Plan Ledger DOL Form 5500 · updated monthly

Sabmd LLC401(k)

SABMD LLC 401K · STERLING, VA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Sabmd LLC reported $15,276 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,627 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 0.46% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Virginia (1,718th of 2,266), and 3,431st of 5,215 in retail trade. In 2024, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,284,182
Participants with balances237
Active participants184
Employer contributions$299,287
Employee contributions$976,922
Employer contribution per active participant$1,627
Average account balance$26,516
Benefits paid to participants$594,570
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 237 accts · $299K emplr
2023$4.6M · 207 accts · $266K emplr
2022$3.4M · 245 accts · $306K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,051
Investment management$225
Total administrative$15,276
The Sabmd LLC 401(k) match · 2024
Employer contribution per active participant$1,627
Median for plans this size$1,313
2024$1,627 per active participant
2023$1,602 per active participant
2022$1,576 per active participant

Sabmd LLC's 2024 employer contribution ran above the $1,313 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$15,276
CHARLES SCHWAB INVESTMENT MGMT INC. · Securities brokerage$697

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,276 · 0.28%
2023$17,692 · 0.44%
2022$14,704 · 0.46%
Same employer
Similar plansRetail Trade · Virginia
Suttle Motor Corporation VA$6.5M · 0.42%
The Lester Group, Inc. VA$6.0M · 0.50%
Asgard Automotive, Inc. VA$5.5M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050569485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.