CONNEXIN SOFTWARE, INC. 401(K) PLAN

Plan Contact

  • Address: 602 OFFICE CENTER DRIVE,,FORT WASHINGTON,PA
  • Contact person: BONNIE GALLAGHER
  • Phone: (800) 218-9916

Plan General Information

CONNEXIN SOFTWARE, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of CONNEXIN SOFTWARE, INC. 401(K) PLAN is $15,767,033.00.This plan was established in 1996.

CONNEXIN SOFTWARE, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in CONNEXIN SOFTWARE, INC. 401(K) PLAN is 369

CONNEXIN SOFTWARE, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for CONNEXIN SOFTWARE, INC. 401(K) PLAN is $42,729.00

CONNEXIN SOFTWARE, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for CONNEXIN SOFTWARE, INC. 401(K) PLAN is $3,623.00.

CONNEXIN SOFTWARE, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in CONNEXIN SOFTWARE, INC. 401(K) PLAN is approximately $1,567.00
Investing in this additonal $1,567.00 for 20 years would give you extra $100,292.00, assuming a 10% annual return.

CONNEXIN SOFTWARE, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, CONNEXIN SOFTWARE, INC. 401(K) PLAN allocates $578,247.00 to match its employees' contributions, providing an employer match rate of 47.71% of their contributions

CONNEXIN SOFTWARE, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of CONNEXIN SOFTWARE, INC. 401(K) PLAN is 17.71%.

CONNEXIN SOFTWARE, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for CONNEXIN SOFTWARE, INC. 401(K) PLAN is 17.74%. This measures the effectiveness of the plan participants' investments in the year.

CONNEXIN SOFTWARE, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of CONNEXIN SOFTWARE, INC. 401(K) PLAN is 0.13%.

Enrollment Features

CONNEXIN SOFTWARE, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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