Sierra Nevada Company, LLC 401(k) Review & Grade
Sierra Nevada Company, LLC 401(k) Profit Sharing Plan
Sparks, NVManufacturing4,044 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$10,117Employer $ per active participant
$11,103Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$1.0BNet plan assets, end of year
$199,031Average balance per account
Score breakdown
- Employer generosity47.4 / 5095th percentile for employer $ per participant
- Low cost23.5 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving13.1 / 1587th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score84 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 95th |
| Lower admin cost | 94th |
| Employee saving | 87th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Corrective distributions: the plan refunded $14,174 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Sierra Nevada Company put in about $10,117 per active participant, more than the typical peer ($3,452). 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 | $40,912,567 |
| Participant (employee) contributions | $44,899,630 |
| Other contributions (incl. rollovers in) | $18,496,832 |
| Administrative expenses paid from the plan | $195,918 |
| Contract administrator fees | $5,400 |
| Investment advisory & management fees | $73,584 |
| Other admin expenses | $224,871 |
| Benefits paid out | $81,915,332 |
| Net assets, start / end of year | $849.9M / $1.0B |
| Active participants, start / end of year | 3,769 / 4,319 |
| Participants with account balances | 5,055 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| Merrill Lynch | $100,000 reported compensation |
| Hollandandhartllp | $98,896 reported compensation |
| Strategic Advisors, Inc. | $73,584 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250918114319NAL0001355265001, received 2025-09-18, EIN 88-0094415, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.