Plan Ledger DOL Form 5500 · updated monthly

Centrifuge-Systems, LLC401(k)

CENTRIFUGE-SYSTEMS, LLC 401(K) PLAN · KENOSHA, WI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Centrifuge-Systems, LLC reported $40,853 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $3,420 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 rose from 0.34% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,242nd of 1,936), and 8,453rd of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 128 to 150 since 2022.

Plan summary
Net assets, end of year$10,775,498
Participants with balances173
Active participants150
Employer contributions$512,987
Employee contributions$1,013,918
Employer contribution per active participant$3,420
Average account balance$62,286
Benefits paid to participants$949,713
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 173 accts · $513K emplr
2023$8.5M · 160 accts · $448K emplr
2022$5.0M · 145 accts · $357K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,524
Trustee / custodial$39,329
Total administrative$40,853
The Centrifuge-Systems, LLC 401(k) match · 2024
Employer contribution per active participant$3,420
Median for plans this size$1,313
2024$3,420 per active participant
2023$3,089 per active participant
2022$2,789 per active participant

Centrifuge-Systems, 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 · 20242
FIRST BUSINESS TRUST & INVESTMENTS · Trustee$40,853

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$40,853 · 0.42%
2023$27,195 · 0.40%
2022$16,288 · 0.34%
Same employer
Similar plansManufacturing · Wisconsin
Midland Plastics, Inc. WI$10.9M · 0.37%
Asenzya, Inc. WI$10.9M · 0.21%
A&E Incorporated WI$10.8M · 0.43%
Olympus Group, Inc. WI$10.8M · 0.25%
Drylock Technologies, LTD WI$10.4M · 0.46%
Gamber-Johnson, LLC WI$10.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873992956 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.