Plan Ledger DOL Form 5500 · updated monthly

Sunstate Carriers, Inc.401(k)

SUNSTATE CARRIERS, INC. 401(K) PLAN · TAVARES, FL · plan year 2022

Reported admin expense ratio · 2022
0.69%

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

Sunstate Carriers, Inc. reported $10,443 in plan administrative expenses for 2022: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,098 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 transportation & warehousing employers. By assets it is among the smaller plans on file in Florida (3,257th of 3,644), and 2,219th of 2,677 in transportation & warehousing. In 2022, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,421,735
Participants with balances56
Active participants95
Employer contributions$104,303
Employee contributions$175,076
Employer contribution per active participant$1,098
Average account balance$25,388
Benefits paid to participants$142,810
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,443
Total administrative$10,443
The Sunstate Carriers, Inc. 401(k) match · 2022
Employer contribution per active participant$1,098
Median for plans this size$1,114

Sunstate Carriers, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$10,443 · 0.69%
Same employer
Similar plansTransportation & Warehousing · Florida
Ralph'Stransfer Co., Inc FL$2.1M · 0.14%
Prp Logistics LLC FL$2.0M · 1.48%
Cwi Logistics Inc. FL$1.6M · 0.05%
Milum Express, LLC FL$1.4M · 0.43%
Aviation Inflatables, LLC FL$1.2M · 0.13%
Transpremier LLC FL$947K · 1.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 593711044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.