Plan Ledger DOL Form 5500 · updated monthly

Sierra Nevada Company, LLC401(k)

SIERRA NEVADA COMPANY, LLC 401(K) PROFIT SHARING PLAN · SPARKS, NV · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Sierra Nevada Company, LLC reported $195,918 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,473 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 0.016% to 0.021%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 6th-largest of 437 plans among Nevada employers on file, and the 329th of 13,661 in manufacturing. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has shrunk from 5,319 to 4,319 since 2022.

Plan summary
Net assets, end of year$1,006,103,931
Participants with balances5,055
Active participants4,319
Employer contributions$40,912,567
Employee contributions$44,899,630
Employer contribution per active participant$9,473
Average account balance$199,031
Benefits paid to participants$81,915,332
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 5,055 accts · $40.9M emplr
2023$849.9M · 4,613 accts · $51.7M emplr
2022$879.5M · 6,095 accts · $48.5M emplr
Administrative expenses, itemized · 2024
Investment management$73,584
Audit (IQPA)$28,500
Total administrative$195,918
The Sierra Nevada Company, LLC 401(k) match · 2024
Employer contribution per active participant$9,473
Median for plans this size$4,294
2024$9,473 per active participant
2023$13,721 per active participant
2022$9,127 per active participant

Sierra Nevada Company, LLC's 2024 employer contribution ran above the $4,294 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 · 20246
MERRILL LYNCH · Consulting$100,000
HOLLANDANDHARTLLP · Legal$98,896
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$73,584
EIDE BAILLY LLP · Accounting / audit$28,500
CAC SPECIALTY · Other services$25,975
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024$195,918 · 0.02%
2023$262,222 · 0.03%
2022$152,658 · 0.02%
Same employer
Similar plansManufacturing · Nevada
Heico Corporation FL$1.0B · 0.03%
Usg Corporation IL$1.0B · 0.06%
Carrier Global Corporation FL$997.7M · 0.18%
Celanese Americas LLC TX$992.8M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880094415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.