Sage Dining Services, Inc. 401(k) Review & Grade
Sage Dining Services, Inc. 401(k) Plan
Lutherville, MDAccommodation & Food Services2,286 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,012Employer $ per active participant
$2,068Employee $ saved per active participant
0.23%Direct admin cost, % of plan assets
$63.6MNet plan assets, end of year
$47,246Average balance per account
Score breakdown
- Employer generosity43.4 / 5087th percentile for employer $ per participant
- Low cost12.6 / 2551th percentile for low admin cost vs. same-size plans
- Employee saving12.7 / 1585th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 87th |
| Lower admin cost | 51th |
| Employee saving | 85th |
| Peers that auto-enroll | 17% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Sage Dining Services put in about $1,012 per active participant, more than the typical peer ($266). 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.
- 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 | $2,313,470 |
| Participant (employee) contributions | $4,727,936 |
| Other contributions (incl. rollovers in) | $65,067 |
| Administrative expenses paid from the plan | $133,869 |
| Investment advisory & management fees | $41,219 |
| Benefits paid out | $5,409,208 |
| Net assets, start / end of year | $55.0M / $63.6M |
| Active participants, start / end of year | 2,234 / 2,338 |
| Participants with account balances | 1,347 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Yount Hyde & Barbour P.C. |
Largest service providers (Schedule C)
| Adp, Inc. | $92,650 reported compensation |
| Resources Investment Advisors, Inc. | $41,219 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260119135752NAL0000841283001, received 2026-01-19, EIN 52-1689755, plan #001, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.