Plan Snapshot
- Plan Sponsor: Sun Chemical Corporation
- Sponsor EIN: 222761297
- Sponsor Address: 35 WATERVIEW BOULEVARD, PARSIPPANY, NJ, 070541200
- Plan Type: DB
- Total Participants: 670
- Total Assets: $316.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 670 | $316.3M | $8.0M | $0 |
| 2023 | 736 | $325.9M | $8.0M | $0 |
| 2022 | 737 | $321.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| JP MORGAN | Custodian / Trustee | $2,665,303 | — | $2,665,303 |
| ALIGHT | Recordkeeper | $265,624 | — | $265,624 |
| AON | Actuary | $75,542 | — | $75,542 |
| BELLWETHER | Investment Advisor | $25,118 | — | $25,118 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,031,587
- Estimated Expense Ratio: 0.959% 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 | $5,279,049 | $2,020,251 | — | — | — |
| 2023 | $7,012,631 | $2,681,330 | — | — | — |
| 2022 | $2,749,332 | $789,927 | — | — | $485,521 |