Plan Ledger DOL Form 5500 · updated monthly

Sav-More Drug, LLC401(k)

SAV-MORE DRUG, LLC 401(K) PLAN · TYLER, TX · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Sav-More Drug, LLC reported $48,420 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,560 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 0.48% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,108th of 5,688), and 2,687th of 5,215 in retail trade. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 101 to 137 since 2022.

Plan summary
Net assets, end of year$9,663,192
Participants with balances133
Active participants137
Employer contributions$213,698
Employee contributions$448,620
Employer contribution per active participant$1,560
Average account balance$72,656
Benefits paid to participants$531,822
Plan auditUnmodified (clean) audit opinion
AuditorHENRY & PETERS
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 133 accts · $214K emplr
2023$8.1M · 123 accts · $165K emplr
2022$7.7M · 133 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,420
Total administrative$48,420
The Sav-More Drug, LLC 401(k) match · 2024
Employer contribution per active participant$1,560
Median for plans this size$1,313
2024$1,560 per active participant
2023$1,542 per active participant
2022$1,539 per active participant

Sav-More Drug, LLC's 2024 employer contribution ran above the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$48,420
HILLTOP SECURITIES INC. · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$48,420 · 0.55%
2023$42,018 · 0.53%
2022$40,609 · 0.48%
Similar plansRetail Trade · Texas
Orr, Inc. TX$10.1M · 0.72%
Benson Enterprises, Inc. TX$9.8M · 0.50%
Fsastore, Inc. TX$9.8M · 0.21%
Bob Tomes Ford, Inc. 2 TX$9.6M · 0.32%
Robbins Chevrolet Company TX$9.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752047264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.