Plan Snapshot
- Plan Sponsor: Sunright America, INC.
- Sponsor EIN: 371429850
- Sponsor Address: 6205 S INTERNATIONAL DRIVE, COLUMBUS, IN, 47201
- Plan Type: 401(k)
- Total Participants: 194
- Total Assets: $5.1M
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 | 194 | $5.1M | $362,511 | $455,738 |
| 2023 | 182 | $4.1M | $330,067 | $403,263 |
| 2022 | 169 | $3.0M | $315,986 | $381,572 |
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 |
|---|---|---|---|---|
| FIRST FINANCIAL BANK, N.A. | Other Service Provider | $21,909 | — | $21,909 |
| AMERICAN PENSION BENEFITS | Other Service Provider | $9,328 | — | $9,328 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,237
- Estimated Expense Ratio: 0.612% 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 | $33,540 | $21,909 | $9,328 | — | — |
| 2023 | $28,259 | $19,019 | $7,517 | — | — |
| 2022 | $25,398 | $16,886 | $7,100 | — | — |