Plan Ledger DOL Form 5500 · updated monthly

Centric Construction Group, LLC.401(k)

CENTRIC CONSTRUCTION GROUP, LLC. 401(K) P/S PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Centric Construction Group, LLC. reported $43,856 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $5,359 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 0.71% to 0.53%. 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 Kansas (503rd of 828), and 8,178th of 11,654 in professional & technical services. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 126 to 173 since 2022.

Plan summary
Net assets, end of year$9,426,019
Participants with balances216
Active participants173
Employer contributions$927,077
Employee contributions$1,083,204
Employer contribution per active participant$5,359
Average account balance$43,639
Benefits paid to participants$1,037,418
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINS & HAAKE L.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 216 accts · $927K emplr
2023$7.2M · 209 accts · $809K emplr
2022$4.9M · 176 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,856
Total administrative$43,856
The Centric Construction Group, LLC. 401(k) match · 2024
Employer contribution per active participant$5,359
Median for plans this size$1,313
2024$5,359 per active participant
2023$5,285 per active participant
2022$2,709 per active participant

Centric Construction Group, LLC.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping$21,533
ASCENSUS LLC · Recordkeepingindirect comp
TFB ADVISORS, LLC · Investment advisory (plan)$24,098
TAX FAVORED BENEFITS, INC. · Contract administrator$4,375

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

Recordkeeper by year2
2024Ascensus, Vanguard
2023Vanguard

This plan has changed recordkeepers within these filings. If you left Centric Construction Group, LLC. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,856 · 0.53%
2023$44,297 · 0.73%
2022$39,249 · 0.71%
All plans at this employer2
CENTRIC CONSTRUCTION GROUP, LLC. 401(K) P/S PLAN401(k)
CENTRIC CONSTRUCTION GROUP EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Same employer
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Rx Savings Solutions KS$10.9M · 0.24%
Slawson Companies, Inc. KS$10.1M · 0.21%
Kansas Legal Services Inc KS$10.1M · 0.04%
Retail Success LLC KS$8.3M · 0.80%
Rbc Medical Innovations KS$8.3M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272216274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.