Plan Ledger DOL Form 5500 · updated monthly

Savana, Inc.401(k)

SAVANA, INC. 401(K) RETIREMENT PLAN · MALVERN, PA · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Savana, Inc. reported $75,170 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,186 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 0.79% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,373rd of 3,651), and 8,260th of 11,654 in professional & technical services. In 2024, employees put in $3.28 for every $1.00 the employer contributed; active participation has shrunk from 158 to 85 since 2022.

Plan summary
Net assets, end of year$9,195,348
Participants with balances136
Active participants85
Employer contributions$270,788
Employee contributions$888,707
Employer contribution per active participant$3,186
Average account balance$67,613
Benefits paid to participants$1,970,812
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLY VIRCHOW KRAUSE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 136 accts · $271K emplr
2023$8.8M · 170 accts · $387K emplr
2022$7.1M · 179 accts · $357K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,549
Investment management$57,621
Total administrative$75,170
The Savana, Inc. 401(k) match · 2024
Employer contribution per active participant$3,186
Median for plans this size$1,313
2024$3,186 per active participant
2023$3,516 per active participant
2022$2,258 per active participant

Savana, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$17,549
WEALTH ADVISORY GROUP, INC. · Investment advisory (plan)$57,621

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$75,170 · 0.84%
2023$66,600 · 0.84%
2022$54,001 · 0.79%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Reaction Biology Corp PA$9.4M · 0.72%
Nexxt, Inc. PA$9.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264775786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.