Plan Ledger DOL Form 5500 · updated monthly

Job Pro Staffing Inc D/B/A Solvis Employment Services401(k)

SOLVIS EMPLOYMENT SERVICES 401(K) PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
54.90%

Job Pro Staffing Inc D/B/A Solvis Employment Services reported $31,942 in plan administrative expenses for 2024: 54.90% of average plan assets, higher than ~90% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.23% to 54.90%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (9,362nd of 9,483), and 2,481st of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$83,376
Participants with balances245
Active participants372
Employer contributions—
Employee contributions$113,627
Employer contribution per active participant—
Average account balance$340
Benefits paid to participants$38,411
Plan auditUnmodified (clean) audit opinion
AuditorGRUBER AND LOPEZ, INC
Plan history2
Yearassets · accounts · employer contribution
2024$83K · 245 accts
2023$33K · 254 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,942
Total administrative$31,942
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
VESTWELL · Contract administrator · Investment advisory (plan)$31,942

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$31,942 · 54.90%
2023$75 · 0.23%
Similar plansAdministrative & Support Services · California
Tests Assured CA$116K · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814552640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.