Plan Ledger DOL Form 5500 · updated monthly

Centrica Business Solutions US , Inc.401(k)

CENTRICA BUSINESS SOLUTIONS US, INC. 401(K) PLAN · BALLSTON, NY · plan year 2025

Reported admin expense ratio · 2025
0.60%

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

Centrica Business Solutions US , Inc. reported $138,874 in plan administrative expenses for 2025: 0.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,256 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 rose from 0.34% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,240th-largest of 5,648 plans among New York employers on file, and the 4,894th of 11,654 in professional & technical services. In 2025, employees put in $1.74 for every $1.00 the employer contributed; active participation has shrunk from 322 to 267 since 2022.

Plan summary
Net assets, end of year$24,057,731
Participants with balances237
Active participants267
Employer contributions$869,273
Employee contributions$1,510,460
Employer contribution per active participant$3,256
Average account balance$101,509
Benefits paid to participants$4,575,009
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$24.1M · 237 accts · $869K emplr
2024$22.1M · 228 accts · $903K emplr
2023$18.7M · 238 accts · $902K emplr
2022$15.4M · 262 accts · $1.2M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$94,094
Investment management$44,780
Total administrative$138,874
The Centrica Business Solutions US , Inc. 401(k) match · 2025
Employer contribution per active participant$3,256
Median for plans this size$2,666
2025$3,256 per active participant
2024$3,485 per active participant
2023$3,255 per active participant
2022$3,597 per active participant

Centrica Business Solutions US , Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
GREENBUSH FINANCIAL GROUP LLC · Investment advisory (plan)$44,781
ORENDA RETIREMENT LLC · Contract administrator$8,872
SIDE BY SIDE FINANCIALS INC. · Contract administrator$2,143

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

Administrative cost history4
2025$138,874 · 0.60%
2024$70,254 · 0.34%
2023$63,397 · 0.37%
2022$59,878 · 0.34%
Similar plansProfessional & Technical Services · New York
Handel Architects LLP NY$24.1M · 0.35%
Netatwork, LLC NY$24.0M · 0.26%
Innovid LLC NY$23.9M · 0.60%
Janover, LLC NY$23.8M · 0.31%
Align Communications, Inc. NY$23.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050533278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.