Plan Ledger DOL Form 5500 · updated monthly

Sazan Group, Inc.401(k)

SAZAN GROUP 401(K) PLAN AND TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Sazan Group, Inc. reported $57,628 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $3,845 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 0.52% to 0.59%. 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 Washington (1,018th of 1,714), and 7,685th of 11,654 in professional & technical services. In 2024, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,016,798
Participants with balances174
Active participants132
Employer contributions$507,536
Employee contributions$1,319,593
Employer contribution per active participant$3,845
Average account balance$63,315
Benefits paid to participants$782,902
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 174 accts · $508K emplr
2023$8.5M · 203 accts · $479K emplr
2022$6.2M · 187 accts · $406K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,628
Total administrative$57,628
The Sazan Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,845
Median for plans this size$1,313
2024$3,845 per active participant
2023$3,394 per active participant
2022$3,304 per active participant

Sazan Group, 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,899
WILSHIRE ASSOCIATES INC. · Investment advisory (participants)$2,005

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$57,628 · 0.59%
2023$39,856 · 0.54%
2022$29,618 · 0.52%
Similar plansProfessional & Technical Services · Washington
Karat, Inc. WA$11.4M · 0.03%
Maq, LLC dba Maq Software WA$11.2M · 0.14%
The Rushing Company WA$10.8M · 0.01%
Cloudfit Software LLC WA$10.7M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911893084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.