Plan Ledger DOL Form 5500 · updated monthly

Saft America, Inc.401(k)

SAFT AMERICA INC. SAVINGS AND RETIREMENT PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Saft America, Inc. reported $299,956 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $5,622 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 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 224th-largest of 3,644 plans among Florida employers on file, and the 1,354th of 13,661 in manufacturing. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 803 to 903 since 2022.

Plan summary
Net assets, end of year$160,017,344
Participants with balances1,277
Active participants903
Employer contributions$5,076,919
Employee contributions$6,860,844
Employer contribution per active participant$5,622
Average account balance$125,307
Benefits paid to participants$15,580,656
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$160.0M · 1,277 accts · $5.1M emplr
2023$149.2M · 1,268 accts · $4.9M emplr
2022$133.8M · 1,141 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,002
Investment management$120,000
Total administrative$299,956
The Saft America, Inc. 401(k) match · 2024
Employer contribution per active participant$5,622
Median for plans this size$3,635
2024$5,622 per active participant
2023$5,501 per active participant
2022$5,503 per active participant

Saft America, Inc.'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
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$70,002
COMPASS RETIREMENT CONSULTING GROUP · Investment advisory (plan)$120,000

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Saft America, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$299,956 · 0.19%
2023$302,681 · 0.21%
2022$289,095 · 0.20%
Same employer
Similar plansManufacturing · Florida
Helios Technologies, Inc. FL$181.4M · 0.16%
Zimvie US Corp LLC. FL$178.5M · 0.14%
Harrells, Inc. FL$140.3M · 0.00%
Pgt Industries, Inc. FL$140.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582209171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.