Plan Ledger DOL Form 5500 · updated monthly

Sunbelt Rentals, Inc.401(k)

SUNBELT RENTALS, INC. RETIREMENT SAVINGS PLAN · FORT MILL, SC · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Sunbelt Rentals, Inc. reported $1,596,914 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,933 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 0.16% to 0.15%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 9th-largest of 807 plans among South Carolina employers on file, and the 7th of 2,096 in real estate & leasing. In 2024, employees put in $3.07 for every $1.00 the employer contributed; active participation has grown from 15,413 to 18,710 since 2022.

Plan summary
Net assets, end of year$1,191,558,506
Participants with balances19,353
Active participants18,710
Employer contributions$36,157,702
Employee contributions$110,916,046
Employer contribution per active participant$1,933
Average account balance$61,570
Benefits paid to participants$105,715,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 19,353 accts · $36.2M emplr
2023$997.5M · 19,380 accts · $34.9M emplr
2022$778.7M · 16,748 accts · $28.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,589,055
Audit (IQPA)$7,859
Total administrative$1,596,914
The Sunbelt Rentals, Inc. 401(k) match · 2024
Employer contribution per active participant$1,933
Median for plans this size$5,259
2024$1,933 per active participant
2023$1,851 per active participant
2022$1,857 per active participant

Sunbelt Rentals, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,589,054
GREERWALKERLLP LLP · Accounting / audit$7,900
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · 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$1,596,914 · 0.15%
2023$1,363,006 · 0.15%
2022$1,259,344 · 0.16%
Same employer
Similar plansReal Estate & Leasing · South Carolina
Zillow Group, Inc. WA$849.8M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 580415192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.