Plan Ledger DOL Form 5500 · updated monthly

Centerline Communications LLC401(k)

CENTERLINE COMMUNICATIONS LLC 401(K) PROFIT SHARING PLAN AND TRUST · WEST BRIDGEWATER, MA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Centerline Communications LLC reported $166,287 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,122 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 0.39% to 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 613th-largest of 2,726 plans among Massachusetts employers on file, and the 453rd of 2,199 in information & media. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 971 to 1,121 since 2022.

Plan summary
Net assets, end of year$59,841,533
Participants with balances955
Active participants1,121
Employer contributions$2,378,409
Employee contributions$5,121,578
Employer contribution per active participant$2,122
Average account balance$62,661
Benefits paid to participants$7,765,068
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.8M · 955 accts · $2.4M emplr
2023$52.7M · 977 accts · $2.6M emplr
2022$33.0M · 761 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,220
Investment management$72,067
Total administrative$166,287
The Centerline Communications LLC 401(k) match · 2024
Employer contribution per active participant$2,122
Median for plans this size$3,635
2024$2,122 per active participant
2023$2,519 per active participant
2022$1,802 per active participant

Centerline Communications LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$94,220
FIRST NATIONAL ADVISORS LLC · Investment advisory (plan)$72,067

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$166,287 · 0.30%
2023$170,141 · 0.40%
2022$93,212 · 0.39%
Same employer
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Quickbase, Inc. MA$73.8M · 0.07%
Alegeus Technologies, LLC MA$71.2M · 0.19%
Mib Group Holdings Inc. MA$64.9M · 0.19%
Brightcove Inc. MA$61.6M · 0.00%
Posit Software, Pbc MA$53.2M · 0.03%
Definitive Healthcare, LLC MA$51.5M · 0.03%
Recorded Future, Inc. MA$46.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611851360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.