Sunrise Credit Services, Inc. 401(K) Plan — Form 5500 plan (Sunrise Credit Services, Inc.)
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, Sunrise Credit Services, Inc. 401(K) Plan is a benefit plan reported by Sunrise Credit Services, Inc. under EIN 11-2369271 and plan number 002. The latest loaded filing year is 2023. The filing reports 268 participants and $12,005,081 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$12MPlan net assets, end of year$11,956,931
Participants268Covered participants reported
Assets / participant$44.8KComputed: assets ÷ participants$44,795 (computed)
Provider compensation$28.6K3 Schedule C provider row(s)$28,635
- Plan sponsor
- Sunrise Credit Services, Inc.
- EIN
- 11-2369271
- Plan number
- 002
- Plan type
- 2
- Location
- Melville, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 268 | H, C | 20241015214340NAL0049883648001 |
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)$12M total assets
Net assets$12MLiabilities$48.1K
Full reported line items
Net assets
- Total assets (EOY)
- $12,005,081
- Total liabilities (EOY)
- $48,150
- Net assets (EOY)
- $11,956,931
- Net assets (BOY)
- $10,262,832
Income & contributions
- Employer contributions
- $29,398
- Participant contributions
- $435,331
- Total contributions
- $464,729
- Total income / additions
- $2,291,205
Expenses & distributions
- Benefits paid
- $553,949
- Administrative expenses
- $28,636
- Total expenses
- $597,106
- Net increase / (decrease)
- $1,694,099
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.
94%
Employer 6%Participant 94%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Kingsview Asset Management, LLC | INVESTMENT/FINANCIAL ADVI | $26,011 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $2,624 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |