Plan Snapshot
- Plan Sponsor: Conetrix, LLC
- Sponsor EIN: 751552950
- Sponsor Address: 5225 SOUTH LOOP 289, SUITE 207, LUBBOCK, TX, 79424
- Plan Type: 401(k)
- Total Participants: 128
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 128 | $13.7M | $402,372 | $783,099 |
| 2023 | 127 | $11.3M | $352,868 | $647,078 |
| 2022 | 112 | $9.1M | $321,976 | $606,213 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $38,500 | — | $38,500 |
| EQUITABLE ADVISORS LLC | Investment Advisor | — | $18,339 | $18,339 |
| COMMERCE STREET INVESTMENT ADVISOR | Other Service Provider | $6,112 | — | $6,112 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,951
- Estimated Expense Ratio: 0.459% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $53,180 | $3,748 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |