Plan Ledger DOL Form 5500 · updated monthly

Sailpoint Technologies, Inc.401(k)

SAILPOINT TECHNOLOGIES INC. 401(K) PROFIT SHARING PLAN AND TRUST · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Sailpoint Technologies, Inc. reported $271,862 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $4,558 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 0.28% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 405th-largest of 5,688 plans among Texas employers on file, and the 819th of 11,654 in professional & technical services. In 2024, employees put in $3.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$195,063,697
Participants with balances1,862
Active participants1,592
Employer contributions$7,256,225
Employee contributions$25,050,607
Employer contribution per active participant$4,558
Average account balance$104,760
Benefits paid to participants$14,964,034
Plan auditUnmodified (clean) audit opinion
AuditorKBFALK, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$195.1M · 1,862 accts · $7.3M emplr
2023$146.1M · 1,858 accts · $7.4M emplr
2022$99.9M · 1,620 accts · $5.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,297
Investment management$133,565
Audit (IQPA)$12,000
Total administrative$271,862
The Sailpoint Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,558
Median for plans this size$3,635
2024$4,558 per active participant
2023$5,083 per active participant
2022$3,782 per active participant

Sailpoint Technologies, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$126,781
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$74,948
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$58,617
KBFALK, PLLC · Accounting / audit$12,000

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$271,862 · 0.16%
2023$272,936 · 0.22%
2022$265,745 · 0.28%
Same employer
Similar plansProfessional & Technical Services · Texas
Pros, Inc. TX$218.6M · 0.07%
Pathway Vet Alliance LLC TX$207.3M · 0.25%
E2OPEN, LLC TX$189.5M · 0.02%
Halff Associates, Inc TX$187.2M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 900187685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.