Plan Snapshot
- Plan Sponsor: Sun Pacific Shippers, L.P.
- Sponsor EIN: 770570025
- Sponsor Address: 1250 E MYER AVE, EXETER, CA, 93221
- Plan Type: DB
- Total Participants: 0
- Total Assets: $9.0M
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 | 0 | $9.0M | $103,000 | $0 |
| 2023 | 86 | $69.6M | $0 | $0 |
| 2022 | 735 | $111.0M | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $885,664 | — | $885,664 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $40,288 | — | $40,288 |
| MILLER KAPLAN ARASE LLP | Auditor | $14,500 | — | $14,500 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $10,750 | — | $10,750 |
| INDEPENDENT INSURANCE ANALYST LLC | Other Service Provider | $7,500 | — | $7,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $958,702
- Estimated Expense Ratio: 10.599% 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 | $3,425,798 | $111,195 | — | $14,500 | — |
| 2023 | $1,337,313 | $145,296 | — | — | — |
| 2022 | — | — | — | — | — |