Plan Snapshot
- Plan Sponsor: Solupay Consulting LLC
- Sponsor EIN: 200847158
- Sponsor Address: 3340 PEACHTREE RD. NE, SUITE 2600, ATLANTA, GA, 30326
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $12.8M
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 | 185 | $12.8M | $546,103 | $1.8M |
| 2023 | 191 | $10.1M | $693,974 | $1.7M |
| 2022 | 195 | $8.0M | $732,601 | $1.9M |
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 |
|---|---|---|---|---|
| WITUMSMTH BROWN PC | Auditor | $4,160 | — | $4,160 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITUMSMTH BROWN PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,160
- Estimated Expense Ratio: 0.032% 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 | $57,967 | $35,370 | — | $4,160 | — |
| 2023 | $53,517 | $195 | $14,222 | — | — |
| 2022 | $35,369 | $14,310 | $21,059 | — | — |