Plan Ledger DOL Form 5500 · updated monthly

Sagent, LLC401(k)

SAGENT, LLC 401(K) PLAN · COPPELL, TX · plan year 2023

Reported admin expense ratio · 2023
0.92%

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

Sagent, LLC reported $42,535 in plan administrative expenses for 2023: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,333 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 3 years on file its reported administrative ratio has held roughly steady near 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (4,015th of 5,688), and 2,272nd of 3,341 in other services. In 2023, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,134,609
Participants with balances144
Active participants131
Employer contributions$174,635
Employee contributions$571,546
Employer contribution per active participant$1,333
Average account balance$35,657
Benefits paid to participants$418,821
Plan auditUnmodified (clean) audit opinion
AuditorMOORE COLSON & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 140 accts · $153K emplr
2023$5.1M · 144 accts · $175K emplr
2022$4.1M · 147 accts · $159K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,535
Total administrative$42,535
The Sagent, LLC 401(k) match · 2023
Employer contribution per active participant$1,333
Median for plans this size$1,308
2024$1,206 per active participant
2023$1,333 per active participant
2022$1,128 per active participant

Sagent, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,968
PENSION FINANCIAL SERVICES, INC. · Contract administrator · Other services$3,567
AMERIPRISE FINANCIAL SERVICES INC. · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$44,917 · 0.88%
2023$42,535 · 0.92%
2022$41,368 · 0.85%
Same employer
Similar plansOther Services · Texas
Wynden Stark LLC TX$5.7M · 0.73%
All-Pro Reconditioning TX$5.2M · 0.44%
Houston Spca TX$5.1M · 0.04%
Samsung Hvac America, LLC TX$4.9M · 0.03%
Sky Ranches, Inc. TX$4.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383912549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.