Plan Ledger DOL Form 5500 · updated monthly

Sage Dining Services, Inc.401(k)

SAGE DINING SERVICES, INC. 401(K) PLAN · LUTHERVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Sage Dining Services, Inc. reported $133,869 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $990 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 0.60% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 264th-largest of 1,671 plans among Maryland employers on file, and the 120th of 2,240 in accommodation & food services. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 2,017 to 2,338 since 2022.

Plan summary
Net assets, end of year$63,640,569
Participants with balances1,347
Active participants2,338
Employer contributions$2,313,470
Employee contributions$4,727,936
Employer contribution per active participant$990
Average account balance$47,246
Benefits paid to participants$5,409,208
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.6M · 1,347 accts · $2.3M emplr
2023$55.0M · 1,296 accts · $2.1M emplr
2022$44.6M · 1,245 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,650
Investment management$41,219
Total administrative$133,869
The Sage Dining Services, Inc. 401(k) match · 2024
Employer contribution per active participant$990
Median for plans this size$3,635
2024$990 per active participant
2023$955 per active participant
2022$966 per active participant

Sage Dining Services, Inc.'s 2024 employer contribution ran below the $3,635 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
ADP, INC. · Recordkeeping$92,650
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$41,219
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, RESOURCES INVESTMENT ADVISORS, INC.
2023ADP, GLOBAL RETIREMENT PARTNERS

This plan has changed recordkeepers within these filings. If you left Sage Dining Services, 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$133,869 · 0.23%
2023$103,798 · 0.21%
2022$246,129 · 0.60%
Same employer
Similar plansAccommodation & Food Services · Maryland
Sodexo, Inc. MD$2.4B · 0.33%
Hmshost MD$484.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521689755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.