Retirement plan

SUN PACIFIC PRODUCTS, INC. 401(K) PLAN

Name: SUN PACIFIC PRODUCTS, INC. - SUN PACIFIC PRODUCTS, INC. 401(K) PLAN (2020) Form 5500
Creator: SUN PACIFIC PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUN PACIFIC PRODUCTS, INC. 401(K) PLAN, SUN PACIFIC PRODUCTS, INC.

SUN PACIFIC PRODUCTS, INC.EIN 68-0265642Plan #001PY 2020

5151 NORTH PALM AVENUE, SUITE 920 - FRESNO, CA 93704559-224-7656sunpacificprod.comLinkedIn1-10 employeesexecutive office

Prospect flagsHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$1M

+89.4% from 2018

Total participants

-33.3% from 2018

Average account balance

$501,617

+184.2% from 2018

Annual return

28.99%

+33.74 pp from 2018

Benchmarks

See 3,638 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort3,638 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.56M

Not enough data

1 years with asset history on file

Average account balance

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

$782K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+18.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3275

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$501,617

$105,960+373.4%

$81,726+513.8%

$158,982+215.5%

Participation rate

100.0%

75.6%+24.4pp

72.0%+28.0pp

82.0%+18.0pp

Annual return

28.99%

38.19%-9.2pp

29.49%-0.5pp

302.99%-274.0pp

Employer contribution / active EE

$32,850

$7,805+320.9%

$4,311+662.0%

$4,763+589.7%

Participant deferral / active EE

$13,011-100.0%

$7,108-100.0%

$5,983-100.0%

Admin fee / account holder

$8,494-100.0%

$5,160-100.0%

$11,252-100.0%

SUN PACIFIC PRODUCTS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SUN PACIFIC PRODUCTS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion