Plan Ledger DOL Form 5500 · updated monthly

Cencore, LLC401(k)

CENCORE LLC 401K PLAN · SPRINGVILLE, UT · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Cencore, LLC reported $2,803 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $869 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Utah (649th of 848), and 10,178th of 11,654 in professional & technical services. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 221 to 476 since 2022.

Plan summary
Net assets, end of year$3,985,967
Participants with balances219
Active participants476
Employer contributions$413,751
Employee contributions$769,472
Employer contribution per active participant$869
Average account balance$18,201
Benefits paid to participants$263,486
Plan auditUnmodified (clean) audit opinion
AuditorKEDDINGTON & CHRISTENSEN CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 219 accts · $414K emplr
2023$2.6M · 171 accts · $276K emplr
2022$1.6M · 120 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,773
Investment management$30
Total administrative$2,803
The Cencore, LLC 401(k) match · 2024
Employer contribution per active participant$869
Median for plans this size$1,313
2024$869 per active participant
2023$650 per active participant
2022$736 per active participant

Cencore, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$2,802
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,803 · 0.08%
2023$2,693 · 0.13%
2022$1,334 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Utah
Utah Legal Services, Inc. UT$4.6M · 0.58%
Artemis Health, Inc. UT$4.5M · 0.04%
Polarityte MD, Inc. UT$4.0M · 0.69%
Delsco Northwest Inc UT$3.6M · 0.81%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 274422594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.