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 2023

Reported admin expense ratio · 2023
0.45%

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

Saber Power Services, LLC reported $118,115 in plan administrative expenses for 2023: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,274 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 1 year on file its reported administrative ratio fell from 0.48% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is the 1,509th-largest of 5,688 plans among Texas employers on file, and the 705th of 3,341 in other services. In 2023, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,924,059
Participants with balances484
Active participants628
Employer contributions$1,427,919
Employee contributions$4,405,631
Employer contribution per active participant$2,274
Average account balance$63,893
Benefits paid to participants$1,711,828
Plan auditUnmodified (clean) audit opinion
AuditorFITTS, ROBERTS, KOLKHORST & CO, PC
Plan history2
Yearassets · accounts · employer contribution
2023$30.9M · 484 accts · $1.4M emplr
2022$21.8M · 405 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$66,948
Investment management$51,167
Total administrative$118,115
The Saber Power Services, LLC 401(k) match · 2023
Employer contribution per active participant$2,274
Median for plans this size$2,440
2023$2,274 per active participant
2022$2,319 per active participant

Saber Power Services, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$66,948
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$51,167

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

Administrative cost history2
2023$118,115 · 0.45%
2022$108,961 · 0.48%
Similar plansOther Services · Texas
Sun Coast Resources, Inc. TX$35.7M · 0.35%
Ypo, Inc. TX$32.0M · 0.17%
Su Clinica Familiar, Inc. TX$29.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760267262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.