Plan Ledger DOL Form 5500 · updated monthly

Sage Sustainable Electronics L401(k)

SAGE SUSTAINABLE ELECTRONICS L 401(K) PROFIT SHARING PLAN & TRUST · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Sage Sustainable Electronics L reported $24,292 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.98% to 1.04%. 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 Ohio (2,904th of 3,295), and 12,434th of 13,661 in manufacturing. active participation has grown from 226 to 283 since 2022.

Plan summary
Net assets, end of year$2,735,166
Participants with balances335
Active participants283
Employer contributions$0
Employee contributions$694,193
Employer contribution per active participant$0
Average account balance$8,165
Benefits paid to participants$230,530
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 335 accts
2023$2.0M · 312 accts
2022$1.3M · 250 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,594
Investment management$8,838
Trustee / custodial$860
Total administrative$24,292
The Sage Sustainable Electronics L 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Sage Sustainable Electronics L's 2024 employer contribution ran below the $1,313 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 · 20242
PAYCHEX, INC. · Recordkeeping$11,824
EVERHART ADVISORS · Investment advisory (participants)$8,838

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history3
2024$24,292 · 1.04%
2023$13,010 · 0.80%
2022$12,449 · 0.98%
Same employer
Similar plansManufacturing · Ohio
Greenfield Research, Inc. OH$2.9M · 0.59%
Busken Bakery, Inc. OH$2.8M · 0.85%
G&W Products, LLC OH$2.7M · 0.49%
Malley's Candies, Inc. OH$2.7M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465425790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.