Plan Ledger DOL Form 5500 · updated monthly

Sun Bum LLC401(k)

SUN BUM LLC 401(K) PLAN · ENCINITAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Sun Bum LLC reported $29,861 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $4,739 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,364th of 9,483), and 10,213th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,931,001
Participants with balances178
Active participants116
Employer contributions$549,756
Employee contributions$992,191
Employer contribution per active participant$4,739
Average account balance$38,938
Benefits paid to participants$324,007
Plan auditUnmodified (clean) audit opinion
AuditorHAYNIE AND CO
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 178 accts · $550K emplr
2023$4.7M · 163 accts · $443K emplr
2022$2.7M · 150 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,819
Investment management$28,042
Total administrative$29,861
The Sun Bum LLC 401(k) match · 2024
Employer contribution per active participant$4,739
Median for plans this size$1,313
2024$4,739 per active participant
2023$3,855 per active participant
2022$3,154 per active participant

Sun Bum LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$1,839
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$28,042

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$29,861 · 0.51%
2023$17,361 · 0.47%
2022$12,506 · 0.49%
Similar plansManufacturing · California
Irwin Naturals CA$7.0M · 1.01%
Killion Industries, Inc. CA$7.0M · 0.37%
Donsuemor, Inc. CA$7.0M · 0.19%
Kmd Brands CA$6.9M · 0.86%
Sound Agriculture Company CA$6.9M · 0.10%
Label-Aire, Inc. CA$6.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271742430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.