Plan Ledger DOL Form 5500 · updated monthly

Centauri Heath Solutions, Inc.401(k)

CENTAURI 401(K) SAVINGS PLAN & TRUST · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.64%

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

Centauri Heath Solutions, Inc. reported $219,858 in plan administrative expenses for 2023: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $730 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 1 year on file its reported administrative ratio rose from 0.59% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 240th-largest of 1,285 plans among Arizona employers on file, and the 3,445th of 11,654 in professional & technical services. In 2023, employees put in $5.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,992,041
Participants with balances1,365
Active participants1,123
Employer contributions$820,157
Employee contributions$4,496,293
Employer contribution per active participant$730
Average account balance$27,833
Benefits paid to participants$3,450,912
Plan auditUnmodified (clean) audit opinion
AuditorBARNES WENDLING CPA'S, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$38.0M · 1,365 accts · $820K emplr
2022$30.8M · 1,407 accts · $742K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$150,024
Investment management$57,457
Trustee / custodial$12,377
Total administrative$219,858
The Centauri Heath Solutions, Inc. 401(k) match · 2023
Employer contribution per active participant$730
Median for plans this size$2,440
2023$730 per active participant
2022$660 per active participant

Centauri Heath Solutions, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$150,024
MORGAN STANLEY · Investment management$57,457
NEWPORT TRUST COMPANY · Trustee$12,377

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

Administrative cost history3
2024Not separately reported
2023$219,858 · 0.64%
2022$198,902 · 0.59%
Same employer
Similar plansProfessional & Technical Services · Arizona
Lowell Observatory AZ$40.2M · 0.01%
The Alexander Group, Inc. AZ$39.0M · 0.07%
Gha Technologies, Inc. AZ$38.7M · 0.13%
Asi Operations LLC AZ$37.7M · 0.11%
Planetary Science Institute AZ$34.5M · 0.00%
Tiffany & Bosco, P.A. AZ$32.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611765637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.