Plan Ledger DOL Form 5500 · updated monthly

Sunset Chevrolet, Inc.401(k)

SUNSET CHEVROLET 401(K) RETIREMENT PLAN · SUMNER, WA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Sunset Chevrolet, Inc. reported $22,983 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $621 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 1.26% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,159th of 1,714), and 2,967th of 5,215 in retail trade. In 2024, employees put in $6.03 for every $1.00 the employer contributed; active participation has grown from 153 to 183 since 2022.

Plan summary
Net assets, end of year$8,334,554
Participants with balances118
Active participants183
Employer contributions$113,556
Employee contributions$684,229
Employer contribution per active participant$621
Average account balance$70,632
Benefits paid to participants$711,949
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 118 accts · $114K emplr
2023$7.2M · 119 accts · $137K emplr
2022$6.2M · 131 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,983
Total administrative$22,983
The Sunset Chevrolet, Inc. 401(k) match · 2024
Employer contribution per active participant$621
Median for plans this size$1,313
2024$621 per active participant
2023$1,506 per active participant
2022$1,127 per active participant

Sunset Chevrolet, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$750
MIRACLE MILE ADVISORS · Investment advisory (participants)$23,486
DEFINITI, LLC · Contract administrator$1,825

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,983 · 0.30%
2023$40,500 · 0.60%
2022$79,491 · 1.26%
Same employer
Similar plansRetail Trade · Washington
R N R Holiday Rv Inc. WA$9.7M · 0.72%
Mid Columbia Forklift Inc WA$9.6M · 0.02%
Grizzly Industrial, Inc. WA$8.7M · 0.39%
Jollys Pharmacy, Inc. WA$7.9M · 0.49%
Netrush, LLC WA$7.8M · 0.07%
Wyze Labs, Inc WA$7.6M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910839194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.