Plan Ledger DOL Form 5500 · updated monthly

Sentry Centers Holdings LLC401(k)

CONVENE 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Sentry Centers Holdings LLC reported $75,623 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,400 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 fell from 0.72% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,658th-largest of 5,648 plans among New York employers on file, and the 662nd of 2,534 in administrative & support services. In 2024, employees put in $3.84 for every $1.00 the employer contributed; active participation has grown from 383 to 482 since 2022.

Plan summary
Net assets, end of year$18,228,253
Participants with balances764
Active participants482
Employer contributions$674,642
Employee contributions$2,590,512
Employer contribution per active participant$1,400
Average account balance$23,859
Benefits paid to participants$1,889,253
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 764 accts · $675K emplr
2023$14.3M · 615 accts · $624K emplr
2022$12.0M · 620 accts · $827K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,623
Total administrative$75,623
The Sentry Centers Holdings LLC 401(k) match · 2024
Employer contribution per active participant$1,400
Median for plans this size$2,416
2024$1,400 per active participant
2023$1,389 per active participant
2022$2,160 per active participant

Sentry Centers Holdings 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 · 20242
PENSIONMARK FINANCIAL GROUP · Recordkeeping · Trustee$44,562
ADP, INC. · Investment advisory (participants) · Other services$27,453

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$75,623 · 0.46%
2023$95,124 · 0.72%
2022$86,445 · 0.72%
Similar plansAdministrative & Support Services · New York
Capital Rx NY$20.2M · 0.06%
Stuart Dean Company, Inc. NY$20.0M · 0.21%
Deployed Resources LLC NY$19.3M · 0.67%
New World Travel, Inc. NY$18.1M · 0.06%
Axelon Services Corporation NY$18.1M · 0.21%
Pritchard Industries, LLC NY$17.3M · 0.43%
Mintz Group LLC NY$16.8M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452797947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.