Plan Ledger DOL Form 5500 · updated monthly

Saber Healthcare Group, L.L.C401(k)

SABER HEALTHCARE 401(K) PROFIT SHARING PLAN · BEACHWOOD, OH · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Saber Healthcare Group, L.L.C reported $66,692 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1 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 rose from 0.04% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 484th-largest of 3,295 plans among Ohio employers on file, and the 1,425th of 11,911 in health care & social assistance. In 2024, employees put in $863.82 for every $1.00 the employer contributed; active participation has grown from 11,915 to 15,656 since 2022.

Plan summary
Net assets, end of year$71,177,639
Participants with balances2,831
Active participants15,656
Employer contributions$13,047
Employee contributions$11,270,304
Employer contribution per active participant$1
Average account balance$25,142
Benefits paid to participants$9,129,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$71.2M · 2,831 accts · $13K emplr
2023$60.0M · 2,725 accts · $6K emplr
2022$47.3M · 2,219 accts · $3K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,489
Investment management$63,203
Total administrative$66,692
The Saber Healthcare Group, L.L.C 401(k) match · 2024
Employer contribution per active participant$1
Median for plans this size$3,635
2024$1 per active participant
2023$0 per active participant
2022$0 per active participant

Saber Healthcare Group, L.L.C's 2024 employer contribution ran below the $3,635 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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$44,895
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,308
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,499

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$66,692 · 0.10%
2023$30,444 · 0.06%
2022$20,249 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Ohio Living OH$72.5M · 0.36%
Ohios Hospice, Inc. OH$63.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020542620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.