Plan Ledger DOL Form 5500 · updated monthly

Sunrise Senior Living, LLC401(k)

SUNRISE SENIOR LIVING 401(K) PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Sunrise Senior Living, LLC reported $1,692,999 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $580 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 0.53% to 0.49%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 101st-largest of 2,266 plans among Virginia employers on file, and the 423rd of 11,911 in health care & social assistance. In 2024, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$360,105,590
Participants with balances23,402
Active participants18,934
Employer contributions$10,975,736
Employee contributions$34,313,848
Employer contribution per active participant$580
Average account balance$15,388
Benefits paid to participants$49,858,190
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$360.1M · 23,402 accts · $11.0M emplr
2023$333.3M · 23,258 accts · $10.8M emplr
2022$289.6M · 24,414 accts · $10.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,592,077
Investment management$44,000
Audit (IQPA)$48,300
Total administrative$1,692,999
The Sunrise Senior Living, LLC 401(k) match · 2024
Employer contribution per active participant$580
Median for plans this size$4,294
2024$580 per active participant
2023$583 per active participant
2022$529 per active participant

Sunrise Senior Living, LLC's 2024 employer contribution ran below the $4,294 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 · 20244
BAKER TILLY US LLP · Accounting / audit$48,300
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$44,000
HUNTON & WILLIAMS LLP · Legal$8,622

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$1,692,999 · 0.49%
2023$1,729,382 · 0.56%
2022$1,640,097 · 0.53%
Similar plansHealth Care & Social Assistance · Virginia
Valley Health System VA$542.0M · 0.10%
Sentara Holdings, Inc. VA$435.4M · 0.08%
Mary Washington Healthcare VA$400.3M · 0.08%
Patient First Corporation VA$286.3M · 0.13%
Orthovirginia, Inc. VA$273.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541746596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.