Plan Ledger DOL Form 5500 · updated monthly

Saber Building Services, Inc.401(k)

SABER BUILDING SERVICES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · AUBURN HILLS, MI · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Saber Building Services, Inc. reported $570 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $442 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (2,378th of 2,619), and 1,971st of 2,534 in administrative & support services. In 2022, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,887,498
Participants with balances36
Active participants131
Employer contributions$57,907
Employee contributions$162,788
Employer contribution per active participant$442
Average account balance$52,431
Benefits paid to participants$69,597
Plan auditUnmodified (clean) audit opinion
AuditorFENNER, MELSTROM & DOOLING
Administrative expenses, itemized · 2022
Professional / advisory$570
Total administrative$570
The Saber Building Services, Inc. 401(k) match · 2022
Employer contribution per active participant$442
Median for plans this size$1,114

Saber Building Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$570 · 0.03%
Similar plansAdministrative & Support Services · Michigan
Otterbase, Inc. MI$2.1M · 0.04%
Diag Partners MI$1.9M · 0.52%
Tall Brown Dog, LLC MI$1.8M · 1.01%
Displaymax Inc MI$1.6M · 1.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383460860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.