Plan Ledger DOL Form 5500 · updated monthly

Sage Software Inc.401(k)

SAGE 401(K) PLAN · LAWRENCEVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Sage Software Inc. reported $419,063 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $6,647 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 rose from 0.09% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 88th-largest of 2,160 plans among Georgia employers on file, and the 410th of 11,654 in professional & technical services. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$432,902,912
Participants with balances3,181
Active participants2,030
Employer contributions$13,492,829
Employee contributions$23,537,034
Employer contribution per active participant$6,647
Average account balance$136,090
Benefits paid to participants$49,897,558
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$432.9M · 3,181 accts · $13.5M emplr
2023$392.4M · 3,335 accts · $9.4M emplr
2022$333.9M · 3,217 accts · $10.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$276,904
Investment management$83,409
Audit (IQPA)$31,250
Total administrative$419,063
The Sage Software Inc. 401(k) match · 2024
Employer contribution per active participant$6,647
Median for plans this size$4,294
2024$6,647 per active participant
2023$4,492 per active participant
2022$4,968 per active participant

Sage Software Inc.'s 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$238,179
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$82,509
MOSS ADAMS LLP · Legal · Accounting / audit$31,250
NFP RETIREMENT INC$27,500
QDRO CONSULTANTS COMPANY, LLC · Consulting$900

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$419,063 · 0.10%
2023$448,386 · 0.12%
2022$338,041 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Georgia
Infor (US), Inc. GA$1.1B · 0.01%
Alston & Bird LLP GA$1.1B · 0.03%
Manhattan Associates GA$501.0M · 0.08%
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%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541222526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.