Plan Snapshot
- Plan Sponsor: Centrica Business Solutions Us , INC.
- Sponsor EIN: 050533278
- Sponsor Address: 3 ROSELL DRIVE, BALLSTON, NY, 12019
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 267
- Total Assets: $24.1M
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. |
|---|---|---|---|---|
| 2025 | 267 | $24.1M | $0 | $0 |
| 2024 | 259 | $22.1M | $902,612 | $1.6M |
| 2023 | 277 | $18.7M | $901,760 | $1.5M |
| 2022 | 322 | $15.4M | $1.2M | $2.0M |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY | Recordkeeper | $83,079 | — | $83,079 |
| GREENBUSH FINANCIAL GROUP LLC | Investment Advisor | $44,781 | — | $44,781 |
| ORENDA RETIREMENT LLC | Recordkeeper | $8,872 | — | $8,872 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,732
- Estimated Expense Ratio: 0.568% 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 | $4,714,818 | $44,780 | $11,015 | — | — |
| 2024 | $70,254 | — | $70,254 | — | — |
| 2023 | $63,397 | — | $63,397 | — | — |
| 2022 | $59,878 | — | $59,878 | — | — |