Plan Ledger DOL Form 5500 · updated monthly

The Sunshine House401(k)

THE SUNSHINE HOUSE 401(K) PROFIT SHARING PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.78%

The Sunshine House reported $29,746 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. 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 2.28% to 0.78%. 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 South Carolina (607th of 807), and 8,621st of 11,911 in health care & social assistance. active participation has grown from 738 to 1,736 since 2022.

Plan summary
Net assets, end of year$3,903,916
Participants with balances284
Active participants1,736
Employer contributions—
Employee contributions$406,301
Employer contribution per active participant—
Average account balance$13,746
Benefits paid to participants$573,634
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 284 accts
2023$3.7M · 342 accts · $3 emplr
2022$3.0M · 361 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,407
Investment management$9,339
Total administrative$29,746
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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$20,713
MERRILL LYNCH, PIERCE, F & S INC. · Investment advisory (plan)$9,033

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023ADP, John Hancock, Raymond James

This plan has changed recordkeepers within these filings. If you left The Sunshine House before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$29,746 · 0.78%
2023$45,189 · 1.35%
2022$74,591 · 2.28%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Sweetgrass Pediatrics SC$4.7M · 0.89%
The Cypress Club, Inc. SC$3.6M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571000178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.