Plan Ledger DOL Form 5500 · updated monthly

The Solomon-Page Group LTD.ESOP

THE SOLOMON-PAGE GROUP LTD. EMPLOYEE STOCK OWNERSHIP PLAN · NEW YORK, NY · plan year 2022

Employer contribution per participant · 2022
$6,448

The Solomon-Page Group LTD.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $24,262,710 across 723 participant accounts, with employer contributions averaging $6,448 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,228th-largest of 5,648 plans among New York employers on file, and the 527th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$24,262,710
Participants with balances723
Active participants516
Employer contributions$3,327,026
Employee contributions—
Employer contribution per active participant$6,448
Average account balance$33,558
Benefits paid to participants$264,619
Plan auditUnmodified (clean) audit opinion
AuditorMSPC
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 855 accts · $1.8M emplr
2023$22.8M · 794 accts · $1.8M emplr
2022$24.3M · 723 accts · $3.3M emplr
Employer contributions to the The Solomon-Page Group LTD. plan · 2022
Employer contribution per active participant$6,448
Median for plans this size$2,266
2024$3,268 per active participant
2023$3,361 per active participant
2022$6,448 per active participant

The Solomon-Page Group LTD.'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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
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Source: U.S. Department of Labor, Form 5500 series, EIN 134140422 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.