Plan Ledger DOL Form 5500 · updated monthly

Sagesure LLC401(k)

SAGESURE LLC 401(K) PLAN · JERSEY CITY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.43%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Sagesure LLC reported $184,266 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,011 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.429%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 574th-largest of 2,419 plans among New Jersey employers on file, and the 1,660th of 4,798 in finance & insurance. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 484 to 924 since 2022.

Plan summary
Net assets, end of year$50,289,201
Participants with balances685
Active participants924
Employer contributions$2,781,891
Employee contributions$6,333,371
Employer contribution per active participant$3,011
Average account balance$73,415
Benefits paid to participants$2,018,341
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.3M · 685 accts · $2.8M emplr
2023$35.5M · 521 accts · $2.1M emplr
2022$23.9M · 410 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,198
Investment management$116,068
Total administrative$184,266
The Sagesure LLC 401(k) match · 2024
Employer contribution per active participant$3,011
Median for plans this size$2,416
2024$3,011 per active participant
2023$3,388 per active participant
2022$3,135 per active participant

Sagesure LLC's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$98,764
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$68,248
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,305

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$184,266 · 0.43%
2023$130,819 · 0.44%
2022$101,963 · 0.43%
Same employer
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Harding Loevner LP NJ$62.0M · 0.02%
Connectone Bank NJ$59.6M · 0.24%
Ubs Financial Services Inc. NJ$57.3M · 0.03%
Cross River Bank NJ$53.3M · 0.37%
Spencer Savings Bank Sla NJ$48.4M · 0.40%
Ridgewood Energy Corp NJ$47.5M · 0.22%
Northfield Bank NJ$44.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260902522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.