Plan Ledger DOL Form 5500 · updated monthly

Sun, Inc401(k)

SUN, INC. 401(K) PROFIT SHARING PLAN · WEST COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Sun, Inc reported $5,542 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $713 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 0.71% to 0.14%. 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 South Carolina (593rd of 807), and 11,608th of 13,661 in manufacturing. In 2024, employees put in $2.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,263,542
Participants with balances113
Active participants134
Employer contributions$95,606
Employee contributions$285,991
Employer contribution per active participant$713
Average account balance$37,730
Benefits paid to participants$150,470
Plan auditUnmodified (clean) audit opinion
AuditorBAUKNIGHT, PIETRAS & STORMER PA
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 113 accts · $96K emplr
2023$3.5M · 133 accts · $64K emplr
2022$2.9M · 132 accts · $61K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,926
Investment management$1,616
Total administrative$5,542
The Sun, Inc 401(k) match · 2024
Employer contribution per active participant$713
Median for plans this size$1,313
2024$713 per active participant
2023$540 per active participant
2022$480 per active participant

Sun, 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.

Administrative cost history3
2024$5,542 · 0.14%
2023$19,967 · 0.63%
2022$23,556 · 0.71%
Similar plansManufacturing · South Carolina
Komet USA, LLC SC$4.6M · 0.39%
US Brick Holdings, LLC SC$4.2M · 0.74%
Knight's Companies, Inc. SC$4.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570937273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.