Plan Snapshot
- Plan Sponsor: Centric Construction, INC.
- Sponsor EIN: 810608550
- Sponsor Address: 165 VALLEY DRIVE, BRISBANE, CA, 94005
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $16.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 102 | $16.4M | $814,158 | $921,664 |
| 2023 | 127 | $13.2M | $380,930 | $782,258 |
| 2022 | 111 | $10.4M | $350,180 | $818,733 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS CO | RECORDKEEPER | $56,986 | — | $56,986 |
| LPL FINANCIAL CORPORATION | INVESTMENT ADVISORY-PLAN | $36,304 | — | $36,304 |
| KIMBERLIN COMPANY PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — RECORDKEEPER
- KIMBERLIN COMPANY PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,290
- Estimated Expense Ratio: 0.570% 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 | $97,834 | — | $97,834 | — | — |
| 2023 | $79,441 | — | $79,441 | — | — |
| 2022 | $72,410 | — | $72,410 | — | — |