Plan Snapshot
- Plan Sponsor: Onsolve, LLC
- Sponsor EIN: 593579383
- Sponsor Address: 780 WEST GRANADA BLVD SUITE 200, ORMOND BEACH, FL, 32174
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 461
- Total Assets: $995,775
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 461 | $995,775 | $0 | $0 |
| 2024 | 233 | $31.0M | $1.2M | $2.6M |
| 2023 | 282 | $28.3M | $1.2M | $2.8M |
| 2022 | 307 | $22.1M | $1.3M | $2.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $500,460 | — | $500,460 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | Investment Advisor | $31,044 | — | $31,044 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $10,193 | — | $10,193 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $541,697
- Estimated Expense Ratio: 54.400% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $3,118,989 | $41,237 | — | — | — |
| 2024 | $153,493 | $89,692 | — | — | — |
| 2023 | $127,520 | $71,768 | — | — | — |
| 2022 | $124,853 | $65,420 | $59,433 | — | — |