Plan Ledger DOL Form 5500 · updated monthly

Solar Therapeutics401(k)

SOLAR THERAPEUTICS 401(K) PLAN · SOMESET, MA · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Solar Therapeutics reported $9,142 in plan administrative expenses for 2024: 1.16% of average plan assets, above the peer median. Employer contributions averaged $12 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 1 year on file its reported administrative ratio rose from 0.74% to 1.16%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (2,649th of 2,726), and 4,156th of 4,246 in wholesale trade. In 2024, employees put in $155.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$902,319
Participants with balances212
Active participants170
Employer contributions$1,978
Employee contributions$307,606
Employer contribution per active participant$12
Average account balance$4,256
Benefits paid to participants$177,545
Plan auditUnmodified (clean) audit opinion
AuditorAAFCPAS
Plan history2
Yearassets · accounts · employer contribution
2024$902K · 212 accts · $2K emplr
2023$674K · 216 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,142
Total administrative$9,142
The Solar Therapeutics 401(k) match · 2024
Employer contribution per active participant$12
Median for plans this size$540

Solar Therapeutics's 2024 employer contribution ran below the $540 median for plans its size, in the bottom quarter of its peers. 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 · 20241
PCS RETIREMENT LLC · Recordkeeping · Loan processing$9,142

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history2
2024$9,142 · 1.16%
2023$3,378 · 0.74%
Same employer
Similar plansWholesale Trade · Massachusetts
Cometeer, Inc. MA$2.8M · 0.01%
Mammoth Fire Alarms, Inc. MA$2.8M · 0.41%
Planet Aid, Inc. MA$1.7M · 1.17%
G & J Holdings, LLC MA$1.6M · 0.07%
Lobster Trap Co Inc MA$878K · 0.88%
Reebok International LTD. MA$639K · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 823644660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.