, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Netrix, LLC reported $6,789 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,705 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 3 years on file its reported administrative ratio has held roughly steady near 0.016%. 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 the 983rd-largest of 3,702 plans among Illinois employers on file, and the 2,968th of 11,654 in professional & technical services. In 2024, employees put in $3.23 for every $1.00 the employer contributed; active participation has shrunk from 528 to 341 since 2022.

Plan summary
Net assets, end of year$45,547,903
Participants with balances474
Active participants341
Employer contributions$922,496
Employee contributions$2,978,879
Employer contribution per active participant$2,705
Average account balance$96,093
Benefits paid to participants$5,941,116
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.5M · 474 accts · $922K emplr
2023$41.4M · 504 accts · $1.1M emplr
2022$33.6M · 517 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,400
Investment management$339
Total administrative$6,789
The Netrix, LLC 401(k) match · 2024
Employer contribution per active participant$2,705
Median for plans this size$2,416
2024$2,705 per active participant
2023$2,683 per active participant
2022$2,057 per active participant

Netrix, LLC'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
CREATIVE PLANNING INC. · Investment advisory (participants)$242
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$85
FGMK FINANCIAL SERVICES, LLC · Other servicesindirect 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$6,789 · 0.02%
2023$6,250 · 0.02%
2022$4,400 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Illinois
Wisetech Global (US) Inc. IL$48.0M · 0.04%
Gamma Technologies, LLC IL$47.2M · 0.21%
Brown & Joseph, LLC IL$46.4M · 0.21%
Allsup, LLC IL$44.7M · 0.01%
Collegis, LLC IL$44.1M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364413678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.