Concentric LLC 401(k) Review & Grade
Concentric, LLC 401(k) Plan
Carrollton, TXOther Services1,094 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,386Employer $ per active participant
$4,893Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$38.9MNet plan assets, end of year
$43,929Average balance per account
Score breakdown
- Employer generosity37.5 / 5075th percentile for employer $ per participant
- Low cost11.3 / 2545th percentile for low admin cost vs. same-size plans
- Employee saving11.1 / 1574th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 75th |
| Lower admin cost | 45th |
| Employee saving | 74th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($487,111 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $12,791 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Concentric put in about $2,386 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $2,609,250 |
| Participant (employee) contributions | $5,350,335 |
| Other contributions (incl. rollovers in) | $3,703,437 |
| Administrative expenses paid from the plan | $86,595 |
| Investment advisory & management fees | $27,643 |
| Other admin expenses | $4,950 |
| Benefits paid out | $2,863,609 |
| Net assets, start / end of year | $26.2M / $38.9M |
| Active participants, start / end of year | 1,024 / 1,163 |
| Participants with account balances | 886 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Caron Bletzer PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $45,462 reported compensation |
| World Investment Advisors LLC | $22,500 reported compensation |
| Caron & Bletzer, PLLC | $10,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014133754NAL0004101824001, received 2025-10-14, EIN 81-2516516, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.