Plan Ledger DOL Form 5500 · updated monthly

Centric Consulting, LLC401(k)

CENTRIC CONSULTING, LLC 401 (K) PROFIT SHARING PLAN & TRUST · UNION, KY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Centric Consulting, LLC reported $99,605 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,456 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 0.18% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 73rd-largest of 871 plans among Kentucky employers on file, and the 1,296th of 11,654 in professional & technical services. In 2024, employees put in $9.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$117,962,897
Participants with balances830
Active participants703
Employer contributions$1,023,498
Employee contributions$9,636,928
Employer contribution per active participant$1,456
Average account balance$142,124
Benefits paid to participants$15,431,635
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$118.0M · 830 accts · $1.0M emplr
2023$103.1M · 924 accts · $1.0M emplr
2022$80.6M · 841 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,605
Total administrative$99,605
The Centric Consulting, LLC 401(k) match · 2024
Employer contribution per active participant$1,456
Median for plans this size$3,635
2024$1,456 per active participant
2023$1,352 per active participant
2022$1,381 per active participant

Centric Consulting, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$99,605 · 0.09%
2023$107,380 · 0.12%
2022$145,970 · 0.18%
All plans at this employer2
CENTRIC CONSULTING, LLC 401 (K) PROFIT SHARING PLAN & TRUST401(k)
CENTRIC CONSULTING PROFIT SHARING PLANProfit-sharing plan
Same employer
Similar plansProfessional & Technical Services · Kentucky
Waystar, Inc. KY$161.8M · 0.12%
Wyatt, Tarrant & Combs, LLP KY$125.0M · 0.04%
Pomeroy Technologies LLC KY$110.7M · 0.15%
McM Cpas & Advisors LLP KY$54.0M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311776636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.