Plan Ledger DOL Form 5500 · updated monthly

Solerity, Inc.401(k)

SOLERITY 401K PLAN · MCLEAN, VA · plan year 2022

Reported admin expense ratio · 2022
0.30%

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

Solerity, Inc. reported $142,985 in plan administrative expenses for 2022: 0.30% of average plan assets, above the peer median. Employer contributions averaged $7,380 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 0.30% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 578th-largest of 2,266 plans among Virginia employers on file, and the 3,241st of 11,654 in professional & technical services. In 2022, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,029,444
Participants with balances399
Active participants130
Employer contributions$959,336
Employee contributions$2,189,904
Employer contribution per active participant$7,380
Average account balance$102,831
Benefits paid to participants$9,325,840
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 347 accts · $506K emplr
2023$39.5M · 364 accts · $606K emplr
2022$41.0M · 399 accts · $959K emplr
Administrative expenses, itemized · 2022
Investment management$8,853
Total administrative$142,985
The Solerity, Inc. 401(k) match · 2022
Employer contribution per active participant$7,380
Median for plans this size$2,266
2024$5,005 per active participant
2023$5,665 per active participant
2022$7,380 per active participant

Solerity, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$73,436 · 0.19%
2023$68,676 · 0.17%
2022$142,985 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Virginia
Amyx, Inc. VA$42.8M · 0.34%
Computer Systems Center Inc VA$41.4M · 0.10%
Falconwood, Inc. VA$41.0M · 0.21%
Procentrix, LLC VA$40.7M · 0.47%
Technomics, Inc. VA$39.9M · 0.01%
T-Solutions, Inc. VA$39.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541593395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.