Plan Ledger DOL Form 5500 · updated monthly

Sentrics, Inc.401(k)

SENTRICS 401(K) PLAN · ORMOND BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Sentrics, Inc. reported $61,940 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,419 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 0.46% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,657th-largest of 3,644 plans among Florida employers on file, and 3,866th of 4,798 in finance & insurance. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,275,097
Participants with balances200
Active participants191
Employer contributions$652,953
Employee contributions$1,130,501
Employer contribution per active participant$3,419
Average account balance$56,375
Benefits paid to participants$1,830,494
Plan auditUnmodified (clean) audit opinion
AuditorLSL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 200 accts · $653K emplr
2023$10.0M · 211 accts · $613K emplr
2022$8.6M · 216 accts · $520K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,158
Investment management$24,507
Total administrative$61,940
The Sentrics, Inc. 401(k) match · 2024
Employer contribution per active participant$3,419
Median for plans this size$2,416
2024$3,419 per active participant
2023$3,126 per active participant
2022$2,842 per active participant

Sentrics, Inc.'s 2024 employer contribution ran above 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 · 20243
HAUSER RETIREMENT SOLUTIONS 2 LLC · Investment advisory (plan)$24,507
CAPITAL GROUP RETIREMENT PLAN SERVI$23,521
CREATIVE RETIREMENT SYSTEMS, INC · Contract administrator$12,637

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$61,940 · 0.58%
2023$50,129 · 0.54%
2022$42,408 · 0.46%
Same employer
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Das Talent, LLC FL$12.9M · 0.45%
Brightstar Credit Union FL$12.3M · 0.38%
Gis National, LLC FL$11.7M · 0.87%
Insigneo Securities, LLC FL$11.3M · 0.34%
First Bank of Clewiston FL$11.2M · 0.28%
Agamerica Lending LLC FL$10.7M · 0.19%
Floridacentral Credit Union FL$10.6M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831794342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.