Plan Ledger DOL Form 5500 · updated monthly

Sunshine Ace Hardware, Inc.401(k)

SUNSHINE ACE HARDWARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST · BONITA SPRINGS, FL · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Sunshine Ace Hardware, Inc. reported $78,516 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,161 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 0.72% to 0.43%. 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 1,153rd-largest of 3,644 plans among Florida employers on file, and the 1,525th of 5,215 in retail trade. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,091,058
Participants with balances317
Active participants511
Employer contributions$593,102
Employee contributions$888,665
Employer contribution per active participant$1,161
Average account balance$60,224
Benefits paid to participants$1,626,058
Plan auditUnmodified (clean) audit opinion
AuditorKABAT, SCHERTZER, DE LA TORRE, TARA
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 317 accts · $593K emplr
2023$17.4M · 323 accts · $553K emplr
2022$15.3M · 324 accts · $531K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,416
Total administrative$78,516
The Sunshine Ace Hardware, Inc. 401(k) match · 2024
Employer contribution per active participant$1,161
Median for plans this size$2,416
2024$1,161 per active participant
2023$1,088 per active participant
2022$1,041 per active participant

Sunshine Ace Hardware, 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 · 20243
NAPLES ASSET MGMT COMPANY, LLC · Investment advisory (plan)$38,978
THE AIMPOINT GROUP, LLC · Contract administrator$21,419

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$78,516 · 0.43%
2023$65,586 · 0.40%
2022$114,359 · 0.72%
Same employer
Similar plansRetail Trade · Florida
Tom Bush Volkswagen Inc FL$19.0M · 0.26%
Galati Yacht Sales, LLC FL$19.0M · 0.39%
A Beka Book, Inc. FL$18.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200201457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.