Plan Snapshot
- Plan Sponsor: Centene Corporation
- Sponsor EIN: 391864073
- Sponsor Address: 7700 FORSYTH BLVD, ST. LOUIS, MO, 63105
- Plan Type: 401(k)
- Total Participants: 54,939
- Total Assets: $4.7B
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 | 54,939 | $4.7B | $112.1M | $403.8M |
| 2023 | 53,760 | $4.0B | $112.8M | $389.7M |
| 2022 | 53,822 | $3.2B | $99.5M | $344.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $1,305,857 | — | $1,305,857 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $982,966 | — | $982,966 |
| CAPFINANCIAL PARTNERS, LLC | INVESTMENT ADVISOR | $83,572 | — | $83,572 |
| ARMANINO LLP | ACCOUNTANT/AUDITOR | $29,400 | — | $29,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- ARMANINO LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,401,795
- Estimated Expense Ratio: 0.051% 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 | $2,401,795 | $1,066,538 | $9,300 | $29,400 | — |
| 2023 | $2,678,564 | $822,904 | $9,900 | $26,565 | — |
| 2022 | $3,190,546 | $710,417 | — | — | — |