Plan Ledger DOL Form 5500 · updated monthly

Sunlighten, Inc.401(k)

SUNLIGHTEN, INC. 401(K) PROFIT SHARING PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
1.47%

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

Sunlighten, Inc. reported $104,495 in plan administrative expenses for 2024: 1.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,604 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 rose from 1.00% to 1.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Kansas (560th of 828), and 3,053rd of 5,215 in retail trade. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 154 to 242 since 2022.

Plan summary
Net assets, end of year$7,965,779
Participants with balances298
Active participants242
Employer contributions$630,255
Employee contributions$815,847
Employer contribution per active participant$2,604
Average account balance$26,731
Benefits paid to participants$293,312
Plan auditUnmodified (clean) audit opinion
AuditorBERGANKDV, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 298 accts · $630K emplr
2023$6.2M · 234 accts · $329K emplr
2022$5.5M · 213 accts · $211K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,495
Total administrative$104,495
The Sunlighten, Inc. 401(k) match · 2024
Employer contribution per active participant$2,604
Median for plans this size$1,313
2024$2,604 per active participant
2023$1,679 per active participant
2022$1,368 per active participant

Sunlighten, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20246
BERGANKDV LTD · Accounting / audit$40,797
FRONTIER WEALTH ENTERPRISES · Investment advisory (plan)$25,625
ERISA SERVICES MIDWEST LLC · Contract administrator$18,359
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$5,734
BERGANKDV LLC · Accounting / auditindirect 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$104,495 · 1.47%
2023$61,634 · 1.05%
2022$57,966 · 1.00%
Similar plansRetail Trade · Kansas
Scholfield, Inc. KS$9.3M · 0.29%
Briggs Auto Group, Inc. KS$8.9M · 1.15%
Mel Hambelton Ford, Inc. KS$8.9M · 0.62%
Hairuwear Inc. KS$7.6M · 0.09%
Midwest Bus Sales, Inc. KS$7.1M · 0.50%
Rusty Eck Ford, Inc. KS$7.1M · 0.46%
Cap Carpet, Inc. KS$6.9M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770582440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.