Plan Ledger DOL Form 5500 · updated monthly

Sauer Brands, Inc.401(k)

THE SAUER BRANDS, INC. 401(K) PROFIT SHARING PLAN & TRUST · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Sauer Brands, Inc. reported $81,779 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,496 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 0.13% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 381st-largest of 2,266 plans among Virginia employers on file, and the 2,495th of 13,661 in manufacturing. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$68,851,963
Participants with balances1,166
Active participants927
Employer contributions$2,314,013
Employee contributions$4,813,530
Employer contribution per active participant$2,496
Average account balance$59,050
Benefits paid to participants$8,309,663
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.9M · 1,166 accts · $2.3M emplr
2023$62.4M · 1,418 accts · $2.1M emplr
2022$56.5M · 1,143 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,374
Investment management$10,405
Total administrative$81,779
The Sauer Brands, Inc. 401(k) match · 2024
Employer contribution per active participant$2,496
Median for plans this size$3,635
2024$2,496 per active participant
2023$2,262 per active participant
2022$2,410 per active participant

Sauer Brands, Inc.'s 2024 employer contribution ran below 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$10,405

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$81,779 · 0.12%
2023$105,045 · 0.18%
2022$84,829 · 0.13%
Same employer
Similar plansManufacturing · Virginia
Birdsong Corporation VA$73.7M · 0.23%
Swisslog Logistics, Inc VA$69.4M · 0.16%
Sicpa Securink Corporation VA$65.1M · 0.22%
Cooke Seafoods USA VA$64.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834457275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.