Plan Ledger DOL Form 5500 · updated monthly

Saati Americas Corporation401(k)

SAATI AMERICAS CORPORATION 401(K) PLAN · FOUNTAIN INN, SC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Saati Americas Corporation reported $5,223 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,579 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 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 217th-largest of 807 plans among South Carolina employers on file, and the 5,057th of 13,661 in manufacturing. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,440,419
Participants with balances175
Active participants133
Employer contributions$742,062
Employee contributions$752,061
Employer contribution per active participant$5,579
Average account balance$145,374
Benefits paid to participants$2,700,889
Plan auditUnmodified (clean) audit opinion
AuditorSUGGS JOHNSON LLC
Plan history3
Yearassets · accounts · employer contribution
2024$25.4M · 175 accts · $742K emplr
2023$22.1M · 175 accts · $772K emplr
2022$17.8M · 170 accts · $634K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,013
Investment management$1,210
Total administrative$5,223
The Saati Americas Corporation 401(k) match · 2024
Employer contribution per active participant$5,579
Median for plans this size$2,416
2024$5,579 per active participant
2023$6,031 per active participant
2022$4,914 per active participant

Saati Americas Corporation's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,013

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$5,223 · 0.02%
2023$3,708 · 0.02%
2022$6,038 · 0.03%
Same employer
Similar plansManufacturing · South Carolina
Staubli Corporation SC$28.4M · 0.00%
Ortec, Inc. SC$27.8M · 0.11%
Gmi Holding, Inc. SC$27.1M · 0.21%
The Reynolds Company SC$25.8M · 0.07%
William Barnet & Son, LLC SC$24.6M · 0.04%
Polydeck Screen Corporation SC$24.4M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133328125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.