Plan Ledger DOL Form 5500 · updated monthly

Sunshine Terrace Foundation, Inc401(k)

SUNSHINE TERRACE FOUNDATION, INC RETIREMENT PLAN · LOGAN, UT · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Sunshine Terrace Foundation, Inc reported $410 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $521 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 $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 Utah (721st of 848), and 9,601st of 11,911 in health care & social assistance. In 2022, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,547,170
Participants with balances80
Active participants123
Employer contributions$64,038
Employee contributions$110,624
Employer contribution per active participant$521
Average account balance$31,840
Benefits paid to participants$4,130
Plan auditUnmodified (clean) audit opinion
AuditorJONES SIMKINS LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$410
Total administrative$410
The Sunshine Terrace Foundation, Inc 401(k) match · 2022
Employer contribution per active participant$521
Median for plans this size$1,114

Sunshine Terrace Foundation, Inc's 2022 employer contribution ran below the $1,114 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$410 · 0.02%
Similar plansHealth Care & Social Assistance · Utah
Ffp Management, LLC UT$3.4M · 0.88%
Blue Mountain Hospital UT$3.0M · 1.00%
Wellquest Living, LLC UT$2.2M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870208619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.