Plan Ledger DOL Form 5500 · updated monthly

Sunrise Engineering, Inc.401(k)

SUNRISE ENGINEERING 401(K) PLAN · FILLMORE, UT · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Sunrise Engineering, Inc. reported $112,133 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,013 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 0.45% to 0.42%. 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 229th-largest of 848 plans among Utah employers on file, and the 4,358th of 11,654 in professional & technical services. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 390 to 468 since 2022.

Plan summary
Net assets, end of year$28,292,420
Participants with balances406
Active participants468
Employer contributions$941,891
Employee contributions$1,882,596
Employer contribution per active participant$2,013
Average account balance$69,686
Benefits paid to participants$4,368,046
Plan auditUnmodified (clean) audit opinion
AuditorGLS CERTIFIED PUBLIC ACCOUNTANTS,PC
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 406 accts · $942K emplr
2023$25.3M · 391 accts · $833K emplr
2022$19.8M · 321 accts · $631K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,133
Total administrative$112,133
The Sunrise Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$2,013
Median for plans this size$2,416
2024$2,013 per active participant
2023$2,163 per active participant
2022$1,618 per active participant

Sunrise Engineering, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
JOHN HANCOCK U.S.A. · Recordkeeping · Investment management$730

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$112,133 · 0.42%
2023$101,534 · 0.45%
2022$95,861 · 0.45%
Same employer
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Tanner LLC UT$31.2M · 0.34%
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Ffkr Architects/Planners II UT$30.0M · 0.16%
Klas Enterprises, LLC UT$26.2M · 0.45%
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Source: U.S. Department of Labor, Form 5500 series, EIN 870395347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.