Plan Ledger DOL Form 5500 · updated monthly

Sunbelt Modular Inc.401(k)

SUNBELT MODULAR INC. PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Sunbelt Modular Inc. reported $8,164 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,006 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 0.47% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 527th-largest of 1,285 plans among Arizona employers on file, and 2,836th of 5,337 in construction. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 610 to 755 since 2022.

Plan summary
Net assets, end of year$11,810,175
Participants with balances250
Active participants755
Employer contributions$759,886
Employee contributions$919,610
Employer contribution per active participant$1,006
Average account balance$47,241
Benefits paid to participants$939,509
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 250 accts · $760K emplr
2023$10.2M · 218 accts · $651K emplr
2022$8.8M · 204 accts · $572K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,902
Investment management$5,262
Total administrative$8,164
The Sunbelt Modular Inc. 401(k) match · 2024
Employer contribution per active participant$1,006
Median for plans this size$2,416
2024$1,006 per active participant
2023$839 per active participant
2022$937 per active participant

Sunbelt Modular Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$4,943
ONEAMERICA RETIREMENT SERVICES LLC · Plan administrator · Named fiduciary$5,262
LPL FINANCIAL LLC · Consultingindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$8,164 · 0.07%
2023$32,524 · 0.34%
2022$44,379 · 0.47%
Same employer
Similar plansConstruction · Arizona
3-G Construction Co., Inc. AZ$14.1M · 0.00%
The Rock Solid, Inc. AZ$11.5M · 0.13%
Jenco, Inc. AZ$9.7M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208952512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.