Sun Pacific Shippers 401(k) match, vesting and fees
What Sun Pacific Shippers' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | M. Green and Company LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 54 defined-contribution plans in agriculture, forestry, fishing and hunting with 1,000 to 4,999 participants.
| Sun Pacific Shippers: employer contribution per participant | $1,686 | |
| Peer median | $1,612 |
| Sun Pacific Shippers: average balance | $15,877 | |
| Peer median | $55,989 |
| Sun Pacific Shippers: admin expenses ÷ assets | 0.30% | |
| Peer median | 0.27% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $13M at the end of plan year 2021 to $26M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,653 | $26M | $2.8M | $1,686 | 0.30% | Not published | Form 5500 ↗ |
| 2023 | 1,626 | $18.1M | $2.5M | $1,599 | 0.44% | Not published | Form 5500 ↗ |
| 2022 | 1,751 | $13.2M | $2.2M | $1,252 | 0.53% | Not published | Form 5500 ↗ |
| 2021 | 1,857 | $13M | $2.4M | $1,362 | 0.41% | Not published | Form 5500 ↗ |
Other Sun Pacific Shippers plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Retirement Plan for Employees of Sun Pacific Shippers, L.P.
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Miller Kaplan Arase LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Sun Pacific Shippers match 401(k) contributions?
The match terms for the Sun Pacific 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $2.8M in employer contributions, about $1,686 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sun Pacific Shippers 401(k) match vested?
The vesting schedule for the Sun Pacific 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sun Pacific Shippers 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Sun Pacific Shippers, LP.
I left Sun Pacific Shippers. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sun Pacific Shippers, LP, (213) 627-9544) or the recordkeeper, Principal Life Insurance Company. The Sun Pacific Shippers old 401(k) page lists the contacts from every plan filing. Find an old Sun Pacific Shippers 401(k)
Data from the public Form 5500 annual reports Sun Pacific Shippers filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Sun Pacific Shippers. Not financial advice. Report a correction · Methodology