Plan Ledger DOL Form 5500 · updated monthly

Sage Software Inc.401(k)

SAGE 401(K) PLAN · ATLANTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Sage Software Inc. reported $338,041 in plan administrative expenses for 2022: 0.09% of average plan assets, above the peer median. Employer contributions averaged $3,955 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 $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other professional & technical services employers. By assets it is the 110th-largest of 2,160 plans among Georgia employers on file, and the 516th of 11,654 in professional & technical services. In 2022, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$331,802,785
Participants with balances3,217
Active participants2,086
Employer contributions$8,249,193
Employee contributions$21,190,060
Employer contribution per active participant$3,955
Average account balance$103,140
Benefits paid to participants$33,113,576
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$218,708
Investment management$118,433
Professional / advisory$900
Total administrative$338,041
The Sage Software Inc. 401(k) match · 2022
Employer contribution per active participant$3,955
Median for plans this size$4,065

Sage Software Inc.'s 2022 employer contribution ran below the $4,065 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$338,041 · 0.09%
Similar plansProfessional & Technical Services · Georgia
Cardtronics USA, Inc. GA$416.9M · 0.06%
Fisher & Phillips LLP GA$396.8M · 0.06%
Innova Solutions, Inc. GA$348.8M · 0.21%
Elekta, Inc. GA$337.5M · 0.02%
Document Technologies, LLC GA$318.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 536433023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.