Sente Mortgage401(k)
SENTE MORTGAGE RETIREMENT SAVINGS PLAN · AUSTIN, TX · plan year 2023
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Sente Mortgage reported $61,706 in plan administrative expenses for 2023: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $577 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 1 year on file its reported administrative ratio rose from 0.72% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (3,469th of 5,688), and 4,216th of 4,798 in finance & insurance. In 2023, employees put in $12.94 for every $1.00 the employer contributed; active participation has shrunk from 99 to 85 since 2022.
Sente Mortgage's 2023 employer contribution ran below the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 260402100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.