Plan Ledger DOL Form 5500 · updated monthly

Sunset Development Company401(k)

SUNSET DEVELOPMENT 401(K) PLAN · SAN RAMON, CA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Sunset Development Company reported $109,028 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,708 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 rose from 0.28% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 3,707th-largest of 9,483 plans among California employers on file, and the 686th of 2,096 in real estate & leasing. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has shrunk from 110 to 99 since 2022.

Plan summary
Net assets, end of year$19,458,429
Participants with balances128
Active participants99
Employer contributions$466,058
Employee contributions$1,057,951
Employer contribution per active participant$4,708
Average account balance$152,019
Benefits paid to participants$3,353,519
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 128 accts · $466K emplr
2023$18.8M · 138 accts · $495K emplr
2022$14.7M · 136 accts · $476K emplr
Administrative expenses, itemized · 2024
Investment management$109,028
Total administrative$109,028
The Sunset Development Company 401(k) match · 2024
Employer contribution per active participant$4,708
Median for plans this size$2,416
2024$4,708 per active participant
2023$4,457 per active participant
2022$4,329 per active participant

Sunset Development Company's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$72,500
EMPOWER ADVISORY GROUP, LLC · Investment management$36,528

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$109,028 · 0.57%
2023$41,571 · 0.25%
2022$46,437 · 0.28%
Same employer
Similar plansReal Estate & Leasing · California
The Ezralow Company, LLC CA$19.7M · 0.03%
Meyer Properties CA$19.7M · 0.07%
Fairsquare, Inc. CA$19.4M · 0.59%
Cai International, Inc. CA$18.2M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941439557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.