Plan Ledger DOL Form 5500 · updated monthly

Sunny Days Early Childhood Development Services, Inc.401(k)

SUNNY DAYS EARLY CHILDHOOD DEVELOPMENT SERVICES, INC. 401(K) PLAN · MANALAPAN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Sunny Days Early Childhood Development Services, Inc. reported $96,802 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,016 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 964th-largest of 2,419 plans among New Jersey employers on file, and the 1,461st of 3,091 in educational services. In 2024, employees put in $3.09 for every $1.00 the employer contributed; active participation has grown from 302 to 353 since 2022.

Plan summary
Net assets, end of year$23,782,781
Participants with balances282
Active participants353
Employer contributions$358,727
Employee contributions$1,109,153
Employer contribution per active participant$1,016
Average account balance$84,336
Benefits paid to participants$1,122,959
Plan auditUnmodified (clean) audit opinion
AuditorLAWSON, RESCINIO, SCHIBELL & ASSOC.
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 282 accts · $359K emplr
2023$20.8M · 271 accts · $339K emplr
2022$17.2M · 267 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,963
Investment management$40,839
Total administrative$96,802
The Sunny Days Early Childhood Development Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,016
Median for plans this size$2,416
2024$1,016 per active participant
2023$961 per active participant
2022$1,003 per active participant

Sunny Days Early Childhood Development Services, Inc.'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 · 20242
EPIC RETIREMENT PLAN SERVCIES · Recordkeeping · Participant communication$55,963
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (plan)$44,140

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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Administrative cost history3
2024$96,802 · 0.43%
2023$82,740 · 0.43%
2022$80,570 · 0.44%
Same employer
Similar plansEducational Services · New Jersey
Ranney School NJ$25.4M · 0.19%
Hawkswood, Inc. NJ$21.8M · 0.20%
Yeshiva of North Jersey NJ$21.3M · 0.20%
The Elisabeth Morrow School NJ$21.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223299236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.