Plan Ledger DOL Form 5500 · updated monthly

Sanborn, Head & Associates, Inc.401(k)

SANBORN, HEAD & ASSOCIATES, INC. 401(K) RETIREMENT PLAN · BEDFORD, NH · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Sanborn, Head & Associates, Inc. reported $86,249 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,955 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 0.19% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 94th-largest of 411 plans among New Hampshire employers on file, and the 3,390th of 11,654 in professional & technical services. In 2024, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,794,940
Participants with balances212
Active participants168
Employer contributions$664,500
Employee contributions$1,710,744
Employer contribution per active participant$3,955
Average account balance$182,995
Benefits paid to participants$4,263,080
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.8M · 212 accts · $665K emplr
2023$35.6M · 223 accts · $663K emplr
2022$29.3M · 224 accts · $676K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,704
Investment management$36,545
Total administrative$86,249
The Sanborn, Head & Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$3,955
Median for plans this size$2,416
2024$3,955 per active participant
2023$3,623 per active participant
2022$3,778 per active participant

Sanborn, Head & Associates, Inc.'s 2024 employer contribution ran above the $2,416 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$37,977
GUIDANCE POINT RETIREMENT · Investment advisory (plan)$28,920
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$12,026
THIRD PARTY ADMINISTRATORS INC. · Consulting$7,625

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$86,249 · 0.23%
2023$77,819 · 0.24%
2022$58,056 · 0.19%
All plans at this employer2
SANBORN, HEAD & ASSOCIATES, INC. 401(K) RETIREMENT PLAN401(k)
SANBORN, HEAD & ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Adimab, LLC NH$45.9M · 0.23%
Microdesk, LLC. NH$37.7M · 0.35%
Rightworks, LLC NH$36.8M · 0.20%
Worldcom Exchange, Inc. NH$34.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020463099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.