Plan Ledger DOL Form 5500 · updated monthly

Centric Brands Holding LLC401(k)

CENTRIC BRANDS 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Centric Brands Holding LLC reported $105,691 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $3,284 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 fell from 0.07% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 509th-largest of 5,648 plans among New York employers on file, and the 262nd of 4,246 in wholesale trade. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$180,865,939
Participants with balances1,494
Active participants1,491
Employer contributions$4,896,432
Employee contributions$10,004,275
Employer contribution per active participant$3,284
Average account balance$121,062
Benefits paid to participants$11,525,965
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$180.9M · 1,494 accts · $4.9M emplr
2023$152.5M · 1,424 accts · $4.5M emplr
2022$126.4M · 1,450 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,263
Investment management$68,328
Audit (IQPA)$23,100
Total administrative$105,691
The Centric Brands Holding LLC 401(k) match · 2024
Employer contribution per active participant$3,284
Median for plans this size$3,635
2024$3,284 per active participant
2023$3,307 per active participant
2022$2,929 per active participant

Centric Brands Holding LLC's 2024 employer contribution ran below the $3,635 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$68,328
CBIZ CPAS P.C. · Accounting / audit$23,100
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,608

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

Administrative cost history3
2024$105,691 · 0.06%
2023$108,754 · 0.08%
2022$95,530 · 0.07%
Same employer
Similar plansWholesale Trade · New York
Marubeni America Corporation NY$222.0M · 0.12%
G III Apparel Group NY$191.7M · 0.08%
Mitsui & Co. (U.S.A.), Inc. NY$187.1M · 0.04%
Itochu International Inc. NY$175.8M · 0.24%
Festo Corporation NY$171.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831363107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.