Plan Ledger DOL Form 5500 · updated monthly

Centerbridge Partners, L.P.401(k)

CENTERBRIDGE PARTNERS, L.P. INCENTIVE SAVINGS TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Centerbridge Partners, L.P. reported $164,141 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $22,460 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 0.139%. 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 648th-largest of 5,648 plans among New York employers on file, and the 810th of 4,798 in finance & insurance. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$130,110,495
Participants with balances380
Active participants257
Employer contributions$5,772,302
Employee contributions$4,707,646
Employer contribution per active participant$22,460
Average account balance$342,396
Benefits paid to participants$4,061,241
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$130.1M · 380 accts · $5.8M emplr
2023$106.4M · 371 accts · $5.3M emplr
2022$83.7M · 353 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Investment management$164,141
Total administrative$164,141
The Centerbridge Partners, L.P. 401(k) match · 2024
Employer contribution per active participant$22,460
Median for plans this size$3,635
2024$22,460 per active participant
2023$21,067 per active participant
2022$18,964 per active participant

Centerbridge Partners, L.P.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
WORLD INVESTMENT ADVISOR LLC · Investment advisory (plan)$146,449
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$15,764
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,075

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$164,141 · 0.14%
2023$130,833 · 0.14%
2022$127,871 · 0.14%
Same employer
Similar plansFinance & Insurance · New York
Soros Fund Management LLC NY$133.1M · 0.04%
Ridgewood Savings Bank NY$132.6M · 0.02%
Bayerische Landesbank NY$128.0M · 0.12%
Equiniti NY$126.9M · 0.24%
Amynta Agency, Inc. NY$125.2M · 0.02%
Royce & Associates Gp, LLC NY$123.7M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 204920398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.