Plan Ledger DOL Form 5500 · updated monthly

Sage Eldercare Solutions, LLC401(k)

SAGE ELDERCARE SOLUTIONS, LLC 401K PLAN · BURLINGAME, CA · plan year 2022

Reported admin expense ratio · 2022
0.35%

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

Sage Eldercare Solutions, LLC reported $10,652 in plan administrative expenses for 2022: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,329 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,900th of 9,483), and 9,342nd of 11,911 in health care & social assistance. In 2022, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,890,947
Participants with balances71
Active participants130
Employer contributions$172,735
Employee contributions$396,098
Employer contribution per active participant$1,329
Average account balance$40,718
Benefits paid to participants$235,245
Plan auditUnmodified (clean) audit opinion
AuditorBEACH FREEMAN LIM & CLELAND, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,652
Total administrative$10,652
The Sage Eldercare Solutions, LLC 401(k) match · 2022
Employer contribution per active participant$1,329
Median for plans this size$1,114

Sage Eldercare Solutions, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$10,652 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · California
Beach Cities Orthopedic CA$2.9M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454161764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.