Plan Ledger DOL Form 5500 · updated monthly

Sunset Management, Inc.401(k)

SUNSET FINANCE 401(K) PLAN · SENECA, SC · plan year 2022

Reported admin expense ratio · 2022
1.30%

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

Sunset Management, Inc. reported $3,744 in plan administrative expenses for 2022: 1.30% of average plan assets, above the peer median. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in South Carolina (791st of 807), and 4,767th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$275,573
Participants with balances27
Active participants106
Employer contributions$0
Employee contributions$63,376
Employer contribution per active participant$0
Average account balance$10,206
Benefits paid to participants$54,016
Plan auditDisclaimer of opinion
AuditorKENNETH M. O'CONNELL, CPA
Administrative expenses, itemized · 2022
Professional / advisory$3,744
Total administrative$3,744
The Sunset Management, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Sunset Management, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,744 · 1.30%
Same employer
Similar plansFinance & Insurance · South Carolina
Lima One Capital, LLC SC$5.6M · 0.97%
Credit Central, LLC SC$4.1M · 0.77%
Accessone Medcard, Inc. SC$3.7M · 0.65%
Yellow Cab Holdings, LLC NY$317K · 1.49%
Taso Group LLC FL$304K · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272247340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.