Plan Ledger DOL Form 5500 · updated monthly

Centric Software, Inc.401(k)

CENTRIC SOFTWARE, INC. 401(K) PLAN · CAMPBELL, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Centric Software, Inc. reported $44,232 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,496th-largest of 9,483 plans among California employers on file, and the 728th of 2,199 in information & media. active participation has grown from 210 to 352 since 2022.

Plan summary
Net assets, end of year$32,956,866
Participants with balances343
Active participants352
Employer contributions$0
Employee contributions$4,170,727
Employer contribution per active participant$0
Average account balance$96,084
Benefits paid to participants$780,216
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.0M · 343 accts
2023$24.3M · 268 accts
2022$17.1M · 220 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,394
Investment management$4,838
Total administrative$44,232
The Centric Software, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Centric Software, Inc.'s 2024 employer contribution ran below the $2,416 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 processing$36,766

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$44,232 · 0.15%
2023$33,159 · 0.16%
2022$27,797 · 0.16%
Same employer
Similar plansInformation & Media · California
Gainsight, Inc. CA$34.0M · 0.07%
Leantaas, Inc. CA$33.8M · 0.44%
Pearce Services, LLC CA$33.6M · 0.62%
Catamorphic Co. CA$33.1M · 0.31%
Wealthfront Corporation CA$32.9M · 0.01%
Tebra Technologies, Inc. CA$32.7M · 0.28%
Motor Trend Group CA$32.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770332939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.