Plan Ledger DOL Form 5500 · updated monthly

Centroid Systems, LLC401(k)

CENTROID SYSTEMS, LLC 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Centroid Systems, LLC reported $27,875 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,428 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 0.08% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 834th-largest of 2,619 plans among Michigan employers on file, and the 4,423rd of 11,654 in professional & technical services. In 2024, employees put in $2.61 for every $1.00 the employer contributed; active participation has grown from 119 to 137 since 2022.

Plan summary
Net assets, end of year$27,571,071
Participants with balances172
Active participants137
Employer contributions$743,661
Employee contributions$1,941,771
Employer contribution per active participant$5,428
Average account balance$160,297
Benefits paid to participants$597,539
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.6M · 172 accts · $744K emplr
2023$21.8M · 158 accts · $608K emplr
2022$16.3M · 134 accts · $490K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,088
Investment management$6,787
Total administrative$27,875
The Centroid Systems, LLC 401(k) match · 2024
Employer contribution per active participant$5,428
Median for plans this size$2,416
2024$5,428 per active participant
2023$4,826 per active participant
2022$4,114 per active participant

Centroid Systems, LLC's 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,510
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,787

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$27,875 · 0.11%
2023$22,505 · 0.12%
2022$14,199 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Michigan
Norr LLC MI$27.7M · 0.34%
Dewpoint, Inc. MI$27.4M · 0.27%
Andrews Hooper Pavlik PLC MI$26.3M · 0.10%
Altimetrik, Corp. MI$25.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863442734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.