Plan Snapshot
- Plan Sponsor: Sun Automation INC.
- Sponsor EIN: 521394629
- Sponsor Address: 12201 LONG GREEN PIKE, GLEN ARM, MD, 21057
- Plan Type: 401(k)
- Total Participants: 138
- Total Assets: $16.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 138 | $16.2M | $337,609 | $1.0M |
| 2023 | 135 | $13.9M | $311,714 | $870,695 |
| 2022 | 124 | $11.5M | $273,885 | $865,473 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC. | CONSULTANT | $21,233 | — | $21,233 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC. — CONSULTANT
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,233
- Estimated Expense Ratio: 0.131% 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 | $94 | — | — | — | — |
| 2023 | $23,088 | $41,694 | — | — | — |
| 2022 | -$18,079 | — | — | — | — |