Sun Country, Inc. 401(k) Review & Grade
Sun Country, Inc. 401(k) Profit Sharing Plan
Minneapolis, MNTransportation & Warehousing2,956 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$7,456Employer $ per active participant
$5,874Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$246.8MNet plan assets, end of year
$103,324Average balance per account
Score breakdown
- Employer generosity44.7 / 5089th percentile for employer $ per participant
- Low cost13.9 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving10.2 / 1568th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 56th |
| Employee saving | 68th |
| Peers that auto-enroll | 46% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Sun Country put in about $7,456 per active participant, more than the typical peer ($1,834). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $22,041,022 |
| Participant (employee) contributions | $17,364,038 |
| Other contributions (incl. rollovers in) | $1,666,459 |
| Administrative expenses paid from the plan | $231,586 |
| Investment advisory & management fees | $73,353 |
| Benefits paid out | $14,209,996 |
| Net assets, start / end of year | $189.9M / $246.8M |
| Active participants, start / end of year | 2,705 / 3,207 |
| Participants with account balances | 2,389 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Olsen Thielen & Co., LTD. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $158,787 reported compensation |
| Strategic Advisors, Inc. | $73,353 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009145407NAL0006759217001, received 2025-10-09, EIN 35-2159124, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.