Plan Ledger DOL Form 5500 · updated monthly

Sagent Pharmaceuticals Inc401(k)

SAGENT PHARMACEUTICALS INC 401K PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Sagent Pharmaceuticals Inc reported $65,508 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,507 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 fell from 0.27% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,313th-largest of 3,702 plans among Illinois employers on file, and the 4,473rd of 13,661 in manufacturing. In 2024, employees put in $2.97 for every $1.00 the employer contributed; active participation has shrunk from 275 to 119 since 2022.

Plan summary
Net assets, end of year$30,145,476
Participants with balances233
Active participants119
Employer contributions$536,307
Employee contributions$1,591,568
Employer contribution per active participant$4,507
Average account balance$129,380
Benefits paid to participants$4,377,712
Plan auditUnmodified (clean) audit opinion
AuditorCUTRARA & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$30.1M · 233 accts · $536K emplr
2023$27.9M · 265 accts · $745K emplr
2022$24.3M · 350 accts · $761K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,508
Total administrative$65,508
The Sagent Pharmaceuticals Inc 401(k) match · 2024
Employer contribution per active participant$4,507
Median for plans this size$2,416
2024$4,507 per active participant
2023$5,821 per active participant
2022$2,768 per active participant

Sagent Pharmaceuticals Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
SAGEVIEW ADVISORY GROUP LLC · Recordkeeping · Trustee$32,500
CUTRARA & COMPANY · Recordkeeping · Pension consulting$27,500
ADP, INC. · Loan processing · Recordkeeping$5,508

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

Recordkeeper by year2
2024ADP, CUTRARA & COMPANY, SAGEVIEW ADVISORY GROUP LLC
2023ADP, SAGEVIEW ADVISORY GROUP LLC

This plan has changed recordkeepers within these filings. If you left Sagent Pharmaceuticals Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$65,508 · 0.23%
2023$31,322 · 0.12%
2022$72,159 · 0.27%
Same employer
Similar plansManufacturing · Illinois
Kingspan Light & Air, LLC IL$30.6M · 0.38%
Mitek Corporation IL$30.4M · 0.23%
Freedman Seating Company IL$30.1M · 0.40%
J.L. Clark, LLC IL$29.8M · 0.06%
Ascent Industries Co. IL$29.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205522946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.