Sunchase American LTD401(k)
SUNCHASE SALARY SAVINGS PLAN · CHARLOTTE, NC · plan year 2017
Sunchase American LTD's 2017 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,368,094 across 189 participant accounts, with employer contributions averaging $95 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 70 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in North Carolina (1,738th of 2,005), and 1,809th of 2,096 in real estate & leasing. In 2017, employees put in $5.45 for every $1.00 the employer contributed.
Sunchase American LTD's 2017 employer contribution ran below the $580 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 561680851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.