Plan Snapshot
- Plan Sponsor: Sunshine Ace Hardware, INC.
- Sponsor EIN: 200201457
- Sponsor Address: 9148 BONITA BEACH ROAD, UNIT 207, BONITA SPRINGS, FL, 34135
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 511
- Total Assets: $19.4M
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 | 511 | $19.4M | $593,102 | $888,665 |
| 2023 | 508 | $17.6M | $552,565 | $828,168 |
| 2022 | 510 | $15.4M | $530,735 | $782,631 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $59,339 | — | $59,339 |
| NAPLES ASSET MGMT COMPANY, LLC | Investment Advisor | $38,978 | — | $38,978 |
| THE AIMPOINT GROUP, LLC | Recordkeeper | $21,419 | — | $21,419 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,736
- Estimated Expense Ratio: 0.617% 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 | $78,516 | — | — | — | — |
| 2023 | $65,586 | — | — | — | — |
| 2022 | $114,359 | $35,515 | $8,698 | — | $68,646 |