Retirement plan

EMPLOYEE BENEFIT PLAN OF SUNRISEARC, INC.

Name: SUNRISEARC, INC. - EMPLOYEE BENEFIT PLAN OF SUNRISEARC, INC. (2019) Form 5500
Creator: SUNRISEARC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SUNRISEARC, INC., SUNRISEARC, INC.

SUNRISEARC, INC.EIN 59-1930274Plan #001PY 2019

35201 RADIO RD - LEESBURG, FL 347883148352-787-3079

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$639K

+20.9% from 2018

Total participants

+2.3% from 2018

Average account balance

$16,374

+33.3% from 2018

Annual return

15.69%

+21.41 pp from 2018

Benchmarks

See 8,602 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,602 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.17M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

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.

55.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$133K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2079

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2T3D

Plan features

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$61K

$1848 / participant

Other / not subdivided$61K100.0%

% of EOY assets

9.550%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,374

$54,757-70.1%

$90,300-81.9%

$72,983-77.6%

Participation rate

81.8%

65.1%+16.7pp

73.3%+8.5pp

69.5%+12.3pp

Annual return

15.69%

30.63%-14.9pp

78.11%-62.4pp

81.01%-65.3pp

Employer contribution / active EE

$1,047

$2,092-50.0%

$2,854-63.3%

$2,440-57.1%

Participant deferral / active EE

$1,593

$2,887-44.8%

$3,884-59.0%

$3,608-55.9%

Admin fee / account holder

$1,564

$3,972-60.6%

$5,353-70.8%

$5,124-69.5%

EMPLOYEE BENEFIT PLAN OF SUNRISEARC, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SUNRISEARC, INC.

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