29 employees reported this benefit
It's a standard 401k. Nothing exceptional.
Offers zero match of contractor contributions
Centric offers a 401k account without a match that employees can contribute to. They also offer a seperate account where the company contributes an amount each year based of company performance. This fluctuates and is not guaranteed.
I like Fidelity, the company administering the 401k plan
The plan has all Fidelity funds and part of your annual bonus in placed in your 401k.
program is reasonable given that Centric is privately owned
matching, catch up, flexible, comparable to or better than averages I have seen
They provide profit sharing. I prefer to have matching.
We have a 401K gateway plan that contributes to every employee in the company whether I make my own contribution into my 401K or not.
No dollar match, may contribute as a part of profit sharing.