Plan Snapshot
- Plan Sponsor: Solesis, LLC
- Sponsor EIN: 863837991
- Sponsor Address: 551 E CHURCH AVE, TELFORD, PA, 189691727
- Plan Type: 401(k)
- Total Participants: 240
- Total Assets: $11.5M
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. |
|---|---|---|---|---|
| 2024 | 240 | $11.5M | $484,305 | $888,427 |
| 2023 | 352 | $40.4M | $1.3M | $2.0M |
| 2022 | 357 | $33.6M | $2.0M | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $29,759 | — | $29,759 |
| SC&H ATTEST SERVICES P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,759
- Estimated Expense Ratio: 0.258% 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 | $29,759 | — | $29,759 | — | — |
| 2023 | $58,226 | — | $58,226 | — | — |
| 2022 | $59,273 | $7,511 | $51,762 | — | — |