Plan Ledger DOL Form 5500 · updated monthly

Savilinx, LLC401(k)

SAVILINX 401(K) PLAN · BRUNSWICK, ME · plan year 2024

Reported admin expense ratio · 2024
1.41%

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

Savilinx, LLC reported $18,950 in plan administrative expenses for 2024: 1.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $311 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 1.61% to 1.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Maine (327th of 354), and 2,065th of 2,534 in administrative & support services. In 2024, employees put in $3.31 for every $1.00 the employer contributed; active participation has grown from 209 to 286 since 2022.

Plan summary
Net assets, end of year$1,454,910
Participants with balances123
Active participants286
Employer contributions$88,860
Employee contributions$293,918
Employer contribution per active participant$311
Average account balance$11,829
Benefits paid to participants$315,587
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 123 accts · $89K emplr
2023$1.2M · 139 accts · $97K emplr
2022$792K · 108 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,950
Total administrative$18,950
The Savilinx, LLC 401(k) match · 2024
Employer contribution per active participant$311
Median for plans this size$1,313
2024$311 per active participant
2023$241 per active participant
2022$448 per active participant

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

Service providers · 20242
THE VANGUARD GROUP INC · Recordkeeping$12,659
THE TPA EXPERTS · Other services$5,950

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$18,950 · 1.41%
2023$16,216 · 1.61%
2022$13,126 · 1.61%
Same employer
Similar plansAdministrative & Support Services · Maine
Chenmark Holdings, Inc. ME$10.1M · 0.20%
Auto Europe, LLC ME$5.4M · 0.48%
Nexrep, LLC ME$1.0M · 0.37%
Jar Management LLC ME$119K · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462266664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.