Plan Ledger DOL Form 5500 · updated monthly

Sunshine Village401(k)

SUNSHINE VILLAGE RETIREMENT PLAN · CHICOPEE, MA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Sunshine Village reported $8,374 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,472 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 0.11% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,250th of 2,726), and 7,442nd of 11,911 in health care & social assistance. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,842,509
Participants with balances221
Active participants203
Employer contributions$298,897
Employee contributions$451,787
Employer contribution per active participant$1,472
Average account balance$26,437
Benefits paid to participants$531,711
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 221 accts · $299K emplr
2023$5.1M · 229 accts · $413K emplr
2022$4.6M · 184 accts · $164K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,374
Total administrative$8,374
The Sunshine Village 401(k) match · 2024
Employer contribution per active participant$1,472
Median for plans this size$1,313
2024$1,472 per active participant
2023$1,977 per active participant
2022$878 per active participant

Sunshine Village'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 · 20241
PASI, LLC · Contract administrator$8,140

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$8,374 · 0.15%
2023$5,165 · 0.11%
2022$4,808 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Community Servings, Inc. MA$6.1M · 0.02%
New England Village, Inc. MA$5.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 046190469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.