Plan Ledger DOL Form 5500 · updated monthly

Sunrise Community, Inc.403(b)

SUNRISE COMMUNITY, INC. THE EMPLOYEE PENSION BENEFIT PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Sunrise Community, Inc. reported $176,639 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $863 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 0.74% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 816th-largest of 3,644 plans among Florida employers on file, and the 4,189th of 11,654 in professional & technical services. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$29,939,840
Participants with balances2,577
Active participants2,839
Employer contributions$2,449,136
Employee contributions$2,437,602
Employer contribution per active participant$863
Average account balance$11,618
Benefits paid to participants$3,519,903
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.9M · 2,577 accts · $2.4M emplr
2023$26.0M · 3,233 accts · $1.5M emplr
2022$22.8M · 3,192 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$176,639
Total administrative$176,639
Employer contributions to the Sunrise Community, Inc. plan · 2024
Employer contribution per active participant$863
Median for plans this size$2,416
2024$863 per active participant
2023$500 per active participant
2022$470 per active participant

Sunrise Community, 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
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$195,061
VARIABLE ANNUITY LIFE INSURANCE CO. · Custodial (securities) · Investment management$12,725

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$176,639 · 0.63%
2023$177,855 · 0.73%
2022$155,828 · 0.74%
Same employer
Similar plansProfessional & Technical Services · Florida
Independent Living Systems FL$31.7M · 0.44%
Cph Consulting, LLC FL$31.5M · 0.19%
Nextech Systems, LLC FL$30.3M · 0.33%
HR, Inc. dba Simple HR FL$29.0M · 0.40%
Assistrx, Inc. FL$28.9M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650118730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.