Plan Ledger DOL Form 5500 · updated monthly

Parks & Sons of Sun City, Inc.401(k)

PARKS & SONS OF SUN CITY, INC. 401(K) PLAN · YOUNGTOWN, AZ · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Parks & Sons of Sun City, Inc. reported $65,473 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,200 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.

Across the 2 years on file its reported administrative ratio fell from 1.02% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Arizona (673rd of 1,285), and the 1,158th of 2,534 in administrative & support services. In 2024, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,830,519
Participants with balances156
Active participants143
Employer contributions$171,579
Employee contributions$476,335
Employer contribution per active participant$1,200
Average account balance$50,196
Benefits paid to participants$300,397
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 156 accts · $172K emplr
2023$6.7M · 149 accts · $161K emplr
2022$5.4M · 150 accts · $149K emplr
The Parks & Sons of Sun City, Inc. 401(k) match · 2024
Employer contribution per active participant$1,200
Median for plans this size$1,313
2024$1,200 per active participant
2023$1,178 per active participant
2022$1,096 per active participant

Parks & Sons of Sun City, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment managementindirect comp
PFG ADVISORS, LLC · Investment advisory (participants)$22,087

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$65,473 · 0.90%
2023$54,282 · 0.89%
2022$59,556 · 1.02%
Same employer
Similar plansAdministrative & Support Services · Arizona
Tag Employer Services, Inc AZ$12.7M · 22.75%
Barkley AG Enterprises, LLC AZ$10.2M · 0.74%
Everservice Holdings, LLC AZ$8.6M · 1.15%
NME3, LLC AZ$7.0M · 0.46%
Televerde, LLC. AZ$6.6M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860390345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.