Sunmed LLC 401(K) Plan — Form 5500 plan (Sunmed LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Sunmed LLC 401(K) Plan is a benefit plan reported by Sunmed LLC under EIN 26-3700043 and plan number 001. The latest loaded filing year is 2023. The filing reports 479 participants and $30,368,532 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sunmed LLC
- EIN
- 26-3700043
- Plan number
- 001
- Plan type
- 2
- Location
- Grand Rapids, MI
- Latest filing year
- 2023
- Participants
- 479
- End-of-year plan assets
- $30,368,532
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 479 | H, C | 20241009093456NAL0010484851001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,368,532
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,368,532
- Net assets (BOY)
- $17,704,185
Income & contributions
- Employer contributions
- $1,260,516
- Participant contributions
- $2,610,663
- Total contributions
- $12,195,162
- Total income / additions
- $15,885,921
Expenses & distributions
- Benefits paid
- $3,145,736
- Administrative expenses
- $75,838
- Total expenses
- $3,221,574
- Net increase / (decrease)
- $12,664,347
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $40,731 | $0 | 2023 |
| Sageview Advisors | RETAINED BY PLAN SPONSOR | $23,236 | not reported in the loaded dataset | 2023 |
| Robert W. Baird & Co., Inc. | RETAINED BY PLAN SPONSOR | $11,870 | not reported in the loaded dataset | 2023 |