Plan Ledger DOL Form 5500 · updated monthly

Sachs Electric Company401(k)

SACHS ELECTRIC COMPANY 401(K) PROFIT SHARING PLAN · FENTON, MO · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Sachs Electric Company reported $14,029 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,124 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 0.018% to 0.020%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 246th-largest of 1,393 plans among Missouri employers on file, and the 808th of 5,337 in construction. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 178 to 256 since 2022.

Plan summary
Net assets, end of year$72,481,352
Participants with balances375
Active participants256
Employer contributions$1,055,705
Employee contributions$2,318,967
Employer contribution per active participant$4,124
Average account balance$193,284
Benefits paid to participants$5,705,597
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.5M · 375 accts · $1.1M emplr
2023$65.9M · 331 accts · $728K emplr
2022$55.8M · 279 accts · $721K emplr
The Sachs Electric Company 401(k) match · 2024
Employer contribution per active participant$4,124
Median for plans this size$3,635
2024$4,124 per active participant
2023$3,307 per active participant
2022$4,049 per active participant

Sachs Electric Company's 2024 employer contribution ran above 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$1,430
VANGUARD ADVISERS INC. · Investment advisory (participants)$13,183

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$14,029 · 0.02%
2023$11,541 · 0.02%
2022$11,353 · 0.02%
Same employer
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Murphy Corporation MO$94.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430911363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.