# Social Solutions International, INC 401(k) Plan
Source: https://planprovider.pro/companies/social-solutions-international-inc-401k-plan

> Social Solutions International, INC's 401(k) plan: 39 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Social Solutions International, INC

- **Sponsor EIN:** 841663710

- **Sponsor Address:** 6153 EXECUTIVE BLVD, ROCKVILLE, MD, 208523901

- **Plan Type:** 401(k)

- **Total Participants:** 39

- **Total Assets:** $20.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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.|

| 2024|39|$20.2M|$232,910|$487,947|

| 2023|76|$19.3M|$290,641|$497,746|

| 2022|51|$21.5M|$2.1M|$1.8M|

## 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|

| PENAN & SCOTT, P.C.|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|

| 2024|$129,535|—|$124,958|—|—|

| 2023|$136,567|—|$136,567|—|—|

| 2022|$145,093|$31,895|$70,671|—|$42,527|

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