Plan Ledger DOL Form 5500 · updated monthly

Sunland Construction, Inc.401(k)

SUNLAND CONSTRUCTION, INC. PROFIT SHARING 401(K) PLAN · EUNICE, LA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Sunland Construction, Inc. reported $50,531 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $293 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 0.14% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 112th-largest of 884 plans among Louisiana employers on file, and the 979th of 5,337 in construction. In 2024, employees put in $6.90 for every $1.00 the employer contributed; active participation has grown from 574 to 1,571 since 2022.

Plan summary
Net assets, end of year$54,698,774
Participants with balances461
Active participants1,571
Employer contributions$460,229
Employee contributions$3,176,087
Employer contribution per active participant$293
Average account balance$118,652
Benefits paid to participants$6,615,186
Plan auditUnmodified (clean) audit opinion
AuditorDARNALL SIKES & FREDERICK
Plan history3
Yearassets · accounts · employer contribution
2024$54.7M · 461 accts · $460K emplr
2023$50.6M · 440 accts · $445K emplr
2022$43.6M · 411 accts · $446K emplr
Administrative expenses, itemized · 2024
Investment management$60,494
Total administrative$50,531
The Sunland Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$293
Median for plans this size$3,635
2024$293 per active participant
2023$627 per active participant
2022$778 per active participant

Sunland Construction, Inc.'s 2024 employer contribution ran below the $3,635 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
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$60,494
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$50,531 · 0.10%
2023$47,012 · 0.10%
2022$68,256 · 0.14%
Same employer
Similar plansConstruction · Louisiana
The Newtron Group, L.L.C. LA$117.9M · 0.17%
Boh Company, LLC LA$90.2M · 0.12%
Mmr Group, Inc. LA$85.0M · 0.14%
Excel Contractors, LLC LA$53.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720751401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.