Plan Ledger DOL Form 5500 · updated monthly

Sunshine Recyclers, Inc.401(k)

THE SUNSHINE RECYCLERS 401K PLAN · SPOKANE VALLEY, WA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Sunshine Recyclers, Inc. reported $42,416 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,450 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 0.64% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Washington (1,172nd of 1,714), and the 1,140th of 2,534 in administrative & support services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 121 to 164 since 2022.

Plan summary
Net assets, end of year$8,019,311
Participants with balances155
Active participants164
Employer contributions$237,734
Employee contributions$571,640
Employer contribution per active participant$1,450
Average account balance$51,737
Benefits paid to participants$780,746
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 155 accts · $238K emplr
2023$7.1M · 145 accts · $214K emplr
2022$5.4M · 136 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,416
Total administrative$42,416
The Sunshine Recyclers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,450
Median for plans this size$1,313
2024$1,450 per active participant
2023$1,740 per active participant
2022$1,545 per active participant

Sunshine Recyclers, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
UBS FINANCIAL SERVICES · Investment advisory (plan)$23,760
PENTEGRA SERVICES INC. · Contract administrator$12,737

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$42,416 · 0.56%
2023$35,032 · 0.56%
2022$37,952 · 0.64%
Similar plansAdministrative & Support Services · Washington
Career Path Services WA$8.8M · 0.86%
Pay Plus Benefits Inc WA$8.6M · 0.79%
Dexcare, Inc. WA$8.0M · 0.02%
Terra Staffing Group WA$7.9M · 0.15%
Hansell Tierney Inc. WA$4.5M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912014940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.