Plan Ledger DOL Form 5500 · updated monthly

Sachse Construction & Development Company, LLC401(k)

SACHSE CONSTRUCTION & DEVELOPMENT COMPANY, LLC 401(K) PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Sachse Construction & Development Company, LLC reported $18,966 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,777 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 0.05% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 821st-largest of 2,619 plans among Michigan employers on file, and the 1,593rd of 5,337 in construction. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has grown from 276 to 314 since 2022.

Plan summary
Net assets, end of year$28,287,836
Participants with balances437
Active participants314
Employer contributions$872,051
Employee contributions$2,384,997
Employer contribution per active participant$2,777
Average account balance$64,732
Benefits paid to participants$2,809,911
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 437 accts · $872K emplr
2023$24.0M · 429 accts · $745K emplr
2022$19.2M · 407 accts · $601K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,966
Total administrative$18,966
The Sachse Construction & Development Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,777
Median for plans this size$2,416
2024$2,777 per active participant
2023$2,579 per active participant
2022$2,177 per active participant

Sachse Construction & Development Company, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$12,162,930

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$18,966 · 0.07%
2023$11,107 · 0.05%
2022$10,858 · 0.05%
Same employer
Similar plansConstruction · Michigan
Bouma Group, Inc. MI$31.8M · 0.37%
Conti Service, LLC MI$29.4M · 0.66%
Champion, Inc. MI$26.9M · 0.47%
Mps Group, Inc. MI$25.6M · 0.54%
The Csm Group, Inc. MI$25.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383011404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.