Plan Ledger DOL Form 5500 · updated monthly

Sun Commodities, Inc.401(k)

SUN COMMODITIES 401(K) PLAN · POMPANO BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Sun Commodities, Inc. reported $38,337 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,497 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 rose from 0.26% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,544th-largest of 3,644 plans among Florida employers on file, and 2,621st of 4,246 in wholesale trade. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 333 to 436 since 2022.

Plan summary
Net assets, end of year$12,453,468
Participants with balances613
Active participants436
Employer contributions$652,560
Employee contributions$1,295,244
Employer contribution per active participant$1,497
Average account balance$20,316
Benefits paid to participants$763,348
Plan auditUnmodified (clean) audit opinion
AuditorLOUIS PLUNG & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 613 accts · $653K emplr
2023$9.9M · 473 accts · $558K emplr
2022$8.3M · 332 accts · $473K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,274
Investment management$14,063
Total administrative$38,337
The Sun Commodities, Inc. 401(k) match · 2024
Employer contribution per active participant$1,497
Median for plans this size$2,416
2024$1,497 per active participant
2023$1,442 per active participant
2022$1,421 per active participant

Sun Commodities, 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
ADP, INC. · Loan processing · Recordkeeping$38,336
AIG SUN AMERICA LIFE ASSURANCE COMP · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$38,337 · 0.34%
2023$27,315 · 0.30%
2022$22,829 · 0.26%
Same employer
Similar plansWholesale Trade · Florida
Champion Brands, Inc. FL$13.1M · 0.36%
Agro Holdings FL$12.9M
Pax Technology Inc FL$12.3M · 0.18%
Tropic Supply, Inc. FL$12.2M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650805348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.