Plan Ledger DOL Form 5500 · updated monthly

Centre Technologies, Inc.401(k)

CENTRE TECHNOLOGIES, INC. 401(K) · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Centre Technologies, Inc. reported $23,837 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $1,132 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 rose from 0.22% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,348th of 5,688), and 8,587th of 11,654 in professional & technical services. In 2024, employees put in $3.20 for every $1.00 the employer contributed; active participation has grown from 195 to 254 since 2022.

Plan summary
Net assets, end of year$8,266,189
Participants with balances179
Active participants254
Employer contributions$287,452
Employee contributions$920,360
Employer contribution per active participant$1,132
Average account balance$46,180
Benefits paid to participants$1,196,728
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 179 accts · $287K emplr
2023$6.6M · 172 accts · $244K emplr
2022$4.8M · 147 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,426
Investment management$18,411
Total administrative$23,837
The Centre Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,132
Median for plans this size$1,313
2024$1,132 per active participant
2023$1,085 per active participant
2022$951 per active participant

Centre Technologies, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
MBG RETIREMENT INC · Recordkeeping · Trustee$17,911
ADP, INC. · Loan processing · Recordkeeping$5,925
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, MBG RETIREMENT INC
2023ADP, MBG RETIREMENT INC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$23,837 · 0.32%
2023$16,943 · 0.30%
2022$10,693 · 0.22%
Same employer
Similar plansProfessional & Technical Services · Texas
Archer Systems, LLC TX$8.4M · 1.00%
MKS2, LLC TX$8.3M · 0.51%
Entelligence, L.L.C. TX$8.3M · 0.53%
Endeavor Managed Services TX$8.2M · 0.29%
Ccintegration, Inc. TX$8.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510609177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.