Plan Ledger DOL Form 5500 · updated monthly

Sagis, PLLC401(k)

SAGIS 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Sagis, PLLC reported $29,058 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $2,171 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 0.66% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,552nd of 5,688), and 6,752nd of 11,911 in health care & social assistance. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 160 to 305 since 2022.

Plan summary
Net assets, end of year$7,246,623
Participants with balances357
Active participants305
Employer contributions$662,051
Employee contributions$1,404,870
Employer contribution per active participant$2,171
Average account balance$20,299
Benefits paid to participants$313,298
Plan auditUnmodified (clean) audit opinion
AuditorMELTON AND MELTON
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 357 accts · $662K emplr
2023$3.9M · 293 accts · $364K emplr
2022$2.0M · 204 accts · $221K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,058
Total administrative$29,058
The Sagis, PLLC 401(k) match · 2024
Employer contribution per active participant$2,171
Median for plans this size$1,313
2024$2,171 per active participant
2023$1,421 per active participant
2022$1,381 per active participant

Sagis, PLLC's 2024 employer contribution ran above the $1,313 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 · Loan processing$9,701
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$16,407

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$29,058 · 0.52%
2023$21,757 · 0.74%
2022$11,045 · 0.66%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Ophthalmic Partners, PA TX$7.4M · 0.44%
North Texas Food Bank TX$7.2M · 0.56%
Genesis Medical Group TX$7.2M · 1.04%
The Brookwood Community TX$7.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452815598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.