Plan Snapshot
- Plan Sponsor: Corcentric, INC.
- Sponsor EIN: 223534008
- Sponsor Address: 200 LAKE DR E - SUITE 200, CHERRY HILL, NJ, 08002
- Plan Type: 401(k)
- Total Participants: 491
- Total Assets: $41.9M
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 | 491 | $41.9M | $697,665 | $4.0M |
| 2023 | 501 | $33.0M | $653,611 | $4.1M |
| 2022 | 485 | $25.4M | $233,791 | $3.2M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $75,100 | $60,250 | $13,808 | — | — |
| 2023 | $72,662 | $63,612 | $8,160 | — | — |
| 2022 | $57,823 | $55,342 | $786 | — | $1,695 |