Sunset Automotive Group 401(k) Plan: Login, Facts & Contact Information

Sunset Automotive Group 401(k) Plan Facts

Plan name
SUNSET AUTOMOTIVE GROUP 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SUNSET AUTOMOTIVE GROUP
Participants
674 (520 active employees)
Former employees with a balance
75
Plan assets
$36,396,984 at Dec 31, 2024
Average account balance
$83,098 across 438 accounts
Employer contributions
$175,985 in plan year 2024 (6% of all contributions)
Recordkeeper
Alerus Financial
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Nov 1, 1986
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.80 million went into the plan in contributions, $175,985 of it from the employer (6%).
  • $3.43 million was paid out to participants.
  • Investment and other income added $4.23 million.
  • Administrative expenses were $73,125, about $167 per account.

How the Sunset Automotive Group 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019921$29.8 million$181,188$3.68 million
2020800$35.3 million—$1.60 million
2021729$38.3 million—$6.46 million
2022728$29.4 million$173,095$4.14 million
2023591$32.7 million$176,767$4.12 million
2024674$36.4 million$175,985$3.43 million

Sunset Automotive Group 401(k) Contact Information

Phone
941-923-1700
Mailing address
5005 SOUTH TAMIAMI TRAIL, SARASOTA FL 34231
Plan sponsor
SUNSET AUTOMOTIVE GROUP
Employer identification number (EIN)
59-1947185
Plan number
001

Questions about the Sunset Automotive Group 401(k)

Does Sunset Automotive Group contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $175,985, 6% of all contributions.

Does the Sunset Automotive Group 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Sunset Automotive Group 401(k) plan?

674 participants at the start of plan year 2024, 520 of them active employees, and 75 former employees who still had money in the plan.

What is the average 401(k) balance at Sunset Automotive Group?

About $83,098 per account: $36.4 million in plan assets across 438 accounts with a balance at the end of plan year 2024.

Who manages the Sunset Automotive Group 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Sunset Automotive Group. How do I access my 401(k)?

Your account stays with Alerus after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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