Plan Ledger DOL Form 5500 · updated monthly

Suncor Energy (U.S.A.) Inc.401(k)

SUNCOR ENERGY 401(K) SAVINGS PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Suncor Energy (U.S.A.) Inc. reported $70,947 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,462 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 0.05% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 83rd-largest of 1,461 plans among Colorado employers on file, and the 1,164th of 13,661 in manufacturing. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 560 to 618 since 2022.

Plan summary
Net assets, end of year$200,337,533
Participants with balances783
Active participants618
Employer contributions$5,847,495
Employee contributions$8,428,750
Employer contribution per active participant$9,462
Average account balance$255,859
Benefits paid to participants$14,631,280
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$200.3M · 783 accts · $5.8M emplr
2023$174.2M · 730 accts · $6.3M emplr
2022$149.5M · 717 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,947
Total administrative$70,947
The Suncor Energy (U.S.A.) Inc. 401(k) match · 2024
Employer contribution per active participant$9,462
Median for plans this size$3,635
2024$9,462 per active participant
2023$11,286 per active participant
2022$9,454 per active participant

Suncor Energy (U.S.A.) Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,947

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$70,947 · 0.04%
2023$69,906 · 0.04%
2022$79,080 · 0.05%
Same employer
Similar plansManufacturing · Colorado
Tolmar, Inc. CO$162.8M · 0.07%
Zimmer Biomet Spine, Inc. CO$139.2M · 0.15%
Cochlear Americas CO$124.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510403125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.