Centra, Inc401(k)
CENTRAL EMPLOYEES SAVINGS PLAN · WARREN, MI · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Centra, Inc reported $27,626 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $38 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 0.03% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other management of companies employers. By assets it is the 349th-largest of 2,619 plans among Michigan employers on file, and the 224th of 786 in management of companies. In 2023, employees put in $31.14 for every $1.00 the employer contributed.
Centra, Inc's 2023 employer contribution ran below the $3,659 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 382005747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.