Plan Snapshot
- Plan Sponsor: Sunrise Management Group, INC.
- Sponsor EIN: 812458360
- Sponsor Address: 5701 SUNTECH DRIVE, OCEAN SPRINGS, MS, 39564
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $3.9M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 144 | $3.9M | $201,749 | $329,947 |
| 2023 | 146 | $3.1M | $189,743 | $323,678 |
| 2022 | 126 | $2.3M | $186,905 | $332,945 |
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 |
|---|---|---|---|---|
| REGIONS BANK DBA REGIONS TRUST | INVESTMENT ADVISOR | $15,798 | — | $15,798 |
| WATKINS, WARD AND STAFFORD, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WATKINS, WARD AND STAFFORD, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,798
- Estimated Expense Ratio: 0.405% 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 | $20,062 | — | $20,062 | — | — |
| 2023 | $16,191 | — | $16,191 | — | — |
| 2022 | $10,804 | — | $10,804 | — | — |