Plan Ledger DOL Form 5500 · updated monthly

Software Solutions Integrated, LLC401(k)

SOFTWARE SOLUTIONS INTEGRATED, LLC 401(K) PLAN · SHELBYVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Software Solutions Integrated, LLC reported $44,581 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,410 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 2 years on file its reported administrative ratio rose from 0.02% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,611th-largest of 3,702 plans among Illinois employers on file, and the 5,172nd of 11,654 in professional & technical services. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 148 to 178 since 2022.

Plan summary
Net assets, end of year$22,189,417
Participants with balances210
Active participants178
Employer contributions$606,949
Employee contributions$1,353,163
Employer contribution per active participant$3,410
Average account balance$105,664
Benefits paid to participants$310,564
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 210 accts · $607K emplr
2023$17.8M · 173 accts · $540K emplr
2022$14.1M · 173 accts · $455K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,581
Total administrative$44,581
The Software Solutions Integrated, LLC 401(k) match · 2024
Employer contribution per active participant$3,410
Median for plans this size$2,416
2024$3,410 per active participant
2023$3,352 per active participant
2022$3,074 per active participant

Software Solutions Integrated, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
INVESTMENT PLANNERS INC · Investment advisory (plan)$43,161
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$690
CAPITOL GROUP RETIREMENT PLAN SERVI$675

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

Administrative cost history3
2024$44,581 · 0.22%
2023$35,352 · 0.22%
2022$2,233 · 0.02%
Same employer
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L&G Law Group LLP IL$22.9M · 0.27%
G Treasury Ss, LLC IL$22.2M · 0.28%
Cardinal Law Group, LTD IL$22.1M · 0.04%
Rms Lifeline Inc IL$21.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371366714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.