Plan Ledger DOL Form 5500 · updated monthly

Solari, Inc.401(k)

SOLARI, INC. 401(K) PLAN · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Solari, Inc. reported $110,056 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,558 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 1.13% to 1.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 505th-largest of 1,285 plans among Arizona employers on file, and the 5,013th of 11,911 in health care & social assistance. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 444 to 670 since 2022.

Plan summary
Net assets, end of year$12,524,434
Participants with balances654
Active participants670
Employer contributions$1,043,822
Employee contributions$1,754,572
Employer contribution per active participant$1,558
Average account balance$19,151
Benefits paid to participants$1,006,294
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 654 accts · $1.0M emplr
2023$9.3M · 472 accts · $926K emplr
2022$6.6M · 426 accts · $648K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,511
Investment management$39,378
Trustee / custodial$167
Total administrative$110,056
The Solari, Inc. 401(k) match · 2024
Employer contribution per active participant$1,558
Median for plans this size$2,416
2024$1,558 per active participant
2023$1,891 per active participant
2022$1,459 per active participant

Solari, Inc.'s 2024 employer contribution ran below 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$70,511
CAPFINANCIAL PARTNERS LLC · Consulting · Insurance services$39,378

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$110,056 · 1.01%
2023$81,889 · 1.03%
2022$73,413 · 1.13%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Hacienda, Inc. AZ$12.9M · 0.92%
Copa Health, Inc. AZ$12.7M · 0.81%
La Paz Regional Hospital AZ$12.4M · 1.08%
Denova Collaborative Health AZ$12.1M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260446321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.