Plan Ledger DOL Form 5500 · updated monthly

Sage Hospitality Resources, LLC401(k)

SAGE 401(K) RETIREMENT & SAVINGS PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Sage Hospitality Resources, LLC reported $298,280 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $418 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 0.45% to 0.39%. 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 156th-largest of 1,461 plans among Colorado employers on file, and the 100th of 2,240 in accommodation & food services. In 2024, employees put in $3.31 for every $1.00 the employer contributed; active participation has grown from 5,178 to 6,053 since 2022.

Plan summary
Net assets, end of year$81,254,684
Participants with balances2,212
Active participants6,053
Employer contributions$2,531,774
Employee contributions$8,382,128
Employer contribution per active participant$418
Average account balance$36,734
Benefits paid to participants$11,569,005
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE AND MORAN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$81.3M · 2,212 accts · $2.5M emplr
2023$70.6M · 2,263 accts · $1.4M emplr
2022$56.5M · 2,203 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$225,280
Investment management$45,000
Audit (IQPA)$25,000
Total administrative$298,280
The Sage Hospitality Resources, LLC 401(k) match · 2024
Employer contribution per active participant$418
Median for plans this size$3,635
2024$418 per active participant
2023$254 per active participant
2022$225 per active participant

Sage Hospitality Resources, LLC'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$135,723
SECURIAN FINANCIAL SERVICES, INC · Contract administrator$89,557
FIRST WESTERN TRUST · Investment advisory (plan)$45,000
PLANTE & MORAN,PLLC · Accounting / audit$25,000

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$298,280 · 0.39%
2023$304,395 · 0.48%
2022$280,531 · 0.45%
Same employer
Similar plansAccommodation & Food Services · Colorado
Peppermill Casinos, Inc. NV$84.7M · 0.27%
Thunder Valley Casino CA$84.0M · 0.30%
Nevada Property 1 LLC NV$82.3M · 0.27%
Esa Management, LLC NC$80.9M · 0.53%
Boyne USA, Inc. MI$80.4M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841273343 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.