Plan Ledger DOL Form 5500 · updated monthly

Sunniland Corporation401(k)

SUNNILAND CORPORATE CASH OR DEFERRED PROFIT SHARING PLAN · SANFORD, FL · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Sunniland Corporation reported $44,034 in plan administrative expenses for 2022: 0.13% of average plan assets, below the peer median. Employer contributions averaged $11,980 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 775th-largest of 3,644 plans among Florida employers on file, and the 4,291st of 13,661 in manufacturing. In 2022, the employer put in $2.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$31,899,256
Participants with balances251
Active participants223
Employer contributions$2,671,476
Employee contributions$1,221,572
Employer contribution per active participant$11,980
Average account balance$127,089
Benefits paid to participants$2,363,108
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $2.5M emplr
2022$31.9M · 251 accts · $2.7M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$44,034
Total administrative$44,034
The Sunniland Corporation 401(k) match · 2022
Employer contribution per active participant$11,980
Median for plans this size$2,266

Sunniland Corporation's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$44,034 · 0.13%
Similar plansManufacturing · Florida
Aero Simulation, Inc. FL$34.4M · 0.06%
Bolton Medical Inc. FL$34.2M · 0.38%
Adma Biologics, Inc. FL$32.6M · 0.48%
Prolifics, Inc. FL$32.0M · 0.14%
Stenner Pump Company, Inc. FL$31.8M · 0.00%
Signature Brands, LLC FL$30.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591937683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.