Plan Ledger DOL Form 5500 · updated monthly

Sag, LLC.401(k)

SOFTWARE AG USA, INC. PROFIT SHARING PLAN · RESTON, VA · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Sag, LLC. reported $162,819 in plan administrative expenses for 2023: 0.07% of average plan assets, below the peer median. Employer contributions averaged $8,044 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 0.06% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 131st-largest of 2,266 plans among Virginia employers on file, and the 653rd of 11,654 in professional & technical services. In 2023, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$254,791,562
Participants with balances1,040
Active participants521
Employer contributions$4,190,897
Employee contributions$8,262,841
Employer contribution per active participant$8,044
Average account balance$244,992
Benefits paid to participants$22,738,743
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$254.8M · 1,040 accts · $4.2M emplr
2022$227.5M · 1,101 accts · $4.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,211
Investment management$88,318
Audit (IQPA)$29,290
Total administrative$162,819
The Sag, LLC. 401(k) match · 2023
Employer contribution per active participant$8,044
Median for plans this size$3,659
2023$8,044 per active participant
2022$7,876 per active participant

Sag, LLC.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CAPFINANCIAL PARTNERS, LLC · Investment advisory (participants) · Investment advisory (plan)$88,318
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,486
BELFINT LYONS & SHUMAN P.A · Accounting / audit · Consulting$29,290

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

Administrative cost history2
2023$162,819 · 0.07%
2022$162,565 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Virginia
Ensco, Inc. VA$272.6M · 0.05%
Cherry Bekaert Advisory LLC VA$263.0M · 0.16%
Centauri, LLC VA$260.7M · 0.01%
Microstrategy VA$254.3M · 0.04%
Asm Research LLC VA$239.7M · 0.19%
Appian Corporation VA$237.6M · 0.45%
Sag, LLC. VA$231.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541807654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.