Plan Snapshot
- Plan Sponsor: Sun Motor Cars, INC.
- Sponsor EIN: 232227302
- Sponsor Address: 6677 CARLISLE PIKE, MECHANICSBURG, PA, 170501707
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 153
- Total Assets: $1.2M
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 | 153 | $1.2M | $2.0M | $326,095 |
| 2023 | 146 | $766,396 | $1.6M | $306,534 |
| 2022 | 59 | $838,880 | $2.4M | $523,889 |
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 |
|---|---|---|---|---|
| MCCONKEY BENEFITS & FINANCIAL SERV | Investment Advisor | $51,277 | — | $51,277 |
| BENEFITMALL | Other Service Provider | $10,483 | — | $10,483 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,760
- Estimated Expense Ratio: 5.192% 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 | $527,030 | — | $10,653 | — | — |
| 2023 | $528,246 | — | $75,128 | — | — |
| 2022 | $709,480 | — | $119,356 | — | — |