Plan Ledger DOL Form 5500 · updated monthly

Sun Behavioral Health, Inc.Stock bonus plan

SUN BEHAVIORAL HEALTH, INC. 401(K) PLAN · BRICK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Sun Behavioral Health, Inc. reported $102,588 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,382 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 1.41% to 0.77%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,234th of 2,419), and the 4,411th of 11,911 in health care & social assistance. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 816 to 980 since 2022.

Plan summary
Net assets, end of year$15,362,615
Participants with balances933
Active participants980
Employer contributions$1,354,299
Employee contributions$2,353,411
Employer contribution per active participant$1,382
Average account balance$16,466
Benefits paid to participants$1,397,860
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 933 accts · $1.4M emplr
2023$11.3M · 751 accts · $959K emplr
2022$8.0M · 701 accts · $903K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,976
Investment management$588
Total administrative$102,588
Employer contributions to the Sun Behavioral Health, Inc. plan · 2024
Employer contribution per active participant$1,382
Median for plans this size$2,416
2024$1,382 per active participant
2023$814 per active participant
2022$1,107 per active participant

Sun Behavioral Health, Inc.'s 2024 employer contribution ran below the $2,416 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
ONEDIGITAL INVESTMENT ADVISORSindirect comp

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

Administrative cost history3
2024$102,588 · 0.77%
2023$105,363 · 1.09%
2022$110,313 · 1.41%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Fellowshiplife, Inc. NJ$15.9M · 0.68%
Vanguard Medical Group, PA NJ$15.9M · 0.05%
Bright Harbor Healthcare NJ$15.6M · 0.19%
Acute Care Health System NJ$15.2M · 0.14%
Eye Centers of America, LLC NJ$15.1M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463864259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.