Plan Ledger DOL Form 5500 · updated monthly

Sagent Lending TechnologiesDC plan

SAGENT M&C, LLC 401(K) PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Sagent Lending Technologies reported $68,348 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,455 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 0.07% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 676th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,323rd of 11,654 in professional & technical services. In 2024, employees put in $3.05 for every $1.00 the employer contributed; active participation has grown from 271 to 394 since 2022.

Plan summary
Net assets, end of year$61,523,016
Participants with balances474
Active participants394
Employer contributions$1,755,163
Employee contributions$5,356,525
Employer contribution per active participant$4,455
Average account balance$129,795
Benefits paid to participants$9,025,128
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.5M · 474 accts · $1.8M emplr
2023$54.1M · 413 accts · $1.5M emplr
2022$42.3M · 325 accts · $1.0M emplr
Employer contributions to the Sagent Lending Technologies plan · 2024
Employer contribution per active participant$4,455
Median for plans this size$3,635
2024$4,455 per active participant
2023$4,253 per active participant
2022$3,868 per active participant

Sagent Lending Technologies's 2024 employer contribution ran above the $3,635 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$51,448
STEPHANO SLACK LLC · Accounting / audit$17,900

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$68,348 · 0.12%
2023$76,161 · 0.16%
2022$32,112 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Navisite, LLC PA$62.8M · 0.28%
Veranova, L.P. PA$62.4M · 0.08%
Net Health Systems, Inc. PA$62.2M · 0.18%
Hka Global, Inc. PA$60.1M · 0.03%
Margolis Edelstein PA$60.0M · 0.18%
Kreischer Miller PA$59.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824498861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.