Consolidated Communications, Inc. 401(k) Review & Grade
Consolidated Communications, Inc. 401(k) Plan
Conroe, TXInformation2,828 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,149Employer $ per active participant
$9,129Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$1.2BNet plan assets, end of year
$280,828Average balance per account
Score breakdown
- Employer generosity33.9 / 5068th percentile for employer $ per participant
- Low cost21.1 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving8.1 / 1554th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score66 / 100 · Grade B
This plan vs. peers
Peers: Information plans with 2,500–9,999 active participants (60 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 68th |
| Lower admin cost | 84th |
| Employee saving | 54th |
| Peers that auto-enroll | 63% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Consolidated Communications put in about $5,149 per active participant, more than the typical peer ($3,691). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $14,564,669 |
| Participant (employee) contributions | $25,822,349 |
| Other contributions (incl. rollovers in) | $1,660,242 |
| Administrative expenses paid from the plan | $435,973 |
| Investment advisory & management fees | $77,450 |
| Other admin expenses | $20,350 |
| Benefits paid out | $110,503,608 |
| Net assets, start / end of year | $1.1B / $1.2B |
| Active participants, start / end of year | 2,942 / 2,715 |
| Participants with account balances | 4,124 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | West & Company, LLC |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $195,188 reported compensation |
| First Mid Wealth Management | $81,250 reported compensation |
| West & Company, LLC | $24,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250815141727NAL0014497024001, received 2025-08-15, EIN 02-0636475, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.