Plan Snapshot
- Plan Sponsor: Sauer Brands, INC.
- Sponsor EIN: 834457275
- Sponsor Address: 2000 WEST BROAD STREET, RICHMOND, VA, 23220
- Plan Type: 401(k)
- Total Participants: 927
- Total Assets: $68.9M
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 | 927 | $68.9M | $2.3M | $4.8M |
| 2023 | 920 | $62.4M | $2.1M | $4.2M |
| 2022 | 885 | $56.5M | $2.1M | $4.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $120,260 | — | $120,260 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $10,405 | — | $10,405 |
| FRAZIER & DEETER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FRAZIER & DEETER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $130,665
- Estimated Expense Ratio: 0.190% 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 | $81,779 | $10,405 | — | — | — |
| 2023 | $105,045 | $41,562 | — | — | — |
| 2022 | $84,829 | — | $84,829 | — | — |