Plan Ledger DOL Form 5500 · updated monthly

Solari Enterprises Inc.401(k)

SOLARI ENTERPRISES, INC. 401K PLAN · ORANGE, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Solari Enterprises Inc. reported $1,014 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $677 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 0.06% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (6,619th of 9,483), and 1,408th of 2,096 in real estate & leasing. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 222 to 324 since 2022.

Plan summary
Net assets, end of year$6,140,037
Participants with balances156
Active participants324
Employer contributions$219,322
Employee contributions$524,186
Employer contribution per active participant$677
Average account balance$39,359
Benefits paid to participants$341,828
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 156 accts · $219K emplr
2023$5.0M · 132 accts · $178K emplr
2022$4.4M · 118 accts · $173K emplr
Administrative expenses, itemized · 2024
Investment management$1,014
Total administrative$1,014
The Solari Enterprises Inc. 401(k) match · 2024
Employer contribution per active participant$677
Median for plans this size$1,313
2024$677 per active participant
2023$651 per active participant
2022$779 per active participant

Solari Enterprises Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$1,014

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$1,014 · 0.02%
2023$750 · 0.02%
2022$2,919 · 0.06%
Same employer
Similar plansReal Estate & Leasing · California
Spruce Grove, Inc. CA$6.3M · 0.53%
Wsh Management Inc CA$6.1M · 0.66%
Laaco, LTD. CA$5.9M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330306211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.