Plan Ledger DOL Form 5500 · updated monthly

Xsolis, Inc.401(k)

XSOLIS 401(K) RETIREMENT PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Xsolis, Inc. reported $75,046 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,722 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 rose from 0.42% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 687th-largest of 1,496 plans among Tennessee employers on file, and 6,675th of 11,654 in professional & technical services. In 2024, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,596,790
Participants with balances313
Active participants288
Employer contributions$783,891
Employee contributions$2,744,201
Employer contribution per active participant$2,722
Average account balance$46,635
Benefits paid to participants$2,430,209
Plan auditUnmodified (clean) audit opinion
AuditorMULLINS CLEMMONS & MAYES PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 313 accts · $784K emplr
2023$11.4M · 269 accts · $793K emplr
2022$5.9M · 237 accts · $558K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,430
Investment management$36,616
Total administrative$75,046
The Xsolis, Inc. 401(k) match · 2024
Employer contribution per active participant$2,722
Median for plans this size$2,416
2024$2,722 per active participant
2023$2,831 per active participant
2022$1,943 per active participant

Xsolis, Inc.'s 2024 employer contribution ran above 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,430
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$28,855
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,761

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

Administrative cost history3
2024$75,046 · 0.58%
2023$46,033 · 0.53%
2022$20,760 · 0.42%
Same employer
Similar plansProfessional & Technical Services · Tennessee
FedEx Dataworks, Inc. TN$15.8M · 0.14%
Uniguest, Inc. TN$15.7M · 0.54%
Spectra Tech, Inc. TN$15.6M · 0.23%
The White Stone Group, Inc. TN$15.2M · 0.34%
Harrow Health Inc TN$14.5M · 0.80%
Trc Worldwide Engineering TN$14.4M · 0.25%
Built Technologies TN$14.3M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461324527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.