Plan Ledger DOL Form 5500 · updated monthly

Sun Coast Resources, Inc.401(k)

SUN COAST RESOURCES, INC. RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.35%

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

Sun Coast Resources, Inc. reported $133,146 in plan administrative expenses for 2022: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,285 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other other services employers. By assets it is the 1,352nd-largest of 5,688 plans among Texas employers on file, and the 611th of 3,341 in other services. In 2022, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,653,995
Participants with balances604
Active participants768
Employer contributions$1,754,946
Employee contributions$3,055,653
Employer contribution per active participant$2,285
Average account balance$59,030
Benefits paid to participants$2,830,294
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $556K emplr
2022$35.7M · 604 accts · $1.8M emplr
The Sun Coast Resources, Inc. 401(k) match · 2022
Employer contribution per active participant$2,285
Median for plans this size$2,266

Sun Coast Resources, Inc.'s 2022 employer contribution ran above the $2,266 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 history2
2023Not separately reported
2022$133,146 · 0.35%
Same employer
Similar plansOther Services · Texas
Fenix Management, LLC TX$40.0M · 0.60%
Beyond Finance, LLC TX$39.7M · 0.60%
Concentric LLC TX$38.9M · 0.27%
Sms Infocomm Corporation TX$37.2M · 0.11%
Ypo, Inc. TX$32.0M · 0.17%
Saber Power Services, LLC TX$30.9M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760143483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.