Plan Ledger DOL Form 5500 · updated monthly

Centurion Industries, Inc.401(k)

CENTURION INDUSTRIES, INC. 401(K) PLAN · GARRETT, IN · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Centurion Industries, Inc. reported $161,017 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $536 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 fell from 0.30% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 248th-largest of 1,562 plans among Indiana employers on file, and the 918th of 5,337 in construction. In 2024, employees put in $8.25 for every $1.00 the employer contributed; active participation has grown from 1,060 to 1,393 since 2022.

Plan summary
Net assets, end of year$60,247,038
Participants with balances1,661
Active participants1,393
Employer contributions$747,061
Employee contributions$6,161,703
Employer contribution per active participant$536
Average account balance$36,272
Benefits paid to participants$6,152,462
Plan auditUnmodified (clean) audit opinion
AuditorANDERS MINKLER HUBER AND HELM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$60.2M · 1,661 accts · $747K emplr
2023$52.8M · 1,463 accts · $713K emplr
2022$45.1M · 1,455 accts · $588K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$132,517
Investment management$28,500
Total administrative$161,017
The Centurion Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$536
Median for plans this size$3,635
2024$536 per active participant
2023$599 per active participant
2022$554 per active participant

Centurion Industries, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$132,517
PROCOURSE FIDUCIARY ADVISORS LLC · Investment advisory (plan)$28,500

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$161,017 · 0.28%
2023$150,467 · 0.31%
2022$147,766 · 0.30%
Same employer
Similar plansConstruction · Indiana
Deem, LLC IN$71.6M · 0.29%
Gene B. Glick Company, Inc. IN$61.0M · 0.14%
Performance Services, Inc. IN$52.2M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351463465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.