Cenlar Capital Corporation 401(k) Review & Grade
Cenlar Capital Corporation 401(k) Savings Plan
Ewing, NJManagement of Companies2,246 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,120Employer $ per active participant
$5,237Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$167.8MNet plan assets, end of year
$80,308Average balance per account
Score breakdown
- Employer generosity21.3 / 5043th percentile for employer $ per participant
- Low cost23.2 / 2593th percentile for low admin cost vs. same-size plans
- Employee saving6.7 / 1544th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 93th |
| Employee saving | 44th |
| Peers that auto-enroll | 58% |
Get the monthly 401(k) report card
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Cenlar Capital put in about $2,120 per active participant, below the typical peer ($2,492). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,762,251 |
| Participant (employee) contributions | $11,764,440 |
| Other contributions (incl. rollovers in) | $3,702,053 |
| Administrative expenses paid from the plan | $49,111 |
| Contract administrator fees | $300 |
| Benefits paid out | $28,504,414 |
| Net assets, start / end of year | $154.6M / $167.8M |
| Active participants, start / end of year | 2,382 / 2,111 |
| Participants with account balances | 2,089 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ernst & Young, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $49,111 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015110017NAL0008861362001, received 2025-10-15, EIN 22-3817994, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.