Plan Ledger DOL Form 5500 · updated monthly

Sakara Life, Inc.401(k)

SAKARA LIFE, INC. RETIREMENT TRUST · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.71%

Sakara Life, Inc. reported $7,350 in plan administrative expenses for 2022: 0.71% of average plan assets, above the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,305th of 5,648), and 11,195th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,148,452
Participants with balances98
Active participants277
Employer contributions—
Employee contributions$496,718
Employer contribution per active participant—
Average account balance$11,719
Benefits paid to participants$153,457
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,250
Total administrative$7,350
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,350 · 0.71%
Similar plansProfessional & Technical Services · New York
M&C Mobile LLC NY$1.3M · 0.14%
Asr International Corp NY$1.1M · 0.17%
Steven Dubner Landscaping NY$1.1M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474429601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.