Plan Ledger DOL Form 5500 · updated monthly

Sallus Retirement LLC401(k)

SALLUS RETIREMENT LLC POOLED EMPLOYER PLAN · BERWYN, PA · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Sallus Retirement LLC reported $2,505 in plan administrative expenses for 2023: 0.31% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,141 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 1 year on file its reported administrative ratio rose from 0.00% to 0.31%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (3,471st of 3,651), and 11,124th of 11,654 in professional & technical services. In 2023, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,328,505
Participants with balances378
Active participants352
Employer contributions$401,568
Employee contributions$566,094
Employer contribution per active participant$1,141
Average account balance$3,515
Benefits paid to participants$29,065
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · 378 accts · $402K emplr
2022$278K · 196 accts · $96K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,325
Investment management$583
Trustee / custodial$597
Total administrative$2,505
The Sallus Retirement LLC 401(k) match · 2023
Employer contribution per active participant$1,141
Median for plans this size$522
2023$1,141 per active participant
2022$425 per active participant

Sallus Retirement LLC's 2023 employer contribution ran above the $522 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$2,505 · 0.31%
2022$5 · 0.00%
Similar plansProfessional & Technical Services · Pennsylvania
Noblesoft Solutions, Inc. PA$1.6M · 0.43%
Rjc, Inc. PA$1.5M · 0.51%
Further LLC PA$1.4M · 1.06%
The Eric Ryan Corporation PA$1.3M · 0.03%
PA Options for Wellness PA$1.3M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850609152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.