Plan Ledger DOL Form 5500 · updated monthly

Sunland Logistics Solutions, Inc.401(k)

SUNLAND LOGISTICS SOLUTIONS, INC. 401(K) SALARY REDUCTION PLAN & TRUST · SIMPSONVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Sunland Logistics Solutions, Inc. reported $111,229 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,945 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 1.12% to 0.99%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 388th-largest of 807 plans among South Carolina employers on file, and the 1,034th of 2,677 in transportation & warehousing. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has shrunk from 792 to 310 since 2022.

Plan summary
Net assets, end of year$12,078,574
Participants with balances509
Active participants310
Employer contributions$912,889
Employee contributions$1,817,462
Employer contribution per active participant$2,945
Average account balance$23,730
Benefits paid to participants$2,266,084
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 509 accts · $913K emplr
2023$10.4M · 576 accts · $951K emplr
2022$7.1M · 791 accts · $570K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,229
Total administrative$111,229
The Sunland Logistics Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,945
Median for plans this size$2,416
2024$2,945 per active participant
2023$2,003 per active participant
2022$720 per active participant

Sunland Logistics Solutions, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,578
MATCH GRADE ADVISORS LLC · Investment advisory (plan)$42,651

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$111,229 · 0.99%
2023$92,011 · 1.05%
2022$79,192 · 1.12%
Same employer
Similar plansTransportation & Warehousing · South Carolina
Colinx SC$51.2M · 0.13%
Bgi LLC SC$35.8M · 0.37%
Stevens Towing Co., Inc. SC$11.3M · 0.53%
Jear Logistics, LLC SC$10.9M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570738510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.