Plan Ledger DOL Form 5500 · updated monthly

SA Support Services, Inc.401(k)

SA SUPPORT SERVICES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

SA Support Services, Inc. reported $60,892 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,165 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 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Minnesota (1,173rd of 1,918), and the 966th of 2,096 in real estate & leasing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 460 to 525 since 2022.

Plan summary
Net assets, end of year$12,485,404
Participants with balances245
Active participants525
Employer contributions$611,628
Employee contributions$1,119,312
Employer contribution per active participant$1,165
Average account balance$50,961
Benefits paid to participants$706,349
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY,ULBRICH,CHRISTIANSEN&RUSSPA
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 245 accts · $612K emplr
2023$9.4M · 241 accts · $585K emplr
2022$7.1M · 220 accts · $506K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,892
Total administrative$60,892
The SA Support Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,165
Median for plans this size$2,416
2024$1,165 per active participant
2023$1,140 per active participant
2022$1,101 per active participant

SA Support Services, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$60,892
S B H U LIFE AGENCY INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$60,892 · 0.56%
2023$46,840 · 0.57%
2022$38,135 · 0.54%
Same employer
Similar plansReal Estate & Leasing · Minnesota
Timberland Partners, Inc. MN$16.9M · 0.21%
Great Lakes Management MN$11.5M · 1.10%
Stuartco MN$11.2M · 0.64%
Grace Management, Inc. MN$10.5M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842001593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.