Plan Snapshot
- Plan Sponsor: Sas Institute INC.
- Sponsor EIN: 561133017
- Sponsor Address: SAS CAMPUS DRIVE, CARY, NC, 27513
- Plan Type: 401(k)
- Total Participants: 6,265
- Total Assets: $3.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 6,265 | $3.7B | $58.9M | $103.0M |
| 2023 | 6,175 | $3.3B | $55.2M | $98.1M |
| 2022 | 6,254 | $2.8B | $52.1M | $87.2M |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $23,000 | — | $23,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,000
- Estimated Expense Ratio: 0.001% 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 | -$954,340 | — | $4,800 | $23,000 | — |
| 2023 | -$556,180 | — | $3,300 | — | — |
| 2022 | -$340,354 | — | — | — | — |