Plan Snapshot
- Plan Sponsor: Sun Auto Tire & Service, INC.
- Sponsor EIN: 823087766
- Sponsor Address: 1201 S ALMA SCHOOL RD #14000, MESA, AZ, 85210
- Plan Type: 401(k)
- Total Participants: 4,042
- Total Assets: $54.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,042 | $54.8M | $2.2M | $6.8M |
| 2023 | 5,951 | $44.7M | $2.2M | $6.4M |
| 2022 | 3,054 | $32.0M | $1.8M | $4.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $106,171 | — | $106,171 |
| UBS FINANCIAL SERVICES INC. | Investment Advisor | $87,819 | — | $87,819 |
| ALLIANCE BENEFIT GROUP OF HOUSTON | Other Service Provider | $73,655 | — | $73,655 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $45,596 | — | $45,596 |
| FIDUCIARY WISE LLC | Other Service Provider | $22,700 | — | $22,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $335,941
- Estimated Expense Ratio: 0.613% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $254,681 | — | $254,681 | — | — |
| 2023 | $276,213 | — | $276,213 | — | — |
| 2022 | $151,339 | — | $151,339 | — | — |