Plan Ledger DOL Form 5500 · updated monthly

Sail Energy, LLC401(k)

SAIL ENERGY 401(K) PLAN · PORTSMOUTH, NH · plan year 2024

Reported admin expense ratio · 2024
1.22%

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

Sail Energy, LLC reported $85,140 in plan administrative expenses for 2024: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $996 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 1.32% to 1.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Hampshire (293rd of 411), and 3,121st of 5,215 in retail trade. In 2024, employees put in $3.75 for every $1.00 the employer contributed; active participation has grown from 148 to 199 since 2022.

Plan summary
Net assets, end of year$7,670,752
Participants with balances141
Active participants199
Employer contributions$198,183
Employee contributions$743,420
Employer contribution per active participant$996
Average account balance$54,402
Benefits paid to participants$781,668
Plan auditUnmodified (clean) audit opinion
AuditorGRAY,GRAY & GRAY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 141 accts · $198K emplr
2023$6.3M · 145 accts · $179K emplr
2022$4.7M · 120 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,140
Total administrative$85,140
The Sail Energy, LLC 401(k) match · 2024
Employer contribution per active participant$996
Median for plans this size$1,313
2024$996 per active participant
2023$890 per active participant
2022$1,006 per active participant

Sail Energy, LLC's 2024 employer contribution ran below 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$81,184
NBT BANK, N.A. · Contract administrator · Other services$3,955
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp
WELLTH ADVISORY SERVICES 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$85,140 · 1.22%
2023$65,227 · 1.18%
2022$56,179 · 1.32%
Same employer
Similar plansRetail Trade · New Hampshire
McKinnon Bros Inc. NH$9.7M · 0.63%
McDevitt Trucks, Inc. NH$8.5M · 0.41%
Bonneville & Son, Inc. NH$7.9M · 0.61%
Alco Motors, LLC NH$6.8M · 0.59%
The Butcher Block, Inc. NH$3.8M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461045056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.