Plan Ledger DOL Form 5500 · updated monthly

Securityinspection.com, Inc. dba Solvit, Inc.401(k)

SOLVIT, INC. 401(K) P/S PLAN · ROCHESTER HILLS, MI · plan year 2025

Reported admin expense ratio · 2025
0.49%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Securityinspection.com, Inc. dba Solvit, Inc. reported $48,271 in plan administrative expenses for 2025: 0.49% of average plan assets, below the peer median. Employer contributions averaged $2,295 per active participant. 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 3 years on file its reported administrative ratio fell from 0.54% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,501st of 2,619), and 7,823rd of 11,654 in professional & technical services. In 2025, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,571,892
Participants with balances89
Active participants78
Employer contributions$179,017
Employee contributions$454,580
Employer contribution per active participant$2,295
Average account balance$118,785
Benefits paid to participants$719,707
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$10.6M · 89 accts · $179K emplr
2024$9.0M · 102 accts · $187K emplr
2023$7.7M · 109 accts · $176K emplr
2022$6.2M · 112 accts · $176K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$22,610
Investment management$23,361
Total administrative$48,271
The Securityinspection.com, Inc. dba Solvit, Inc. 401(k) match · 2025
Employer contribution per active participant$2,295
Median for plans this size$1,464
2025$2,295 per active participant
2024$2,100 per active participant
2023$1,930 per active participant
2022$2,118 per active participant

Securityinspection.com, Inc. dba Solvit, Inc.'s 2025 employer contribution ran above the $1,464 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,298
MERRILL LYNCH · Investment advisory (participants)$23,361

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$48,271 · 0.49%
2024$43,480 · 0.52%
2023$38,751 · 0.56%
2022$36,521 · 0.54%
Same employer
Similar plansProfessional & Technical Services · Michigan
Dornerworks, LLC MI$11.0M · 0.20%
Coleman Engineering Company MI$10.8M · 0.01%
Viastore Systems, Inc. MI$10.6M · 0.28%
Michigan Advocacy Program MI$10.5M · 0.01%
Spar Group, Inc MI$10.5M · 1.10%
Prefix Corporation MI$10.0M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383572313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.