Plan Ledger DOL Form 5500 · updated monthly

Sac Finance, Inc.401(k)

SAC FINANCE, INC. 401(K) PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Sac Finance, Inc. reported $37,824 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $345 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 0.42% to 0.46%. 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 Indiana (957th of 1,562), and 2,922nd of 5,215 in retail trade. In 2024, employees put in $6.07 for every $1.00 the employer contributed; active participation has grown from 202 to 290 since 2022.

Plan summary
Net assets, end of year$8,574,047
Participants with balances199
Active participants290
Employer contributions$100,000
Employee contributions$607,204
Employer contribution per active participant$345
Average account balance$43,086
Benefits paid to participants$884,881
Plan auditUnmodified (clean) audit opinion
AuditorDULIN, WARD & DEWALD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 199 accts · $100K emplr
2023$7.8M · 243 accts · $75K emplr
2022$6.8M · 228 accts · $125K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,416
Investment management$23,408
Total administrative$37,824
The Sac Finance, Inc. 401(k) match · 2024
Employer contribution per active participant$345
Median for plans this size$1,313
2024$345 per active participant
2023$257 per active participant
2022$619 per active participant

Sac Finance, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$41,724
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$19,830
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$3,578

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$37,824 · 0.46%
2023$29,123 · 0.40%
2022$31,022 · 0.42%
Same employer
Similar plansRetail Trade · Indiana
Sternberg, Inc. IN$8.8M · 0.64%
Don Ayres Pontiac, Inc IN$8.7M · 0.53%
Alliance Rv, LLC IN$8.5M · 0.91%
Don Hinds Ford, Inc. IN$8.2M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351968714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.