Plan Ledger DOL Form 5500 · updated monthly

Saber Power Services, LLC401(k)

SABER POWER SERVICES, LLC 401(K) PROFIT SHARING PLAN · ROSHARON, TX · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Saber Power Services, LLC reported $188,256 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,467 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 has held roughly steady near 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,060th-largest of 5,688 plans among Texas employers on file, and the 429th of 3,341 in other services. In 2024, employees put in $2.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,595,404
Participants with balances695
Active participants885
Employer contributions$2,183,371
Employee contributions$5,800,845
Employer contribution per active participant$2,467
Average account balance$71,360
Benefits paid to participants$4,638,657
Plan auditUnmodified (clean) audit opinion
AuditorFITTS, ROBERTS, KOLKHORST & CO, PC
Plan history2
Yearassets · accounts · employer contribution
2024$49.6M · 695 accts · $2.2M emplr
2023$30.9M · 484 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,877
Investment management$85,379
Total administrative$188,256
The Saber Power Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,467
Median for plans this size$2,416
2024$2,467 per active participant
2023$2,274 per active participant

Saber Power Services, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$102,877
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$78,457
LPL FINANCIAL LLC · Investment advisory (plan)$6,922

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$188,256 · 0.47%
2023$118,115 · 0.45%
Same employer
Similar plansOther Services · Texas
Texas Medical Association TX$62.4M · 0.03%
Buckner International TX$60.8M · 0.15%
Texas A&M Foundation TX$46.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272783614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.