Plan Snapshot
- Plan Sponsor: Sun Fiber, LLC
- Sponsor EIN: 900997916
- Sponsor Address: 1247 FREDERIC DRIVE, RICHBURG, SC, 29729
- Plan Type: 401(k)
- Total Participants: 164
- Total Assets: $2.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 164 | $2.4M | $111,761 | $306,705 |
| 2023 | 182 | $2.0M | $122,632 | $270,500 |
| 2022 | 157 | $1.4M | $103,686 | $259,815 |
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 |
|---|---|---|---|---|
| SCHLAUPITZ MADHAVAN, P.C | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $48,707 | — | $9,927 | — | — |
| 2023 | $34,867 | $28,187 | $6,680 | — | — |
| 2022 | $26,486 | — | $26,486 | — | — |