Plan Ledger DOL Form 5500 · updated monthly

Sabre Yachts401(k)

SABRE YACHTS 401(K) PLAN · RAYMOND, ME · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Sabre Yachts reported $14,711 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,009 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 3 years on file its reported administrative ratio has held roughly steady near 0.111%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maine (190th of 354), and 7,430th of 13,661 in manufacturing. In 2024, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,880,722
Participants with balances276
Active participants246
Employer contributions$248,109
Employee contributions$751,752
Employer contribution per active participant$1,009
Average account balance$50,292
Benefits paid to participants$1,703,366
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 276 accts · $248K emplr
2023$12.6M · 264 accts · $235K emplr
2022$11.1M · 268 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,170
Investment management$541
Total administrative$14,711
The Sabre Yachts 401(k) match · 2024
Employer contribution per active participant$1,009
Median for plans this size$2,416
2024$1,009 per active participant
2023$966 per active participant
2022$925 per active participant

Sabre Yachts's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,170

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$14,711 · 0.11%
2023$7,227 · 0.06%
2022$13,929 · 0.11%
Same employer
Similar plansManufacturing · Maine
Allagash Brewing Company ME$16.6M · 0.25%
Alcom, LLC ME$15.6M · 1.37%
Enercon Technologies ME$15.6M · 0.18%
The Dingley Press, Inc. ME$14.6M · 0.56%
Stratton Lumber, Inc. ME$11.2M · 0.35%
Fhc, Inc. ME$8.5M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010470486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.