Retirement plan

CONFLUENT HOLDINGS 401(K) PLAN

Name: CONFLUENT HOLDINGS, LLC - CONFLUENT HOLDINGS 401(K) PLAN (2024) Form 5500
Creator: CONFLUENT HOLDINGS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONFLUENT HOLDINGS 401(K) PLAN, CONFLUENT HOLDINGS, LLC

CONFLUENT HOLDINGS, LLCEIN 47-4749384Plan #001PY 2024

7733 FORSYTH BOULEVARD, SUITE 850 - ST LOUIS, MO 63105314-788-7477confluentholdings.comLinkedIn11-50 employees

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$22.5M

+61.2% from 2023

Total participants

790

+98.5% from 2023

Average account balance

$37,880

-32.2% from 2023

Annual return

50.12%

-118.21 pp from 2023

Benchmarks

See 2,379 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,379 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$22.50M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$38K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

594

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

72.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+50.12%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$210

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
TEN PEAKS PARTNERS3+ years Service code 27 8182 MARYLAND AVENUE · CLAYTON, MO 63105	Advisory (Plan)	$56,429
THE VANGUARD GROUP, INC.3+ years Service code 15 · EIN 23-1945930	Recordkeeping	$43,406
RUBINBROWN LLP1 year Filed as: RUBINBROWN Service code 10 PO BOX 790379 · ST. LOUIS, MO 631790379	Accounting	$25,000

Plan features & details

Pension benefit codes2E2G2J2K2F2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$125K

$175 / participant

Investment mgmt$56K45.2%
Contract admin$43K34.8%
Other / not subdivided$25K20.0%

% of EOY assets

0.555%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ELLIOT DAVIS, LLC
Auditor EIN: 570381582
Audit fees: $25,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,880

$89,123-57.5%

$102,460-63.0%

$77,762-51.3%

Participation rate

72.5%

80.9%-8.4pp

76.5%-4.0pp

70.6%+1.9pp

Annual return

50.12%

25.05%+25.1pp

29.47%+20.6pp

31.27%+18.8pp

Employer contribution / active EE

$1,419

$2,700-47.4%

$3,025-53.1%

$2,728-48.0%

Participant deferral / active EE

$2,377

$5,148-53.8%

$5,056-53.0%

$4,651-48.9%

Admin fee / account holder

$210

$236-10.9%

$9,460-97.8%

$433-51.5%

Provider

Service type

Compensation

TEN PEAKS PARTNERS3+ years

Service code 27

8182 MARYLAND AVENUE · CLAYTON, MO 63105

Advisory (Plan)

$56,429

THE VANGUARD GROUP, INC.3+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$43,406

RUBINBROWN LLP1 year

Filed as: RUBINBROWN

Service code 10

PO BOX 790379 · ST. LOUIS, MO 631790379

Accounting

$25,000

CONFLUENT HOLDINGS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONFLUENT HOLDINGS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion