Plan Snapshot
- Plan Sponsor: Centennial Plastics, INC.
- Sponsor EIN: 470841062
- Sponsor Address: 1830 CENTENNIAL AVENUE, HASTINGS, NE, 68901
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 140
- Total Assets: $10.8M
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. |
|---|---|---|---|---|
| 2025 | 140 | $10.8M | $0 | $0 |
| 2024 | 130 | $9.7M | $190,402 | $565,102 |
| 2023 | 126 | $9.6M | $192,506 | $554,341 |
| 2022 | 129 | $8.2M | $172,862 | $494,447 |
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 | Recordkeeper | $16,596 | — | $16,596 |
| WELLS FARGO CLEARING SERVICES LLC | Other Service Provider | — | $16,384 | $16,384 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,980
- Estimated Expense Ratio: 0.305% 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 |
|---|---|---|---|---|---|
| 2025 | $1,326,786 | — | $16,597 | — | — |
| 2024 | $14,811 | — | $14,811 | — | — |
| 2023 | $13,267 | — | $13,267 | — | — |
| 2022 | $12,203 | — | $12,203 | — | — |