Sunland Construction, Inc. Profit Sharing 401(K) Plan — Form 5500 plan (Sunland Construction, 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, Sunland Construction, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Sunland Construction, Inc. under EIN 72-0751401 and plan number 001. The latest loaded filing year is 2023. The filing reports 677 participants and $50,567,333 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$50.6MPlan net assets, end of year$50,567,333
Participants677Covered participants reported
Assets / participant$74.7KComputed: assets ÷ participants$74,693 (computed)
Provider compensation$47K2 Schedule C provider row(s)$47,012
- Plan sponsor
- Sunland Construction, Inc.
- EIN
- 72-0751401
- Plan number
- 001
- Plan type
- 2
- Location
- Eunice, LA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 677 | H, C | 20240919135541NAL0003595923001 |
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)$50.6M total assets
Net assets$50.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $50,567,333
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,567,333
- Net assets (BOY)
- $43,570,432
Income & contributions
- Employer contributions
- $444,595
- Participant contributions
- $3,012,670
- Total contributions
- $3,465,359
- Total income / additions
- $11,428,071
Expenses & distributions
- Benefits paid
- $4,185,474
- Administrative expenses
- $47,012
- Total expenses
- $4,431,170
- Net increase / (decrease)
- $6,996,901
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.
13%87%
Employer 13%Participant 87%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wells Fargo Clearing Services LLC | ADVISOR | $53,019 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$6,007 | $0 | 2023 |