Plan Ledger DOL Form 5500 · updated monthly

Solaray LLC401(k)

SOLARAY LLC 401(K) PROFIT SHARING PLAN · CASTLE ROCK, CO · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Solaray LLC reported $102,224 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $986 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 fell from 0.50% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 426th-largest of 1,461 plans among Colorado employers on file, and the 1,585th of 4,246 in wholesale trade. In 2024, employees put in $3.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,889,345
Participants with balances943
Active participants858
Employer contributions$845,850
Employee contributions$2,717,691
Employer contribution per active participant$986
Average account balance$26,394
Benefits paid to participants$2,587,295
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 943 accts · $846K emplr
2023$21.1M · 878 accts · $621K emplr
2022$17.2M · 876 accts · $776K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,279
Investment management$25,945
Total administrative$102,224
The Solaray LLC 401(k) match · 2024
Employer contribution per active participant$986
Median for plans this size$2,416
2024$986 per active participant
2023$782 per active participant
2022$907 per active participant

Solaray LLC's 2024 employer contribution ran below the $2,416 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$76,279
USI CONSULTING GROUP · Investment advisory (plan)$25,945

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$102,224 · 0.44%
2023$92,597 · 0.48%
2022$89,663 · 0.50%
Same employer
Similar plansWholesale Trade · Colorado
Rio Grande Co. CO$31.4M · 0.12%
Bonakemi USA, Inc. CO$30.4M · 0.37%
Lohmiller and Company CO$25.0M · 0.65%
Mikron Corp Monroe CO$24.8M · 0.04%
Honnen Equipment Company CO$24.0M · 0.21%
Workplace Elements CO$22.2M · 0.69%
Dana Kepner Company, LLC CO$21.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463586703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.