Plan Ledger DOL Form 5500 · updated monthly

Saas Optics, LLC dba Saasoptics, LLC401(k)

SAASOPTICS 401(K) PLAN · PEACHTREE CORNERS, GA · plan year 2024

Reported admin expense ratio · 2024
1.09%

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

Saas Optics, LLC dba Saasoptics, LLC reported $66,110 in plan administrative expenses for 2024: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,657 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 2 years on file its reported administrative ratio fell from 1.16% to 1.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,457th of 2,160), and 9,054th of 11,654 in professional & technical services. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has shrunk from 211 to 103 since 2022.

Plan summary
Net assets, end of year$6,962,880
Participants with balances141
Active participants103
Employer contributions$376,634
Employee contributions$1,178,868
Employer contribution per active participant$3,657
Average account balance$49,382
Benefits paid to participants$629,204
Plan auditQualified audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 141 accts · $377K emplr
2023$5.2M · 147 accts · $382K emplr
2022$2.9M · 142 accts · $328K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,110
Total administrative$66,110
The Saas Optics, LLC dba Saasoptics, LLC 401(k) match · 2024
Employer contribution per active participant$3,657
Median for plans this size$1,313
2024$3,657 per active participant
2023$38,183 per active participant
2022$1,553 per active participant

Saas Optics, LLC dba Saasoptics, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$6,476
THE RETIREMENT ADVANTAGE INC · Contract administrator$2,625
LEAFHOUSE FINANCIAL ADVISORS, LLC$1,200
NORTHWESTERN MUTUAL INVESTMENT SVCSindirect 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$66,110 · 1.09%
2023$43,616 · 1.08%
2022$26,959 · 1.16%
Similar plansProfessional & Technical Services · Georgia
Govstrive, LLC GA$7.1M · 1.48%
Happy Returns, LLC GA$7.0M · 0.81%
Definition 6, Inc. GA$6.9M · 0.74%
Croy Engineering, LLC GA$6.8M · 0.24%
Nebo Agency, LLC GA$6.6M · 0.70%
HR Partners, Inc. GA$6.6M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270861656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.