Sun Pacific 401(K) Retirement Savings Plan — Form 5500 plan (Sun Pacific Shippers, Lp)
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, Sun Pacific 401(K) Retirement Savings Plan is a benefit plan reported by Sun Pacific Shippers, Lp under EIN 77-0570025 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,764 participants and $18,068,360 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$18.1MPlan net assets, end of year$18,068,360
Participants1.8KCovered participants reported1,764
Assets / participant$10.2KComputed: assets ÷ participants$10,243 (computed)
Provider compensation$76.8K2 Schedule C provider row(s)$76,786
- Plan sponsor
- Sun Pacific Shippers, Lp
- EIN
- 77-0570025
- Plan number
- 001
- Plan type
- 2
- Location
- Pasadena, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,764 | H, C | 20241014084622NAL0026845761001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$18.1M total assets
Net assets$18.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $18,068,360
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,068,360
- Net assets (BOY)
- $13,206,330
Income & contributions
- Employer contributions
- $2,531,055
- Participant contributions
- $1,031,896
- Total contributions
- $3,916,694
- Total income / additions
- $6,308,653
Expenses & distributions
- Benefits paid
- $1,300,274
- Administrative expenses
- $68,787
- Total expenses
- $1,446,623
- Net increase / (decrease)
- $4,862,030
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
71%29%
Employer 71%Participant 29%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income21%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $68,786 | $0 | 2023 |
| M. Green And Company Llp | ACCOUNTANT | $8,000 | not reported in the loaded dataset | 2023 |