Plan Ledger DOL Form 5500 · updated monthly

Centre, Inc.401(k)

CENTRE, INC. 401(K) PLAN · FARGO, ND · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

Centre, Inc. reported $19,451 in plan administrative expenses for 2022: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,750 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Dakota (242nd of 279), and 8,495th of 11,911 in health care & social assistance. In 2022, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,080,226
Participants with balances69
Active participants102
Employer contributions$178,510
Employee contributions$259,873
Employer contribution per active participant$1,750
Average account balance$59,134
Benefits paid to participants$185,764
Plan auditUnmodified (clean) audit opinion
AuditorWIDMER ROEL PC
Administrative expenses, itemized · 2022
Investment management$19,451
Total administrative$19,451
The Centre, Inc. 401(k) match · 2022
Employer contribution per active participant$1,750
Median for plans this size$1,114

Centre, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,451 · 0.45%
Same employer
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St Lukes Home ND$5.7M · 0.92%
Luther Memorial Home ND$5.1M · 0.44%
Tioga Medical Center ND$4.4M · 0.08%
Ashley Medical Center ND$3.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450338735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.