Plan Ledger DOL Form 5500 · updated monthly

Sun Kool Air Conditioning, Inc.401(k)

SUN KOOL AIR CONDITIONING, INC. 401K PLAN · OCALA, FL · plan year 2022

Reported admin expense ratio · 2022
1.19%

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

Sun Kool Air Conditioning, Inc. reported $4,647 in plan administrative expenses for 2022: 1.19% of average plan assets, above the peer median. Employer contributions averaged $857 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (3,481st of 3,644), and 5,216th of 5,337 in construction. In 2022, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$538,267
Participants with balances68
Active participants179
Employer contributions$153,423
Employee contributions$272,940
Employer contribution per active participant$857
Average account balance$7,916
Benefits paid to participants$80,888
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK(K) CPA
The Sun Kool Air Conditioning, Inc. 401(k) match · 2022
Employer contribution per active participant$857
Median for plans this size$331

Sun Kool Air Conditioning, Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,647 · 1.19%
Same employer
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Stage Door II, Inc. FL$633K · 0.27%
Go-Tilt Construction LLC FL$618K · 0.48%
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Crown Capital Mgmt LLC FL$483K · 1.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592628297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.