Plan Ledger DOL Form 5500 · updated monthly

Sun Life Family Health Center, Inc.403(b)

SUN LIFE FAMILY HEALTH CENTER, INC. 403(B) PLAN · CASA GRANDE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Sun Life Family Health Center, Inc. reported $96,517 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,537 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 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 378th-largest of 1,285 plans among Arizona employers on file, and the 3,830th of 11,911 in health care & social assistance. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 408 to 483 since 2022.

Plan summary
Net assets, end of year$18,980,378
Participants with balances689
Active participants483
Employer contributions$742,317
Employee contributions$1,840,979
Employer contribution per active participant$1,537
Average account balance$27,548
Benefits paid to participants$2,055,496
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 689 accts · $742K emplr
2023$16.2M · 640 accts · $577K emplr
2022$13.2M · 561 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,517
Total administrative$96,517
Employer contributions to the Sun Life Family Health Center, Inc. plan · 2024
Employer contribution per active participant$1,537
Median for plans this size$2,416
2024$1,537 per active participant
2023$1,284 per active participant
2022$292 per active participant

Sun Life Family Health Center, 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$96,167
CBIZ INVESTMENT ADVISORY SERVICES, · Investment advisory (plan)indirect comp
CBIZ BENEFITS & INSURANCE SERVICES · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$96,517 · 0.55%
2023$79,659 · 0.54%
2022$75,641 · 0.53%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Accumen Inc. AZ$20.4M · 0.31%
Team Select Holding, LLC AZ$18.9M · 0.56%
Adelante Healthcare, Inc. AZ$18.7M · 0.04%
Winslow Memorial Hospital AZ$18.3M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860296211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.