401(k) · DOL Form 5500 · 2024

Connexus Energy 401(k) Plan

Data updated 2026-08-25

$94M
Total assets Below avg plan size
222
Participants Below avg headcount
90th
Percentile by assets National rank
$424,534
Avg per participant High balance/head
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Official DOL plan name: Connexus Energy Retirement Savings Plan · Sponsored by Connexus Energy · Minnesota · Utilities

$94M in assets, 222 participants

Connexus Energy's Connexus Energy Retirement Savings Plan reported $94M in total assets and 222 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #447 in Utilities (732 peers)

Coverage in Minnesota

Connexus Energy Retirement Savings Plan covers 222 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $94M.

#447
in Utilities (732 peers)
+6.7%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Connexus Energy Retirement Savings Plan's outsized position by total assets

Connexus Energy Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$94,246,511 Top 10% higher than 90% of 123,620 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 2024

Connexus Energy Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Connexus Energy Retirement Savings Plan sits mid-pack in the medium band (222 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Connexus Energy Retirement Savings Plan reported net income rose from $4M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Connexus Energy Retirement Savings Plan end-of-year assets rose from $88M in the plan year 2023 filing to $94M in the plan year 2024 filing.
  • Connexus Energy Retirement Savings Plan reported participants rose from 211 in the plan year 2023 filing to 222 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 410128105 · Connexus Energy PY 2024 · 401(k)

Connexus Energy Retirement Savings Plan · $94M · 222 · 90th

  • BOOK $94M
  • VS-ST 222
  • BOY 90th
  • SCH 401(k)
  • EBSA near Niantic, Inc. 401(k) Plan
  • PART ind #447

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 Utilities retirement plans → · Plans in Minnesota →

Connexus Energy Retirement Savings Plan in the asset neighbourhood

Chapman Automotive Group 401(k) Plan and TrustChapman Automotive Group 401…$94MC.W. Matthews Contracting Company, Inc. 401(k) PlanC.W. Matthews Contracting Co…$94MNiantic, Inc. 401(k) Plan$94MConnexus Energy Retirement Savings PlanConnexus Energy Retirement S…$94MDiamond Hill Investment Group 401(k) Plan and TrustDiamond Hill Investment Grou…$94M
End-of-year total assets ($M) among Connexus Energy Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$88M
Net Assets (End of Year)$94M
Net Income$6M
Employer EIN410128105
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Connexus Energy)

Sponsor-wide plan assets over time

All Connexus Energy plans reported in each filing year

Latest sponsor-wide plan assets
$94M 11.58685363719359% vs 2022
2024 filing year
$80M$85M$90M$95M$100M 202220232024 $84.5M $94.3M ▲ +11.6%
Year Plans Participants Total Assets
2022 2 307 $84M
2023 1 211 $88M
2024 1 222 $94M

Nearby 401(k) Plans in Minnesota

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

Connexus Energy Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Connexus Energy Retirement Savings Plan, Total assets ($B): 0.094246511 · Participants: 222Connexus Energy Retirement Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Connexus Energy Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Connexus Energy Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Niantic, Inc. 401(k) Plan in CA ($94M); by covered participants it is Brown & Crouppen, P. C. 401(k) Retirement Plan in MO (222 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (222 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Connexus Energy Retirement Savings Plan assets move in 2024?
Connexus Energy Retirement Savings Plan grew at a solid clip - up 6.7% during 2024, from $88M to $94M. Reported net income was $6M.
How have Connexus Energy plan assets changed over time?
Across 3 plan years on file (2022-2024), Connexus Energy's sponsor-wide assets grew 11.6%, from $84M to $94M.
Where does Connexus Energy Retirement Savings Plan rank by assets among Form 5500 filers?
Connexus Energy Retirement Savings Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Connexus Energy Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Niantic, Inc. 401(k) Plan in CA ($94M, 558 participants).
Which 401(k) plans cover a similar participant headcount to Connexus Energy Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Brown & Crouppen, P. C. 401(k) Retirement Plan in MO (222 participants, $17M in assets).