Plan Ledger DOL Form 5500 · updated monthly

Natural Power Sources dba Suntuity401(k)

SUNTUITY 401(K) PLAN · HOLMDEL, NJ · plan year 2022

Reported admin expense ratio · 2022
4.04%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Natural Power Sources dba Suntuity reported $7,265 in plan administrative expenses for 2022: 4.04% of average plan assets, higher than ~90% of peers. Employer contributions averaged $252 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New Jersey (2,323rd of 2,419), and 5,264th of 5,337 in construction. In 2022, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$324,287
Participants with balances39
Active participants297
Employer contributions$74,859
Employee contributions$138,262
Employer contribution per active participant$252
Average account balance$8,315
Benefits paid to participants$93,707
Plan auditUnmodified (clean) audit opinion
AuditorPERRY HAY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,265
Total administrative$7,265
The Natural Power Sources dba Suntuity 401(k) match · 2022
Employer contribution per active participant$252
Median for plans this size$331

Natural Power Sources dba Suntuity's 2022 employer contribution ran below the $331 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,265 · 4.04%
Similar plansConstruction · New Jersey
1 800 Heaters Inc NJ$1.3M · 0.70%
Vision Solar NJ$506K · 1.95%
Donato Plumbing, Inc. NY$328K · 1.10%
Metro Waterproofing, Inc. GA$327K · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261875099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.