Plan Snapshot
- Plan Sponsor: Sage Software INC.
- Sponsor EIN: 541222526
- Sponsor Address: 271 17TH STREET, NW BUILDING B, ATLANTA, GA, 30043
- Plan Type: 401(k)
- Total Participants: 2,030
- Total Assets: $432.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 2,030 | $432.9M | $13.5M | $23.5M |
| 2023 | 2,083 | $392.4M | $9.4M | $23.6M |
| 2022 | 2,086 | $333.9M | $10.4M | $21.2M |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | $31,250 | — | $31,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,250
- Estimated Expense Ratio: 0.007% 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 | $419,063 | $83,409 | — | $31,250 | — |
| 2023 | $448,386 | $101,977 | — | $42,175 | — |
| 2022 | $338,041 | $118,433 | $218,708 | — | $900 |