Retirement plan

SUN ADVANTAGE SAVINGS AND INVESTMENT PLAN

Name: SUN LIFE FINANCIAL U.S. SERVICES COMPANY, INC. - SUN ADVANTAGE SAVINGS AND INVESTMENT PLAN (2025) Form 5500
Creator: SUN LIFE FINANCIAL U.S. SERVICES COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUN ADVANTAGE SAVINGS AND INVESTMENT PLAN, SUN LIFE FINANCIAL U.S. SERVICES COMPANY, INC.

SUN LIFE FINANCIAL U.S. SERVICES COMPANY, INC.EIN 26-3730703Plan #005PY 2025

96 WORCESTER STREET - WELLESLEY HILLS, MA 024815615781-446-1295LinkedIn1001-5000 employees

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$2050.4M

+15.3% from 2024

Total participants

8,013

-0.7% from 2024

Average account balance

$255,887

+15.5% from 2024

Annual return

16.91%

+1.58 pp from 2024

Benchmarks

See 158 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants5,000-9,999

Cohort158 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.05B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$256K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

8,013

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$107.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.91%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$170

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY11+ years Filed as: VOYA RETIREMENT ADVISORS Service code 26 · EIN 22-1862786	Advisory (Participants)	$1,146,483
VOYA RETIREMENT INSURANCE & ANNUITY11+ years Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 37 · EIN 04-3516284	Loan Processing	$212,519

Plan features & details

Pension benefit codes2E2F2G2J2K2R3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$229 / participant

Recordkeeping$169K12.5%
Investment mgmt$1M84.4%
Salaries / allowances$4K0.3%
Contract admin$28K2.1%
Other / not subdivided$11K0.8%

% of EOY assets

0.066%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DELOITTE & TOUCHE
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$255,887

$126,505+102.3%

$199,883+28.0%

$126,505+102.3%

Participation rate

100.0%

81.0%+19.0pp

86.8%+13.2pp

81.0%+19.0pp

Annual return

16.91%

14.86%+2.0pp

43.81%-26.9pp

14.86%+2.0pp

Employer contribution / active EE

$9,359

$4,041+131.6%

$6,261+49.5%

$4,041+131.6%

Participant deferral / active EE

$8,751

$6,313+38.6%

$9,138-4.2%

$6,313+38.6%

Admin fee / account holder

$170

$145+16.7%

$17,268-99.0%

$145+16.7%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY11+ years

Filed as: VOYA RETIREMENT ADVISORS

Service code 26 · EIN 22-1862786

Advisory (Participants)

$1,146,483

VOYA RETIREMENT INSURANCE & ANNUITY11+ years

Filed as: VOYA INSTITUTIONAL PLAN SERVICES

Service code 37 · EIN 04-3516284

Loan Processing

$212,519

SUN ADVANTAGE SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUN ADVANTAGE SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion