Plan Ledger DOL Form 5500 · updated monthly

Sage Bionetworks403(b)

SAGE BIONETWORKS RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Sage Bionetworks reported $4,246 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,766 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 fell from 0.019% to 0.018%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 596th-largest of 1,714 plans among Washington employers on file, and the 4,737th of 11,654 in professional & technical services. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,092,652
Participants with balances198
Active participants99
Employer contributions$867,860
Employee contributions$1,333,883
Employer contribution per active participant$8,766
Average account balance$126,731
Benefits paid to participants$2,973,756
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 198 accts · $868K emplr
2023$22.4M · 185 accts · $953K emplr
2022$16.9M · 168 accts · $850K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,246
Total administrative$4,246
Employer contributions to the Sage Bionetworks plan · 2024
Employer contribution per active participant$8,766
Median for plans this size$2,416
2024$8,766 per active participant
2023$8,072 per active participant
2022$7,871 per active participant

Sage Bionetworks's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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$4,245

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$4,246 · 0.02%
2023$4,005 · 0.02%
2022$3,338 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Washington
Rec Room Inc. WA$25.4M · 0.10%
Bridge Partners, LLC WA$25.3M · 0.12%
Affirma, LLC WA$25.3M · 0.02%
Spur Reply, LLC WA$24.1M · 0.27%
Keywords US Holdings, Inc. WA$23.6M · 0.71%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 264489946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.