Retirement Plan For Employees Of Sun Pacific Shippers, L.P. — Form 5500 plan (Sun Pacific Shippers, L.P.)
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, Retirement Plan For Employees Of Sun Pacific Shippers, L.P. is a benefit plan reported by Sun Pacific Shippers, L.P. under EIN 77-0570025 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,844 participants and $69,550,565 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$69.6MPlan net assets, end of year$69,550,565
Participants2.8KCovered participants reported2,844
Assets / participant$24.5KComputed: assets ÷ participants$24,455 (computed)
Provider compensation$1.3M4 Schedule C provider row(s)$1,337,314
- Plan sponsor
- Sun Pacific Shippers, L.P.
- EIN
- 77-0570025
- Plan number
- 002
- Plan type
- 3
- Location
- Exeter, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,844 | H, C | 20241014185503NAL0013760307001 |
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)$69.6M total assets
Net assets$69.6MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $69,550,565
- Net assets (EOY)
- $69,550,565
- Net assets (BOY)
- $111,010,498
Income & contributions
- Total income / additions
- $11,554,018
Expenses & distributions
- Benefits paid
- $51,676,638
- Administrative expenses
- $1,337,313
- Total expenses
- $53,013,951
- Net increase / (decrease)
- -$41,459,933
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.
Total expenses ÷ net assets76%Computed ratio
Benefits paid ÷ total income447%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $1,128,126 | not reported in the loaded dataset | 2023 |
| The Northern Trust Company | NONE | $149,370 | not reported in the loaded dataset | 2023 |
| Capital Bank And Trust Company | NONE | $37,930 | not reported in the loaded dataset | 2023 |
| The Bank Of New York Mellon | NONE | $21,888 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sun Pacific Shippers, L.P.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Exeter, CA
- Willis Towers Watson Us LLC — Schedule C compensation
- The Northern Trust Company — Schedule C compensation
- Capital Bank And Trust Company — Schedule C compensation
- The Bank Of New York Mellon — Schedule C compensation