Plan Ledger DOL Form 5500 · updated monthly

Sabert Corporation401(k)

SABERT CORPORATION 401(K) PLAN · SAYREVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Sabert Corporation reported $38,874 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,808 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 0.042% to 0.037%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 334th-largest of 2,419 plans among New Jersey employers on file, and the 1,735th of 13,661 in manufacturing. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$113,328,867
Participants with balances2,211
Active participants1,607
Employer contributions$4,511,915
Employee contributions$7,213,671
Employer contribution per active participant$2,808
Average account balance$51,257
Benefits paid to participants$11,649,740
Plan auditUnmodified (clean) audit opinion
AuditorEISNER AMPER
Plan history3
Yearassets · accounts · employer contribution
2024$113.3M · 2,211 accts · $4.5M emplr
2023$96.9M · 2,131 accts · $3.8M emplr
2022$79.7M · 2,154 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Investment management$15,994
Audit (IQPA)$22,880
Total administrative$38,874
The Sabert Corporation 401(k) match · 2024
Employer contribution per active participant$2,808
Median for plans this size$3,635
2024$2,808 per active participant
2023$1,931 per active participant
2022$2,482 per active participant

Sabert Corporation's 2024 employer contribution ran below the $3,635 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
WITHUMSMITH+BROWN, PC · Accounting / audit$22,880
WELLS FARGO ADVISORS FIN NETWORK LL · Investment advisory (plan)$15,994
JPMORGAN INVEST HOLDINGS LLC$6,866

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$38,874 · 0.04%
2023$12,060 · 0.01%
2022$36,537 · 0.04%
Same employer
Similar plansManufacturing · New Jersey
Viking Yacht Company NJ$118.4M · 0.05%
Emeh, Inc. NJ$117.9M · 0.11%
Bobst North America, Inc. NJ$115.9M · 0.09%
Gerresheimer Glass Inc. NJ$115.0M · 0.22%
Robertet, Inc. NJ$111.9M · 0.12%
Mane USA NJ$107.0M · 0.12%
Amspec, LLC NJ$104.1M · 0.28%
Goya Foods, Inc. NJ$103.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133147784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.