Plan Ledger DOL Form 5500 · updated monthly

Sunroad Holding Corporation401(k)

SUNROAD ENTERPRISES EMPLOYEES' 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Sunroad Holding Corporation reported $155,039 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $461 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 0.30% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 1,515th-largest of 9,483 plans among California employers on file, and the 563rd of 5,215 in retail trade. In 2024, employees put in $10.89 for every $1.00 the employer contributed; active participation has grown from 1,173 to 1,304 since 2022.

Plan summary
Net assets, end of year$60,804,157
Participants with balances1,504
Active participants1,304
Employer contributions$601,743
Employee contributions$6,553,080
Employer contribution per active participant$461
Average account balance$40,428
Benefits paid to participants$8,699,962
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE LOFGREN MORRIS & ENGELB
Plan history3
Yearassets · accounts · employer contribution
2024$60.8M · 1,504 accts · $602K emplr
2023$55.3M · 1,537 accts · $604K emplr
2022$47.8M · 1,546 accts · $483K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$125,797
Investment management$28,169
Total administrative$155,039
The Sunroad Holding Corporation 401(k) match · 2024
Employer contribution per active participant$461
Median for plans this size$3,635
2024$461 per active participant
2023$517 per active participant
2022$412 per active participant

Sunroad Holding Corporation's 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$125,797
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$25,000

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$155,039 · 0.27%
2023$123,836 · 0.24%
2022$151,345 · 0.30%
Same employer
Similar plansRetail Trade · California
Lamps Plus Inc CA$62.1M · 0.05%
Sitecore USA, Inc. CA$61.1M · 0.04%
The Realreal CA$60.8M · 0.63%
Thumbtack, Inc. CA$58.4M · 0.00%
Norm Reeves, Inc. CA$58.1M · 0.21%
Mossy Nissan Inc CA$55.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330473258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.