Plan Snapshot
- Plan Sponsor: Sentrics, INC.
- Sponsor EIN: 831794342
- Sponsor Address: 265 CLYDE MORRIS BLVD, ORMOND BEACH, FL, 32174
- Plan Type: 401(k)
- Total Participants: 191
- Total Assets: $11.3M
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 | 191 | $11.3M | $652,953 | $1.1M |
| 2023 | 196 | $10.0M | $612,732 | $986,134 |
| 2022 | 183 | $8.6M | $520,120 | $917,431 |
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 |
|---|---|---|---|---|
| LSL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LSL, LLP — Auditor
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 | $61,940 | $24,507 | $12,637 | — | — |
| 2023 | $50,129 | — | $39,236 | — | — |
| 2022 | $42,408 | — | — | — | — |