Plan Snapshot
- Plan Sponsor: Connectify Hr, LLC
- Sponsor EIN: 863868012
- Sponsor Address: 1840 NW 118TH ST, CLIVE, IA, 50325
- Plan Type: 401(k)
- Total Participants: 2,187
- Total Assets: $84.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 2,187 | $84.4M | $2.9M | $7.5M |
| 2023 | 1,450 | $43.7M | $1.8M | $4.5M |
| 2022 | 642 | $26.6M | $370,215 | $1.1M |
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 |
|---|---|---|---|---|
| SLAVIC INTEGRATED ADMINISTRATION | Recordkeeper | $216,766 | — | $216,766 |
| UBS FINANCIAL SERVICES INC. | Investment Advisor | $91,877 | — | $91,877 |
| AMERITAS LIFE INSURANCE CORP | Recordkeeper | $45,638 | — | $45,638 |
| SLAVIC MUTUAL FUND MANAGEMENT CORP | Investment Advisor | $21,903 | — | $21,903 |
| JASON F. CLAUSEN, P.C. | Other Service Provider | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $384,184
- Estimated Expense Ratio: 0.455% 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 | $376,386 | $113,780 | $247,610 | $8,000 | — |
| 2023 | $263,594 | $78,336 | $178,258 | $7,000 | — |
| 2022 | $55,541 | $22,844 | $32,697 | — | — |