Plan Snapshot
- Plan Sponsor: Cenero LLC
- Sponsor EIN: 233055677
- Sponsor Address: 1150 ATWATER DRIVE, MALVERN, PA, 193558731
- Plan Type: 401(k)
- Total Participants: 254
- Total Assets: $15.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 254 | $15.0M | $562,158 | $1.7M |
| 2023 | 246 | $11.4M | $482,452 | $1.6M |
| 2022 | 224 | $8.5M | $0 | $1.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $70,690 | — | $70,690 |
| HIGHTOWER ADVISORS, LLC | INVESTMENT ADVISORY | — | $30,597 | $30,597 |
| JONATHAN G FURLOW, CPA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,287
- Estimated Expense Ratio: 0.676% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $70,691 | — | $70,691 | — | — |
| 2023 | $56,770 | — | $56,770 | — | — |
| 2022 | — | — | — | — | — |