Plan Ledger DOL Form 5500 · updated monthly

Centerpointe, Inc.403(b)

CENTERPOINTE, INC. RETIREMENT PLAN · LINCOLN, NE · plan year 2023

Reported admin expense ratio · 2023
1.29%

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

Centerpointe, Inc. reported $46,468 in plan administrative expenses for 2023: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $604 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 fell from 1.29% to 1.22%. 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 Nebraska (485th of 565), and 8,600th of 11,911 in health care & social assistance. In 2023, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,929,954
Participants with balances224
Active participants213
Employer contributions$128,566
Employee contributions$324,621
Employer contribution per active participant$604
Average account balance$17,544
Benefits paid to participants$298,217
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.5M · 233 accts · $131K emplr
2023$3.9M · 224 accts · $129K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$46,468
Total administrative$46,468
Employer contributions to the Centerpointe, Inc. plan · 2023
Employer contribution per active participant$604
Median for plans this size$1,308
2024$541 per active participant
2023$604 per active participant

Centerpointe, Inc.'s 2023 employer contribution ran below the $1,308 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$46,467
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp
UBS FINANCIAL SERVICES · Other servicesindirect comp

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

Administrative cost history2
2024$45,452 · 1.22%
2023$46,468 · 1.29%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Kubat Pharmacy, LLC NE$3.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470550702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.