Plan Ledger DOL Form 5500 · updated monthly

Sundance, Inc.401(k)

TEAM LYDERS RETIREMENT PLAN · BRIGHTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Sundance, Inc. reported $38,849 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $228 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 0.79% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (1,775th of 2,619), and the 717th of 2,240 in accommodation & food services. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 1,711 to 2,020 since 2022.

Plan summary
Net assets, end of year$7,181,306
Participants with balances212
Active participants2,020
Employer contributions$461,232
Employee contributions$875,410
Employer contribution per active participant$228
Average account balance$33,874
Benefits paid to participants$468,831
Plan auditUnmodified (clean) audit opinion
AuditorFENNER, MELSTROM & DOOLING PLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 212 accts · $461K emplr
2023$5.2M · 199 accts · $418K emplr
2022$3.6M · 196 accts · $395K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,457
Investment management$27,392
Total administrative$38,849
The Sundance, Inc. 401(k) match · 2024
Employer contribution per active participant$228
Median for plans this size$1,313
2024$228 per active participant
2023$221 per active participant
2022$231 per active participant

Sundance, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
REHMANN CAPITAL ADVISORY GROUP · Other services$27,392
REHMANN FINANCIAL GROUP · Other services$11,457

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$38,849 · 0.63%
2023$61,885 · 1.40%
2022$28,314 · 0.79%
Same employer
Similar plansAccommodation & Food Services · Michigan
Tsfr Apple Venture LLC MI$12.2M · 0.56%
Crystal Enterprises, Inc. MI$9.3M · 0.34%
Russ' of Holland, Inc. MI$6.9M · 0.61%
Outdoor Adventures, Inc. MI$5.8M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383284710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.