What are the fees in the Centra Technology, Inc. ESOP plan?

For plan year 2022, Centra Technology, Inc. reported $30 in plan administrative expenses, or 0.00% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Centra Technology, Inc. 401(k)?

The average participant account balance was $20,684 for plan year 2022, based on 480 accounts.

Centra Technology, Inc.ESOP

Name: Centra Technology, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

CENTRA TECHNOLOGY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · BURLINGTON, MA · plan year 2022

Reported admin expense ratio · 2022

0.00%

Centra Technology, Inc. reported $30 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,907th of 2,726), and 8,024th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$9,928,384
Participants with balances480
Active participants0
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$20,684
Benefits paid to participants$11,498
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN PC

Plan history2

Yearassets · accounts · employer contribution

2023$0

2022$9.9M · 480 accts

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2

2023Not separately reported

2022$30 · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521405842 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.