Saber Power Services, LLC 401(k) Review & Grade
Saber Power Services, LLC 401(k) Profit Sharing Plan
Rosharon, TXOther Services756 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,886Employer $ per active participant
$7,668Employee $ saved per active participant
0.47%Direct admin cost, % of plan assets
$49.6MNet plan assets, end of year
$71,360Average balance per account
Score breakdown
- Employer generosity39.9 / 5080th percentile for employer $ per participant
- Low cost6.3 / 2525th percentile for low admin cost vs. same-size plans
- Employee saving13.2 / 1588th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-3 pts1 issue reported on the filing
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 25th |
| Employee saving | 88th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Corrective distributions: the plan refunded $8,244 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Saber Power Services put in about $2,886 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.47% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,183,371 |
| Participant (employee) contributions | $5,800,845 |
| Other contributions (incl. rollovers in) | $1,495,354 |
| Administrative expenses paid from the plan | $188,256 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $85,379 |
| Benefits paid out | $4,638,657 |
| Net assets, start / end of year | $30.9M / $49.6M |
| Active participants, start / end of year | 628 / 885 |
| Participants with account balances | 695 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Fitts, Roberts, Kolkhorst & Co, PC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $102,877 reported compensation |
| Raymond James Financial Services | $78,457 reported compensation |
| LPL Financial LLC | $6,922 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007115207NAL0002639795001, received 2025-10-07, EIN 27-2783614, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.