Plan Ledger DOL Form 5500 · updated monthly

Centrix, Inc.401(k)

CENTRIX INCORPORATED 401(K) PROFIT SHARING PLAN · SHELTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Centrix, Inc. reported $83,055 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,577 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 0.03% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (612th of 1,106), and the 6,817th of 13,661 in manufacturing. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,987,976
Participants with balances99
Active participants87
Employer contributions$224,186
Employee contributions$475,616
Employer contribution per active participant$2,577
Average account balance$161,495
Benefits paid to participants$640,663
Plan auditUnmodified (clean) audit opinion
AuditorWALSH & DICKINSON
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 99 accts · $224K emplr
2023$13.7M · 105 accts · $221K emplr
2022$11.8M · 102 accts · $185K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,055
Total administrative$83,055
The Centrix, Inc. 401(k) match · 2024
Employer contribution per active participant$2,577
Median for plans this size$2,416
2024$2,577 per active participant
2023$2,598 per active participant
2022$2,318 per active participant

Centrix, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FISHER ASSET MANAGEMENT, LLC · Investment advisory (plan)$62,525
PENSION CONSULTANTS, INC · Contract administratorindirect 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$83,055 · 0.56%
2023$4,274 · 0.03%
2022$3,940 · 0.03%
Similar plansManufacturing · Connecticut
Accutron, Inc. CT$16.8M · 0.38%
Arburg, Inc. CT$16.4M · 0.08%
Defibtech, LLC CT$16.0M · 0.47%
Alpha Q, Inc. CT$16.0M · 0.11%
Turbine Controls, Inc. CT$15.5M · 0.23%
Unger Enterprises, LLC CT$15.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060864733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.