Sawtst, LLC 401(k) Review & Grade
Sawtst, LLC 401(k) Plan
Redan, GAAdministrative, Support & Staffing Services546 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$124Employer $ per active participant
$1,979Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$4.5MNet plan assets, end of year
$15,818Average balance per account
Score breakdown
- Employer generosity11.6 / 5023th percentile for employer $ per participant
- Low cost13.7 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving7.9 / 1553th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score33 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 55th |
| Employee saving | 53th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Corrective distributions: the plan refunded $3,458 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Sawtst put in about $124 per active participant, below the typical peer ($712). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $67,668 |
| Participant (employee) contributions | $1,079,328 |
| Other contributions (incl. rollovers in) | $4,164 |
| Administrative expenses paid from the plan | $7,631 |
| Contract administrator fees | $7,631 |
| Benefits paid out | $446,093 |
| Net assets, start / end of year | $3.3M / $4.5M |
| Active participants, start / end of year | 568 / 523 |
| Participants with account balances | 283 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Mauldin & Jenkins, LLC |
Largest service providers (Schedule C)
| Ascensus LLC | $7,631 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250818163053NAL0000753315001, received 2025-08-18, EIN 20-4469646, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.