Plan Snapshot
- Plan Sponsor: Solo Brands, LLC
- Sponsor EIN: 452545944
- Sponsor Address: 1001 MUSTANG DRIVE, DALLAS, TX, 76051
- Plan Type: 401(k)
- Total Participants: 489
- Total Assets: $12.1M
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 | 489 | $12.1M | $755,316 | $1.9M |
| 2023 | 340 | $8.8M | $674,399 | $1.5M |
| 2022 | 324 | $5.3M | $442,972 | $976,418 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $83,694 | — | $83,694 |
| KESTRA INVESTMENT SERVICES LLC | Investment Advisor | $23,450 | — | $23,450 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- KESTRA INVESTMENT SERVICES LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,144
- Estimated Expense Ratio: 0.887% 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 | $111,305 | $27,611 | — | — | — |
| 2023 | $76,522 | $17,452 | — | — | — |
| 2022 | $6,197 | $28 | — | — | — |