401(k) · DOL Form 5500 · 2023

Centric Bank 401(k) Plan

Data updated 2026-08-25

N/A
Total assets
113
Participants Small participant base
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Official DOL plan name: Centric Bank 401(k) Plan · Sponsored by Centric Bank · Pennsylvania · Finance & Insurance

N/A in assets, 113 participants

Centric Bank's Centric Bank 401(k) Plan reported N/A in total assets and 113 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

Coverage in Pennsylvania

Centric Bank 401(k) Plan covers 113 participants in Pennsylvania, about 14% of the average Pennsylvania filer (state average ~822 per filing). Assets: N/A.

-$6M
reported net income

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Centric Bank 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Centric Bank 401(k) Plan sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Centric Bank 401(k) Plan reported net income fell from -$407K in the plan year 2022 filing to -$6M in the plan year 2023 filing.
  • Centric Bank 401(k) Plan reported participants fell from 128 in the plan year 2022 filing to 113 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 230510610 · Centric Bank PY 2023 · 401(k)

Centric Bank 401(k) Plan · N/A · 113

  • VS-ST N/A
  • BOY 113
  • SCH PY 2023
  • EBSA 401(k)
  • PART near Carteret Management Corporation 401(k) Plan
  • TYPE -$6M

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Pennsylvania →

Pennsylvania filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)N/A
Net Income-$6M
Employer EIN230510610
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Centric Bank)

Sponsor-wide plan assets over time

All Centric Bank plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2023 filing year
$0M$2M$4M$6M$8M 20222023 $6.1M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 128 $6M
2023 1 113 N/A

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Centric Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 5 data points. 020000400006000080000100000 81012141618 Total assets ($B) Participants Comcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Centric Bank 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Centric Bank 401(k) Plan's closest out-of-state 401(k) peers by headcount

Outside Pennsylvania, the nearest 401(k) by covered participants is Carteret Management Corporation 401(k) Plan in FL (113 participants; this filing: 113 participants).

Similar participant headcount

Nearest other-state filings by covered participants (113 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

Which 401(k) plans cover a similar participant headcount to Centric Bank 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Carteret Management Corporation 401(k) Plan in FL (113 participants, $475K in assets).