Plan Ledger DOL Form 5500 · updated monthly

Sunrise Services, Inc.401(k)

SUNRISE SERVICES, INC. 401(K) PLAN · EVERETT, WA · plan year 2023

Reported admin expense ratio · 2023
0.79%

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

Sunrise Services, Inc. reported $66,892 in plan administrative expenses for 2023: 0.79% of average plan assets, above the peer median. Employer contributions averaged $961 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 1 year on file its reported administrative ratio rose from 0.74% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,112th of 1,714), and the 5,945th of 11,911 in health care & social assistance. In 2023, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,293,789
Participants with balances670
Active participants539
Employer contributions$517,940
Employee contributions$1,102,333
Employer contribution per active participant$961
Average account balance$13,871
Benefits paid to participants$943,493
Plan auditUnmodified (clean) audit opinion
AuditorSABEY CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $294K emplr
2023$9.3M · 670 accts · $518K emplr
2022$7.6M · 646 accts · $452K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$58,095
Total administrative$66,892
The Sunrise Services, Inc. 401(k) match · 2023
Employer contribution per active participant$961
Median for plans this size$1,308
2023$961 per active participant
2022$870 per active participant

Sunrise Services, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
EMPOWER ADVISORY GROUP, LLC · Investment management$7,665
MASSACHUSETTS MUTUAL LIFE INS COMPindirect comp
PENSION PLAN SPECIALISTS PC · Accounting / audit · Pension consultingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$66,892 · 0.79%
2022$62,045 · 0.74%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Panorama WA$10.0M · 0.68%
Jewish Family Service WA$9.9M · 0.05%
Aesthetic Physicians P.C. WA$9.2M · 0.79%
Treehouse WA$9.1M · 0.08%
Sound Generations WA$9.0M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911013396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.