Plan Snapshot
- Plan Sponsor: Sunland Employee Leasing, LLC
- Sponsor EIN: 454847242
- Sponsor Address: 801 BROAD ST STE 200, CHATTANOOGA, TN, 374022631
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 476
- Total Assets: $3.8M
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. |
|---|---|---|---|---|
| 2025 | 476 | $3.8M | $0 | $0 |
| 2024 | 392 | $2.9M | $95,782 | $298,179 |
| 2023 | 437 | $3.6M | $253,963 | $402,651 |
| 2022 | 503 | $2.2M | $95,413 | $326,989 |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS, INC | Other Service Provider | $12,294 | — | $12,294 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,294
- Estimated Expense Ratio: 0.326% 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 |
|---|---|---|---|---|---|
| 2025 | $474,598 | — | — | — | — |
| 2024 | $25,430 | — | — | — | — |
| 2023 | $7,289 | — | — | — | — |
| 2022 | $11,688 | — | — | — | — |