Plan Snapshot
- Plan Sponsor: Sun Mechanical Contracting, INC.
- Sponsor EIN: 860362106
- Sponsor Address: 3951 E COLUMBIA ST, TUCSON, AZ, 857142155
- Plan Type: 401(k)
- Total Participants: 409
- Total Assets: $9.8M
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 | 409 | $9.8M | $443,651 | $853,245 |
| 2023 | 248 | $9.4M | $383,929 | $725,518 |
| 2022 | 279 | $7.7M | $364,662 | $702,484 |
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 |
|---|---|---|---|---|
| WELLSPRING FINANCIAL PARTNERS | ADVISOR | $34,656 | — | $34,656 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $19,985 | — | $19,985 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,641
- Estimated Expense Ratio: 0.557% 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 | $54,641 | $34,656 | — | — | — |
| 2023 | $53,610 | $32,016 | — | — | — |
| 2022 | $59,918 | — | — | — | — |