Plan Ledger DOL Form 5500 · updated monthly

Sundowner Trailers, Inc.401(k)

SUNDOWNER TRAILERS, INC. 401(K) RETIREMENT PLAN · COLEMAN, OK · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Sundowner Trailers, Inc. reported $6,789 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $570 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 3 years on file its reported administrative ratio fell from 0.15% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oklahoma (475th of 724), and 10,078th of 13,661 in manufacturing. In 2023, employees put in $3.02 for every $1.00 the employer contributed; active participation has shrunk from 228 to 203 since 2022.

Plan summary
Net assets, end of year$7,164,089
Participants with balances150
Active participants203
Employer contributions$115,750
Employee contributions$349,384
Employer contribution per active participant$570
Average account balance$47,761
Benefits paid to participants$390,055
Plan auditUnmodified (clean) audit opinion
AuditorLANDMARK PLC, CPAS
Plan history4
Yearassets · accounts · employer contribution
2025$6.1M · 114 accts · $124K emplr
2024$6.6M · 126 accts · $300K emplr
2023$7.2M · 150 accts · $116K emplr
2022$6.1M · 156 accts · $144K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,789
Total administrative$6,789
The Sundowner Trailers, Inc. 401(k) match · 2023
Employer contribution per active participant$570
Median for plans this size$1,308
2025$822 per active participant
2024$1,785 per active participant
2023$570 per active participant
2022$630 per active participant

Sundowner Trailers, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,325
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)$9,621

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$6,754 · 0.11%
2024$9,285 · 0.13%
2023$6,789 · 0.10%
2022$9,656 · 0.15%
Same employer
Similar plansManufacturing · Oklahoma
Pelco Products, Inc. OK$7.6M · 0.98%
Mertz Manufacturing, Inc. OK$7.2M · 0.29%
Cmp Corporation OK$7.1M · 0.33%
Wilnat, Inc. OK$6.9M · 0.38%
Da/Pro Rubber, Inc. OK$6.2M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731133559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.