Plan Ledger DOL Form 5500 · updated monthly

Cenlar Capital Corporation401(k)

CENLAR CAPITAL CORPORATION 401(K) SAVINGS PLAN · TRENTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Cenlar Capital Corporation reported $49,111 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,256 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 2 years on file its reported administrative ratio fell from 0.05% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 255th-largest of 2,419 plans among New Jersey employers on file, and the 675th of 4,798 in finance & insurance. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has shrunk from 2,799 to 2,111 since 2022.

Plan summary
Net assets, end of year$167,763,580
Participants with balances2,089
Active participants2,111
Employer contributions$4,762,251
Employee contributions$11,764,440
Employer contribution per active participant$2,256
Average account balance$80,308
Benefits paid to participants$28,504,414
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$167.8M · 2,089 accts · $4.8M emplr
2023$154.6M · 2,292 accts · $5.0M emplr
2022$132.9M · 2,496 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,111
Total administrative$49,111
The Cenlar Capital Corporation 401(k) match · 2024
Employer contribution per active participant$2,256
Median for plans this size$3,635
2024$2,256 per active participant
2023$2,078 per active participant
2022$1,898 per active participant

Cenlar Capital Corporation's 2024 employer contribution ran below the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,111

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

Administrative cost history3
2024$49,111 · 0.03%
2023$63,808 · 0.04%
2022$67,985 · 0.05%
All plans at this employer2
EMPLOYEES' STOCK OWNERSHIP PLAN OF CENLAR CAPITAL CORPORATIONESOP
CENLAR CAPITAL CORPORATION 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansFinance & Insurance · New Jersey
Provident Bank NJ$184.4M · 0.08%
Zelis Healthcare, LLC NJ$172.2M · 0.16%
Columbia Bank NJ$141.7M · 0.03%
Enstar (US) Inc. NJ$134.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223817994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.