Plan Ledger DOL Form 5500 · updated monthly

Sage Millimeter Inc401(k)

ERAVANT 401(K) PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Sage Millimeter Inc reported $137 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,806 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 1 year on file its reported administrative ratio fell from 0.02% to 0.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,006th of 9,483), and 9,673rd of 13,661 in manufacturing. In 2024, the employer put in $2.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,019,046
Participants with balances110
Active participants78
Employer contributions$842,903
Employee contributions$369,550
Employer contribution per active participant$10,806
Average account balance$72,900
Benefits paid to participants$159,554
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.0M · 110 accts · $843K emplr
2023$6.0M · 114 accts · $64K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137
Total administrative$137
The Sage Millimeter Inc 401(k) match · 2024
Employer contribution per active participant$10,806
Median for plans this size$1,313
2024$10,806 per active participant
2023$1,016 per active participant

Sage Millimeter Inc's 2024 employer contribution ran above the $1,313 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 · 20242
TRANSISITION FINANCE STRATEGIES LLC · Contract administrator$2,683
CAPITAL GROUP RETIREMENT PLAN SVC$988

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

Administrative cost history2
2024$137 · 0.00%
2023$935 · 0.02%
Similar plansManufacturing · California
Astrophysics, Inc. CA$8.1M · 0.06%
Mission Bio, Inc. CA$8.0M · 0.32%
Olipop CA$8.0M · 0.14%
Solecta, Inc. CA$7.9M · 0.62%
Vero Foods, LLC CA$7.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452490660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.