Plan Snapshot
- Plan Sponsor: Sage Senior Living, LLC
- Sponsor EIN: 450519545
- Sponsor Address: 1489 BALTIMORE PIKE, SUITE 240, SPRINGFIELD, PA, 19064
- Plan Type: DC
- Total Participants: 602
- Total Assets: $5.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 602 | $5.6M | $350,579 | $747,274 |
| 2023 | 599 | $4.1M | $273,476 | $609,909 |
| 2022 | 420 | $2.8M | $229,061 | $518,604 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LPL FINANCIAL | ADVISORY-PLAN | $29,744 | — | $29,744 |
| ADMIN. GROUP, LLC DBA TAG RESOURCES | RECORD KEEPER | $18,680 | — | $18,680 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $10,593 | — | $10,593 |
| TEMPLETON & COMPANY LLP | AUDIT | $9,500 | — | $9,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADMIN. GROUP, LLC DBA TAG RESOURCES — RECORD KEEPER
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
- TEMPLETON & COMPANY LLP — AUDIT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,517
- Estimated Expense Ratio: 1.229% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $68,684 | $29,744 | $18,680 | $9,500 | — |
| 2023 | $44,838 | $20,384 | $16,905 | — | — |
| 2022 | $28,277 | — | $28,277 | — | — |