Plan Ledger DOL Form 5500 · updated monthly

Sunright America, Inc.401(k)

SRA 401K PLAN · COLUMBUS, IN · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Sunright America, Inc. reported $33,540 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,869 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 0.86% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,169th of 1,562), and 11,145th of 13,661 in manufacturing. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 169 to 194 since 2022.

Plan summary
Net assets, end of year$5,100,290
Participants with balances115
Active participants194
Employer contributions$362,511
Employee contributions$455,738
Employer contribution per active participant$1,869
Average account balance$44,350
Benefits paid to participants$355,135
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 115 accts · $363K emplr
2023$4.1M · 105 accts · $330K emplr
2022$3.0M · 105 accts · $316K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,328
Investment management$21,909
Trustee / custodial$2,303
Total administrative$33,540
The Sunright America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,869
Median for plans this size$1,313
2024$1,869 per active participant
2023$1,814 per active participant
2022$1,870 per active participant

Sunright America, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
AMERICAN PENSION BENEFITS · Recordkeeping$9,328
FIRST FINANCIAL BANK, N.A. · Trustee$21,909

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

Recordkeeper by year2
2024AMERICAN PENSION BENEFITS
2023AMERICAN PENSION BENEFITS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,540 · 0.73%
2023$28,259 · 0.80%
2022$25,398 · 0.86%
Same employer
Similar plansManufacturing · Indiana
Dalton Corporation IN$5.3M · 0.11%
Standard Locknut, LLC IN$5.2M · 0.62%
Tmf Center Inc IN$5.2M · 0.67%
Nukemed Inc. IN$5.0M · 0.04%
Vandor Corporation IN$5.0M · 0.92%
J. Squared Inc. IN$5.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371429850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.