Plan Snapshot
- Plan Sponsor: Solaris Health Holdings, LLC
- Sponsor EIN: 844332286
- Sponsor Address: 500 EAST BROWARD BLVD, SUITE 2150, FT. LAUDERDALE, FL, 33394
- Plan Type: 401(k)
- Total Participants: 5,644
- Total Assets: $464.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 5,644 | $464.7M | $24.3M | $19.5M |
| 2023 | 5,247 | $371.4M | $16.5M | $15.7M |
| 2022 | 2,145 | $180.1M | $6.0M | $10.8M |
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 |
|---|---|---|---|---|
| SUMMIT EQUITIES, INC. | Other Service Provider | $372,560 | — | $372,560 |
| LPL FINANCIAL- ANDY LUBASH | Other Service Provider | $122,500 | — | $122,500 |
| JP MORGAN CHASE | Recordkeeper | $85,000 | — | $85,000 |
| VERDENCE CAPITAL ADVISORS | Other Service Provider | $77,145 | — | $77,145 |
| ROLAND CRISS | Other Service Provider | $63,000 | — | $63,000 |
| JOHNSON INVESTMENT COUNSEL | Other Service Provider | $48,092 | — | $48,092 |
| STRATEGIC ADVISORS | Investment Advisor | $20,473 | — | $20,473 |
| MATRIX TRUST COMPANY | Recordkeeper | $6,484 | — | $6,484 |
| INTEGRITY WEALTH MANAGEMENT | Other Service Provider | $5,348 | — | $5,348 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN CHASE — Recordkeeper
- STRATEGIC ADVISORS — Investment Advisor
- MATRIX TRUST COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $800,602
- Estimated Expense Ratio: 0.172% 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 |
|---|---|---|---|---|---|
| 2024 | $835,955 | — | — | — | — |
| 2023 | $239,310 | $113,466 | — | — | — |
| 2022 | $936,593 | $207,622 | $728,971 | — | — |