Plan Snapshot
- Plan Sponsor: Connex Credit Union, INC.
- Sponsor EIN: 060655052
- Sponsor Address: 412 WASHINGTON AVE, NORTH HAVEN, CT, 064731309
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $19.5M
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 | 162 | $19.5M | $351,359 | $847,967 |
| 2023 | 147 | $18.1M | $298,093 | $710,690 |
| 2022 | 141 | $15.2M | $380,351 | $632,862 |
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 |
|---|---|---|---|---|
| WHITTLESEY PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $5,109 | $2,403 | — | — | — |
| 2023 | $2,922 | $694 | — | — | — |
| 2022 | $1,890 | $9 | — | — | — |