Department of Labor filing

CONVERGINT TECHNOLOGIES, LLC

CONVERGINT TECHNOLOGIES LLC 401(K) PROFIT-SHARING PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

30filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support
$2,047

Reported employer contributions per active participant.

Higher than about 36% of comparable plans
#People in the filing
5,765

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$114 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 16% of comparable plans
Investment performance
Not available

Plan assets changed 17.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202430out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions36th percentileTypical peer $2,810 · based on 439 comparable plans
Lower reported administrative expense16th percentileTypical peer $65 · based on 448 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, CONVERGINT TECHNOLOGIES, LLC reported $11,802,031 in employer contributions across the plan and 5,765 active participants. That works out to $2,047 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy86%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 24.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 7.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context30/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$11,802,031
Participant contributions
$38,088,725
Other contributions
$9,902,502
Employer share of reported contributions
23.7%
Beginning assets
$320,243,734
Ending assets
$376,267,926
Ending net assets
$376,267,926
Ending liabilities
$0
Total income
$99,205,864
Total expenses
$43,181,672
Administrative expenses
$753,010
Participant loans
$10,197,218

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$1,650
2023
$1,766
2024
$2,047
Plan-paid administrative expenses per participant
2022
$123
2023
$109
2024
$114
Active participants
2022
5,143
2023
5,630
2024
5,765
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$2,0475,765376.3M20251015130314NAL0006340752001
2023$1,7665,630320.2M20241015135556NAL0049737856001
2022$1,6505,143251M20240531114426NAL0024767952001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
2.7%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
364444620-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jun 1, 2003
Industry
Professional, scientific, and technical services
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2G2J2K2S2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
PRINCIPAL LIFE INSURANCE COMPANY2024Not reportedunknown

Current plan terms

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Filing ACK_ID20251015130314NAL0006340752001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗