Plan Ledger DOL Form 5500 · updated monthly

Sabre Plumbing Heating & Air Conditioning Inc.401(k)

DEER LAKE PARTNERS HOLDINGS 401(K) PROFIT SHARING PLAN · PLYMOUTH, MN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Sabre Plumbing Heating & Air Conditioning Inc. reported $37,978 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,454 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 0.38% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Minnesota (1,345th of 1,918), and 3,209th of 5,337 in construction. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 185 to 246 since 2022.

Plan summary
Net assets, end of year$9,248,064
Participants with balances141
Active participants246
Employer contributions$357,759
Employee contributions$662,148
Employer contribution per active participant$1,454
Average account balance$65,589
Benefits paid to participants$351,467
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 141 accts · $358K emplr
2023$7.6M · 137 accts · $336K emplr
2022$6.6M · 120 accts · $336K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,259
Investment management$25,719
Total administrative$37,978
The Sabre Plumbing Heating & Air Conditioning Inc. 401(k) match · 2024
Employer contribution per active participant$1,454
Median for plans this size$1,313
2024$1,454 per active participant
2023$1,580 per active participant
2022$1,815 per active participant

Sabre Plumbing Heating & Air Conditioning Inc.'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 · 20243
AMERICAN TRUST COMPANY · Recordkeeping · Custodial (securities)$11,459
MAP RETIREMENT USA LLC · Recordkeeping$800
KESTRA ADVISORY SERVICES LLC · Investment advisory (participants) · Investment advisory (plan)$25,719

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

Recordkeeper by year2
2024AMERICAN TRUST COMPANY, MAP RETIREMENT USA LLC
2023AMERICAN TRUST COMPANY, MAP RETIREMENT USA LLC

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

Administrative cost history3
2024$37,978 · 0.45%
2023$44,123 · 0.62%
2022$26,726 · 0.38%
Same employer
Similar plansConstruction · Minnesota
Knobelsdorff Electric, Inc. MN$10.8M · 0.66%
Aquarius Water Conditioning MN$10.6M · 0.58%
McC, Inc. MN$8.2M · 0.67%
Wescom, Inc. MN$8.1M · 0.73%
Berg Group, LLC MN$7.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391881025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.