Plan Ledger DOL Form 5500 · updated monthly

Concentric LLC401(k)

CONCENTRIC, LLC 401(K) PLAN · CARROLLTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Concentric LLC reported $86,595 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,244 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 1 year on file its reported administrative ratio rose from 0.00% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,269th-largest of 5,688 plans among Texas employers on file, and the 561st of 3,341 in other services. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,921,188
Participants with balances886
Active participants1,163
Employer contributions$2,609,250
Employee contributions$5,350,335
Employer contribution per active participant$2,244
Average account balance$43,929
Benefits paid to participants$2,863,609
Plan auditUnmodified (clean) audit opinion
AuditorCARON BLETZER PLLC
Plan history2
Yearassets · accounts · employer contribution
2024$38.9M · 886 accts · $2.6M emplr
2023$26.2M · 599 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,502
Investment management$27,643
Audit (IQPA)$10,500
Total administrative$86,595
The Concentric LLC 401(k) match · 2024
Employer contribution per active participant$2,244
Median for plans this size$2,416
2024$2,244 per active participant
2023$281 per active participant

Concentric LLC's 2024 employer contribution ran below 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,462
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$22,500
CARON & BLETZER, PLLC · Accounting / audit$10,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,143

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$86,595 · 0.27%
2023$438 · 0.00%
Similar plansOther Services · Texas
Fenix Management, LLC TX$40.0M · 0.60%
Beyond Finance, LLC TX$39.7M · 0.60%
Sms Infocomm Corporation TX$37.2M · 0.11%
Sun Coast Resources, Inc. TX$35.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812516516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.