Plan Ledger DOL Form 5500 · updated monthly

Solaris Health Holdings, LLC401(k)

SOLARIS 401(K) PLAN · FT. LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Solaris Health Holdings, LLC reported $835,955 in plan administrative expenses for 2024: 0.20% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,302 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 0.49% to 0.20%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 89th-largest of 3,644 plans among Florida employers on file, and the 346th of 11,911 in health care & social assistance. In 2024, the employer put in $1.25 for every $1.00 employees contributed themselves; active participation has grown from 2,145 to 5,644 since 2022.

Plan summary
Net assets, end of year$464,711,630
Participants with balances4,412
Active participants5,644
Employer contributions$24,280,993
Employee contributions$19,480,943
Employer contribution per active participant$4,302
Average account balance$105,329
Benefits paid to participants$20,313,343
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$464.7M · 4,412 accts · $24.3M emplr
2023$371.4M · 4,039 accts · $16.5M emplr
2022$180.1M · 2,218 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$133,123
Trustee / custodial$523,618
Total administrative$835,955
The Solaris Health Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$4,302
Median for plans this size$4,294
2024$4,302 per active participant
2023$3,135 per active participant
2022$2,793 per active participant

Solaris Health Holdings, LLC's 2024 employer contribution ran above the $4,294 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 · 202410
FID INV INST OPS CO · Recordkeeping · Loan processingindirect comp
SUMMIT EQUITIES, INC. · Investment advisory (participants)$372,560
LPL FINANCIAL- ANDY LUBASH · Investment advisory (participants) · Investment advisory (plan)$122,500
JP MORGAN CHASE · Investment advisory (plan)$85,000
VERDENCE CAPITAL ADVISORS · Investment advisory (participants)$77,145
ROLAND CRISS · Claims processing · Plan administrator$63,000
JOHNSON INVESTMENT COUNSEL · Investment advisory (participants)$48,092
STRATEGIC ADVISORS · Investment advisory (plan)$20,473
MATRIX TRUST COMPANY · Custodial (securities) · Trustee (directed)$6,484
INTEGRITY WEALTH MANAGEMENT · Investment advisory (participants)$5,348

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

Recordkeeper by year2
2024Fidelity
2023Ameritas, Fidelity

This plan has changed recordkeepers within these filings. If you left Solaris Health Holdings, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$835,955 · 0.20%
2023$239,310 · 0.09%
2022$936,593 · 0.49%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Vitas Healthcare Corporation FL$492.6M · 0.17%
Lincare Inc. FL$469.8M · 0.12%
Vitalmd Group Holding. LLC FL$371.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844332286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.