Centennial Mental Health Center Inc403(b)
CENTENNIAL MENTAL HEALTH CENTER INC TAX SHELTERED VOLUNTARY 403(B) PLAN · STERLING, CO · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Centennial Mental Health Center Inc reported $4,137 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,158 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 rose from 0.15% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Colorado (958th of 1,461), and 7,114th of 11,911 in health care & social assistance. In 2023, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 129 to 167 since 2022.
Centennial Mental Health Center Inc's 2023 employer contribution ran below the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 840781098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.