Plan Ledger DOL Form 5500 · updated monthly

Sunrun Inc.401(k)

SUNRUN INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Sunrun Inc. reported $1,158,378 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,112 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 0.50% to 0.35%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 350th-largest of 9,483 plans among California employers on file, and the 726th of 13,661 in manufacturing. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$366,271,468
Participants with balances105
Active participants9,452
Employer contributions$19,965,006
Employee contributions$48,684,169
Employer contribution per active participant$2,112
Average account balance$3,488,300
Benefits paid to participants$41,390,038
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$366.3M · 105 accts · $20.0M emplr
2023$291.6M · 12,430 accts · $23.0M emplr
2022$211.5M · 11,423 accts · $21.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$787,080
Investment management$283,249
Total administrative$1,158,378
The Sunrun Inc. 401(k) match · 2024
Employer contribution per active participant$2,112
Median for plans this size$4,294
2024$2,112 per active participant
2023$2,794 per active participant
2022$2,229 per active participant

Sunrun Inc.'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 · 20246
EMPOWER ADVISORY GROUP, LLC · Investment management$204,434
PLANTE AND MORAN · Accounting / audit$78,815
GLOBAL RETIREMENT PARTNERS LLC$74,000
MMA SECURITIES LLC · Accounting / audit$22,782
ACCESS RETIREMENT SERVICES LLC$2,250

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$1,158,378 · 0.35%
2023$1,307,359 · 0.52%
2022$949,595 · 0.50%
Same employer
Similar plansManufacturing · California
Xperi Inc. CA$387.6M · 0.03%
Jazz Pharmaceuticals, Inc. CA$373.8M · 0.03%
Logitech Inc. CA$360.1M · 0.07%
Infinera Corporation CA$359.9M · 0.06%
Topgolf Callaway Brands Corp CA$357.4M · 0.12%
Haas Automation, Inc. CA$356.1M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262841711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.