Plan Ledger DOL Form 5500 · updated monthly

Sunset Retirement Communities, Inc.403(b)

SUNSET RETIREMENT COMMUNITIES, INC. SAVINGS AND RETIREMENT PLAN · TOLEDO, OH · plan year 2022

Reported admin expense ratio · 2022
0.48%

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

Sunset Retirement Communities, Inc. reported $31,963 in plan administrative expenses for 2022: 0.48% of average plan assets, below the peer median. Employer contributions averaged $697 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 0.48% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,408th of 3,295), and 7,295th of 11,911 in health care & social assistance. In 2022, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,103,170
Participants with balances294
Active participants296
Employer contributions$206,240
Employee contributions$256,517
Employer contribution per active participant$697
Average account balance$20,759
Benefits paid to participants$613,167
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 227 accts · $188K emplr
2023$5.8M · 287 accts · $207K emplr
2022$6.1M · 294 accts · $206K emplr
Employer contributions to the Sunset Retirement Communities, Inc. plan · 2022
Employer contribution per active participant$697
Median for plans this size$1,114
2023$663 per active participant
2022$697 per active participant

Sunset Retirement Communities, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. 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 history3
2024$38,082 · 0.97%
2023$35,877 · 0.60%
2022$31,963 · 0.48%
Similar plansHealth Care & Social Assistance · Ohio
PLC Employee II LLC. OH$6.3M · 0.73%
Gentlebrook OH$6.2M · 0.06%
Alvis, Inc. OH$6.2M · 1.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344428230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.