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Original filing (PDF)20251011142322NAL0005152275001
SUNSTATES SECURITY, LLC
Form 5500
FILING_RECEIVED
SUNSTATES SECURITY RETIREMENT SAVINGS PLAN
401(k) retirement plan
Signals · 1
~105 bps in Sched C fees
Active participants
3,822
Accounts w/ balance
585
Plan assets (EOY)
$6.8M
Net assets (EOY)
$6.8M
How this plan invests
This plan
22 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
65
Knocking points off
- 105 bps in Schedule C fees — 102% above peer band of 52 bps.
- Only 15% as many balances as active participants — suggests many active employees aren't deferring.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SUNSTATES SECURITY, LLC.
Plan sponsor
Name
SUNSTATES SECURITY, LLC
EIN
56-2053968
Address
801 CORPORATE CENTER DRIVE · SUITE 300 · RALEIGH, NC · 27607
Phone
(919) 395-6445
Industry
Admin Support & Waste Mgmtsee all
Plan administrator
Name
FUTUREPLAN FIDUCIARY SERVICES LLC
EIN
82-3719843
City
BOSTON, MA
Phone
(855) 711-5283
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-11
Pension benefit codes
2E · Profit-sharing
2J · 401(k) feature
2K · 401(m) arrangement
2F · ERISA section 404(c)
2G · Total participant-directed accounts
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
PLANTE & MORAN, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INS CO | — | GREENWOOD VILLAGE, CO | RECORD KEEPER | $26K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MMA SECURITIES LLC | — | NEW YORK, NY | INVESTMENT ADVISOR | $14K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ASCENSUS HOLDINGS,INC DBA FUTUREPLA | — | DRESHER, PA | CONTRACT ADMIN | $24K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $8K | — |
Investments
22 direct securities· $6.8M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index | — | — | — | $1.0M | 14.8% | |
| JPMorgan Smartretirement Blend 2030 R6 | — | — | — | $947K | 13.9% | |
| JPMorgan Smartretirement Blend 2040 R6 | — | — | — | $794K | 11.7% | |
| Empower Trust Company, LLC Common/collective trust fund - AB US Large Cap Growth Cit Fee Class M | — | — | — | $449K | 6.6% | |
| Fidelity Total International Index | — | — | — | $415K | 6.1% | |
| JPMorgan Smartretirement Blend 2025 R6 | — | — | — | $402K | 5.9% | |
| JPMorgan Smartretirement Blend 2050 R6 | — | — | — | $366K | 5.4% | |
| Empower Trust Company, LLC Investment contract - Guaranteed Interest Fund | — | — | — | $328K | 4.8% | |
| JPMorgan Smartretirement Blend 2035 R6 | — | — | — | $325K | 4.8% | |
| PGIM Total Return Bond R6 | — | — | — | $265K | 3.9% | |
| JPMorgan Smartretirement Blend 2045 R6 | — | — | — | $254K | 3.7% | |
| JPMorgan Smartretirement Blend 2060 R6 | — | — | — | $213K | 3.1% | |
| Fidelity Mid Cap Index | — | — | — | $185K | 2.7% | |
| JPMorgan Smartretirement Blend 2055 R6 | — | — | — | $158K | 2.3% | |
| Participants Participant notes receivable bearing interest at rates from 4.25 to 9.50 percent - | — | — | — | $157K | 2.3% | |
| Empower Trust Company, LLC American Funds Europacific Gr R6 | — | — | — | $148K | 2.2% | |
| Fidelity Small Cap Index | — | — | — | $109K | 1.6% | |
| JPMorgan Smartretirement Blend 2020 R6 | — | — | — | $82K | 1.2% | |
| Janus Henderson Triton N | — | — | — | $70K | 1.0% | |
| DFA US Targeted Value I | — | — | — | $64K | 0.9% | |
| JPMorgan Equity Income R6 | — | — | — | $52K | 0.8% | |
| JPMorgan Smartretirement Blend Inc R6 | — | — | — | $21K | 0.3% |
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