Plan Ledger DOL Form 5500 · updated monthly

Sunshine, Sachs & Associates401(k)

SUNSHINE, SACHS & ASSOCIATES PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Sunshine, Sachs & Associates reported $96,781 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,045 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 0.35% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,651st-largest of 5,648 plans among New York employers on file, and 5,868th of 11,654 in professional & technical services. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,293,330
Participants with balances335
Active participants224
Employer contributions$682,031
Employee contributions$1,305,952
Employer contribution per active participant$3,045
Average account balance$54,607
Benefits paid to participants$684,099
Plan auditUnmodified (clean) audit opinion
AuditorGORFINE SCHILLER & GARDYN P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 335 accts · $682K emplr
2023$14.1M · 308 accts · $675K emplr
2022$10.9M · 376 accts · $515K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,781
Total administrative$96,781
The Sunshine, Sachs & Associates 401(k) match · 2024
Employer contribution per active participant$3,045
Median for plans this size$2,416
2024$3,045 per active participant
2023$3,012 per active participant
2022$2,102 per active participant

Sunshine, Sachs & Associates's 2024 employer contribution ran above the $2,416 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 INC · Investment advisory (plan)$49,162
ARNOLD WARSHAVCHIK · Contract administratorindirect comp

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$96,781 · 0.60%
2023$66,222 · 0.53%
2022$42,904 · 0.35%
Same employer
Similar plansProfessional & Technical Services · New York
The Metro Group, Inc. NY$18.5M · 0.13%
Third Bridge NY$18.4M · 0.83%
Suzy, Inc. NY$18.0M · 0.57%
Milrose Consultants, LLC NY$17.9M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208847482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.