Plan Ledger DOL Form 5500 · updated monthly

Sunset Food Mart, Inc.401(k)

SUNSET FOOD MART, INC. 401(K) RETIREMENT PLAN · HIGHLAND PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Sunset Food Mart, Inc. reported $2,100 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $821 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 0.05% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,744th-largest of 3,702 plans among Illinois employers on file, and the 1,550th of 5,215 in retail trade. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 459 to 505 since 2022.

Plan summary
Net assets, end of year$18,848,239
Participants with balances482
Active participants505
Employer contributions$414,850
Employee contributions$829,772
Employer contribution per active participant$821
Average account balance$39,104
Benefits paid to participants$2,317,172
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 482 accts · $415K emplr
2023$18.3M · 484 accts · $378K emplr
2022$16.6M · 496 accts · $387K emplr
The Sunset Food Mart, Inc. 401(k) match · 2024
Employer contribution per active participant$821
Median for plans this size$2,416
2024$821 per active participant
2023$721 per active participant
2022$842 per active participant

Sunset Food Mart, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$2,100 · 0.01%
2023$2,400 · 0.01%
2022$8,535 · 0.05%
Same employer
Similar plansRetail Trade · Illinois
Europa Eyewear Corporation IL$19.2M · 0.01%
Universal Pool Company, Inc IL$19.1M · 0.27%
Winston Brands, Inc. IL$18.6M · 0.63%
Loeber Motors, Inc. IL$18.4M · 0.14%
Heller Ford Sales, Inc. IL$18.0M · 0.49%
Coffman Truck Sales, Inc. IL$18.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362078882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.