Plan Snapshot
- Plan Sponsor: Solution One Industries, INC.
- Sponsor EIN: 320127739
- Sponsor Address: 412 N. GRAY STREET, KILLEEN, TX, 76541
- Plan Type: 401(k)
- Total Participants: 19
- Total Assets: $674,709
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 | 19 | $674,709 | $11,850 | $52,769 |
| 2023 | 268 | $3.2M | $3,823 | $649,934 |
| 2022 | 307 | $2.3M | $259,571 | $567,876 |
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 |
|---|---|---|---|---|
| LUDWICK MONTGOMERY & STAPP | Independent Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LUDWICK MONTGOMERY & STAPP — Independent Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | — | — | — | — | — |
| 2023 | $2,202 | — | — | — | — |
| 2022 | $1,851 | — | — | — | — |