Plan Ledger DOL Form 5500 · updated monthly

Solis Lighting and Electrical Services, Inc.401(k)

SOLIS LIGHTING AND ELECTRICAL SERVICES, INC. 401(K) PLAN · SAN CLEMENTE, CA · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

Solis Lighting and Electrical Services, Inc. reported $9,977 in plan administrative expenses for 2022: 0.73% of average plan assets, above the peer median. Employer contributions averaged $71 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (8,652nd of 9,483), and 13,150th of 13,661 in manufacturing. In 2022, employees put in $18.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,308,898
Participants with balances37
Active participants118
Employer contributions$8,326
Employee contributions$150,417
Employer contribution per active participant$71
Average account balance$35,376
Benefits paid to participants$32,517
Plan auditUnmodified (clean) audit opinion
AuditorEVERS ROBINSON, LTD.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,977
Total administrative$9,977
The Solis Lighting and Electrical Services, Inc. 401(k) match · 2022
Employer contribution per active participant$71
Median for plans this size$1,114

Solis Lighting and Electrical Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,977 · 0.73%
Similar plansManufacturing · California
Romeo Power, Inc. CA$1.3M · 0.98%
Scncs, LLC. CA$1.3M · 0.60%
Rustic Bakery CA$1.3M · 0.66%
Shannon Ridge Inc. CA$1.3M · 0.08%
Robin Healthcare Inc. CA$1.3M · 0.89%
Langer Juice Company CA$1.2M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330775427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.