Plan Ledger DOL Form 5500 · updated monthly

Sunrise Management Group, Inc.401(k)

SUNRISE MANAGEMENT GROUP 401(K) SAFE HARBOR PLAN · OCEAN SPRINGS, MS · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Sunrise Management Group, Inc. reported $20,062 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,401 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 rose from 0.45% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Mississippi (267th of 367), and 1,974th of 2,199 in information & media. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 126 to 144 since 2022.

Plan summary
Net assets, end of year$3,900,992
Participants with balances127
Active participants144
Employer contributions$201,749
Employee contributions$329,947
Employer contribution per active participant$1,401
Average account balance$30,716
Benefits paid to participants$206,168
Plan auditUnmodified (clean) audit opinion
AuditorWATKINS, WARD AND STAFFORD, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 127 accts · $202K emplr
2023$3.1M · 112 accts · $190K emplr
2022$2.3M · 123 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,062
Total administrative$20,062
The Sunrise Management Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,401
Median for plans this size$1,313
2024$1,401 per active participant
2023$1,300 per active participant
2022$1,483 per active participant

Sunrise Management Group, 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 · 20241
REGIONS BANK DBA REGIONS TRUST · Investment advisory (plan)$15,798

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$20,062 · 0.57%
2023$16,191 · 0.60%
2022$10,804 · 0.45%
Similar plansInformation & Media · Mississippi
Emmerich Newspapers, Inc. MS$4.9M · 0.96%
Hi Management, LLC MS$4.6M · 0.64%
Pffa Acquisition LLC OH$3.9M · 0.49%
Care Zone, Inc. CA$3.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812458360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.