Plan Ledger DOL Form 5500 · updated monthly

Sagl LLC401(k)

THE LINE & SAGUARO HOTELS 401K PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Sagl LLC reported $57,424 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $359 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 0.52% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (4,120th of 5,648), and the 749th of 2,240 in accommodation & food services. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has shrunk from 944 to 730 since 2022.

Plan summary
Net assets, end of year$6,711,207
Participants with balances466
Active participants730
Employer contributions$262,328
Employee contributions$807,216
Employer contribution per active participant$359
Average account balance$14,402
Benefits paid to participants$586,352
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 466 accts · $262K emplr
2023$5.4M · 429 accts · $231K emplr
2022$4.5M · 427 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,288
Investment management$12,136
Total administrative$57,424
The Sagl LLC 401(k) match · 2024
Employer contribution per active participant$359
Median for plans this size$1,313
2024$359 per active participant
2023$223 per active participant
2022$212 per active participant

Sagl LLC's 2024 employer contribution ran below the $1,313 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$45,288
ARTHUR J. GALLAGHER & CO · Investment advisory (plan)$12,136

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$57,424 · 0.95%
2023$38,992 · 0.79%
2022$23,469 · 0.52%
Same employer
Similar plansAccommodation & Food Services · New York
The Cottage Corporation NY$7.7M · 0.58%
Hudson River Inn, LLC NY$7.7M · 1.01%
Ark Restaurants Corp. NY$7.6M · 0.65%
FOOD52 Inc. NY$7.5M · 0.81%
White Management Corp. NY$6.5M · 0.13%
Campgroup, LLC NY$6.1M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 863296461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.