Plan Snapshot
- Plan Sponsor: Solerity, INC.
- Sponsor EIN: 541593395
- Sponsor Address: 13800 COPPERMINE RD., HERNDON, VA, 20171
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $39.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 101 | $39.5M | $505,529 | $1.2M |
| 2023 | 107 | $39.5M | $606,163 | $1.5M |
| 2022 | 130 | $41.0M | $959,336 | $2.2M |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS LLC | ADVISOR | $38,873 | — | $38,873 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $31,461 | — | $31,461 |
| SC&H ATTEST SERVICES P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SC&H ATTEST SERVICES P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,334
- Estimated Expense Ratio: 0.178% 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 | $73,436 | $41,975 | — | — | — |
| 2023 | $68,676 | $45,340 | $300 | — | — |
| 2022 | $142,985 | $8,853 | — | — | — |