Plan Ledger DOL Form 5500 · updated monthly

Century, LLC.401(k)

CENTURY, LLC. PROFIT SHARING AND 401(K) PLAN AND TRUST · TRAVERSE CITY, MI · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Century, LLC. reported $69,538 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,200 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 0.43% to 0.52%. 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 the 1,279th-largest of 2,619 plans among Michigan employers on file, and 7,279th of 13,661 in manufacturing. In 2024, employees put in $2.60 for every $1.00 the employer contributed; active participation has grown from 163 to 182 since 2022.

Plan summary
Net assets, end of year$14,341,742
Participants with balances150
Active participants182
Employer contributions$218,365
Employee contributions$568,398
Employer contribution per active participant$1,200
Average account balance$95,612
Benefits paid to participants$692,116
Plan auditUnmodified (clean) audit opinion
AuditorDGN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 150 accts · $218K emplr
2023$12.6M · 155 accts · $215K emplr
2022$11.8M · 152 accts · $219K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,117
Investment management$30,421
Total administrative$69,538
The Century, LLC. 401(k) match · 2024
Employer contribution per active participant$1,200
Median for plans this size$2,416
2024$1,200 per active participant
2023$1,394 per active participant
2022$1,342 per active participant

Century, LLC.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,117
RPA FINANCIAL, LLC · Investment advisory (plan)$30,418

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$69,538 · 0.52%
2023$51,628 · 0.42%
2022$59,273 · 0.43%
Same employer
Similar plansManufacturing · Michigan
Edgewater Automation, LLC MI$14.6M · 0.49%
Harbor Industries, Inc. MI$14.6M · 0.38%
Getman Corporation MI$14.4M · 0.24%
Federal Screw Works MI$14.3M · 0.40%
Windsor Mold USA Inc. MI$14.2M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381810580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.