401(k) · DOL Form 5500 · 2023

KONEKT 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
104
Participants Small participant base
41st
Percentile by assets National rank
$39,233
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Konekt 401(k) Plan · Sponsored by KONEKT · Illinois · Professional & Technical Services

$4M in assets, 104 participants

KONEKT's Konekt 401(k) Plan reported $4M in total assets and 104 participants in its 2023 DOL Form 5500 filing, ranking in the 41st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,724 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Konekt 401(k) Plan covers 104 participants in Illinois, about 13% of the average Illinois filer (state average ~779 per filing). Assets: $4M.

#7,724
in Professional & Technical Services (20,321 peers)
+19.7%
assets growth YoY

Konekt 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Konekt 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$4,080,191 41st percentile higher than 41% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Konekt 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Konekt 401(k) Plan sits mid-pack in the medium band (104 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Konekt 401(k) Plan reported net income fell from $917K in the plan year 2022 filing to $671K in the plan year 2023 filing.
  • Konekt 401(k) Plan reported participants fell from 133 in the plan year 2022 filing to 104 in the plan year 2023 filing.
  • Konekt 401(k) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 463913628 · KONEKT PY 2023 · 401(k)

Konekt 401(k) Plan · $4M · 104 · 41st

  • EOY $4M
  • EOY 104
  • EOY 41st
  • EOY 401(k)
  • EOY near Sage Senior Living, LLC 401(k) Plan
  • EOY ind #7724

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Illinois →

Konekt 401(k) Plan in the asset neighbourhood

Konekt 401(k) Plan$4MSage Senior Living, LLC 401(k) PlanSage Senior Living, LLC 401(…$4MOvia Health 401(k) Plan$4MBrazen Retirement Plan$4MAgency Sacks Incorporated 401(k) PlanAgency Sacks Incorporated 40…$4M
End-of-year total assets ($M) among Konekt 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$671K
Employer EIN463913628
Plan Effective Date2016-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (KONEKT)

Sponsor-wide plan assets over time

All KONEKT plans reported in each filing year

Latest sponsor-wide plan assets
$4M 7.698317776525125% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M 202220232024 $3.41M $3.67M ▲ +7.6%
Year Plans Participants Total Assets
2022 1 133 $3M
2023 1 104 $4M
2024 1 103 $4M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Konekt 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Konekt 401(k) Plan, Total assets ($B): 0.004080191 · Participants: 104Konekt 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Konekt 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Konekt 401(k) Plan side-by-side with 3 peers →

Konekt 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Sage Senior Living, LLC 401(k) Plan in PA ($4M); by covered participants it is Penn Automotive, Inc. 401(k) Plan in MI (104 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (104 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Konekt 401(k) Plan assets move in 2023? ▼
Konekt 401(k) Plan grew sharply - up 19.7% during 2023, from $3M to $4M. Reported net income was $671K.
How have KONEKT plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), KONEKT's sponsor-wide assets grew 7.7%, from $3M to $4M.
Which 401(k) plans are similar in size to Konekt 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sage Senior Living, LLC 401(k) Plan in PA ($4M, 414 participants).
Which 401(k) plans cover a similar participant headcount to Konekt 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Penn Automotive, Inc. 401(k) Plan in MI (104 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 463913628.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.