Plan Ledger DOL Form 5500 · updated monthly

Sagility Operations Inc401(k)

SAGILITY 401(K) PLAN · WESTMINISTER, CO · plan year 2024

Reported admin expense ratio · 2024
1.96%

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

Sagility Operations Inc reported $544,309 in plan administrative expenses for 2024: 1.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $242 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 0.93% to 1.96%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 365th-largest of 1,461 plans among Colorado employers on file, and the 2,692nd of 11,911 in health care & social assistance. In 2024, employees put in $3.17 for every $1.00 the employer contributed; active participation has grown from 2,587 to 4,080 since 2022.

Plan summary
Net assets, end of year$31,114,505
Participants with balances1,294
Active participants4,080
Employer contributions$985,649
Employee contributions$3,128,334
Employer contribution per active participant$242
Average account balance$24,045
Benefits paid to participants$3,521,474
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 1,294 accts · $986K emplr
2023$24.4M · 974 accts · $622K emplr
2022$21.8M · 643 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$544,309
Total administrative$544,309
The Sagility Operations Inc 401(k) match · 2024
Employer contribution per active participant$242
Median for plans this size$2,416
2024$242 per active participant
2023$205 per active participant
2022$135 per active participant

Sagility Operations Inc's 2024 employer contribution ran below the $2,416 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 · 20244
ORENDA RETIREMENT, LLC · Other services · Contract administrator$350,786
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$193,523
SIDE BY SIDE FINANCIALS, INC. · Contract administratorindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)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$544,309 · 1.96%
2023$286,462 · 1.24%
2022$188,100 · 0.93%
Similar plansHealth Care & Social Assistance · Colorado
San Luis Valley Health CO$36.8M · 0.21%
Clinica Family Health CO$33.8M · 0.49%
Ob/Gyn Affiliates CO$30.4M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824313508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.