Plan Ledger DOL Form 5500 · updated monthly

Sunland Asphalt & Construction, LLC401(k)

SUNLAND ASPHALT AND CONSTRUCTION EMPLOYEES 401(K) SAVINGS PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Sunland Asphalt & Construction, LLC reported $98,498 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $721 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 0.34% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 256th-largest of 1,285 plans among Arizona employers on file, and the 1,406th of 5,337 in construction. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has grown from 771 to 1,334 since 2022.

Plan summary
Net assets, end of year$33,996,390
Participants with balances568
Active participants1,334
Employer contributions$961,299
Employee contributions$3,004,334
Employer contribution per active participant$721
Average account balance$59,853
Benefits paid to participants$4,198,119
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.0M · 568 accts · $961K emplr
2023$28.8M · 498 accts · $864K emplr
2022$23.4M · 533 accts · $858K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,193
Investment management$22,308
Total administrative$98,498
The Sunland Asphalt & Construction, LLC 401(k) match · 2024
Employer contribution per active participant$721
Median for plans this size$2,416
2024$721 per active participant
2023$1,154 per active participant
2022$1,113 per active participant

Sunland Asphalt & Construction, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
NFP RETIREMENT, INC. · Investment advisory (plan)$46,422
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,768
CURAFIN ADVISORS, LLC · Investment advisory (plan)$22,308

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$98,498 · 0.31%
2023$157,124 · 0.60%
2022$88,478 · 0.34%
Same employer
Similar plansConstruction · Arizona
Veregy, LLC AZ$40.9M · 0.15%
Nxg, LLC AZ$36.7M · 0.60%
Synergos Companies LLC AZ$36.3M · 0.48%
Haydon Companies, LLC AZ$33.7M · 0.30%
Haydon Building Corp AZ$29.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860455988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.