Plan Ledger DOL Form 5500 · updated monthly

Concentrix Cvg Corporation401(k)

CONCENTRIX RETIREMENT AND SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Concentrix Cvg Corporation reported $463,502 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $400 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 0.05% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 64th-largest of 3,295 plans among Ohio employers on file, and the 49th of 786 in management of companies. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 15,691 to 35,537 since 2022.

Plan summary
Net assets, end of year$879,731,509
Participants with balances8,746
Active participants35,537
Employer contributions$14,198,684
Employee contributions$35,962,080
Employer contribution per active participant$400
Average account balance$100,587
Benefits paid to participants$104,259,709
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$879.7M · 8,746 accts · $14.2M emplr
2023$797.6M · 9,367 accts · $15.1M emplr
2022$640.5M · 7,362 accts · $8.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$428,396
Total administrative$463,502
The Concentrix Cvg Corporation 401(k) match · 2024
Employer contribution per active participant$400
Median for plans this size$4,294
2024$400 per active participant
2023$901 per active participant
2022$517 per active participant

Concentrix Cvg Corporation's 2024 employer contribution ran below the $4,294 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$433,535
CAPTRUST FINANCIAL ADVISORS · Consulting$35,106
WEALTH MANAGEMENT SYSTEMS INC · Other servicesindirect 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$463,502 · 0.06%
2023$464,413 · 0.06%
2022$351,092 · 0.05%
Same employer
Similar plansManagement of Companies · Ohio
Patterson Companies, Inc. MN$999.1M · 0.03%
Associated Banc-Corp WI$963.9M · 0.03%
Pentair Inc MN$909.7M · 0.06%
Kemper Corporation IL$887.5M · 0.06%
Synovus Financial Corp. GA$855.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831746894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.