Plan Ledger DOL Form 5500 · updated monthly

Sasso Concepts401(k)

SASSO CONCEPTS 401(K) PLAN · RENO, NV · plan year 2022

Reported admin expense ratio · 2022
5.24%

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

Sasso Concepts reported $13,924 in plan administrative expenses for 2022: 5.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $66 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Nevada (414th of 437), and 2,003rd of 2,240 in accommodation & food services. In 2022, employees put in $9.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$304,373
Participants with balances72
Active participants252
Employer contributions$16,589
Employee contributions$151,997
Employer contribution per active participant$66
Average account balance$4,227
Benefits paid to participants$27,813
Plan auditUnmodified (clean) audit opinion
AuditorKNOTT CPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,424
Professional / advisory$8,500
Total administrative$13,924
The Sasso Concepts 401(k) match · 2022
Employer contribution per active participant$66
Median for plans this size$331

Sasso Concepts's 2022 employer contribution ran below the $331 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,924 · 5.24%
Similar plansAccommodation & Food Services · Nevada
Neva One LLC NV$1.1M · 0.33%
Club 93, Inc. NV$1.1M · 1.34%
Desimone Gaming Inc NV$1.0M · 0.55%
Fifth Street Gaming, LLC NV$448K · 2.01%
Glm Gaming LLC NV$96K · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823599772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.