Plan5500

Solomon Colors, Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Solomon Colors, Inc. (EIN 37-1117140) is a plan sponsor located in Springfield, IL with 3 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
37-1117140
Location
Springfield, IL
Loaded plans
3
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Solomon Colors, Inc.

  • 3 loaded plans hold $41.2M in reported assets.
  • The largest, Solomon Colors, Inc. Salary Deferral Plan, holds 63% of this company's reported plan assets.
  • Plans cover 605 reported participants.
  • 2 of 3 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$41.1MSummed across loaded plans$41,141,535
Total reported assets$41.2M$41,165,957
Total reported participants605
Total reported liabilities$24.4K$24,422

Reported net position

Reported assets = net assets + liabilities (summed)$41.2M total assets
Net assets$41.1MLiabilities$24.4K
Contributions & income
Employer contributions$2.3M
Participant contributions$1.4M
Total income / additions$8.6M
Expenses & distributions
Benefits paid / distributions$4.9M
Total expenses$4.9M
Net increase / (decrease)$3.7M

Data coverage

Plans with financial statements2 / 3 (67%)
Plans with provider compensation1 / 3 (33%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets63%Solomon Colors, Inc. Salary Deferral Plan
Participants per plan202Average across loaded plans
Loaded plans3
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Solomon Colors, Inc. Salary Deferral Plan$26M
    Plan #001 · 230 participants · 2023
  2. 2
    Solomon Colors, Inc. Employee Stock Ownership Plan$15.2M
    Plan #002 · 188 participants · 2023
  3. 3
    Solomon Colors, Inc. Health Insurance Plannot reported in the loaded dataset
    Plan #501 · 187 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Solomon Colors, Inc.. Open one for its full reported snapshot.

  1. 2023
    Solomon Colors, Inc. Health Insurance Plan187 participants · 2No schedules
    View filing →
  2. 2023
    Solomon Colors, Inc. Salary Deferral Plan230 participants · 2Sch HSch C
    View filing →
  3. 2023
    Solomon Colors, Inc. Employee Stock Ownership Plan188 participants · 2Sch H
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Solomon Colors, Inc. report on Form 5500?
Solomon Colors, Inc. (EIN 37-1117140) reports 3 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Solomon Colors, Inc.?
The Employer Identification Number (EIN) reported for Solomon Colors, Inc. is 37-1117140.
What is the latest Form 5500 filing year for Solomon Colors, Inc.?
The latest loaded Form 5500 filing year for Solomon Colors, Inc. is 2023.

Related Form 5500 pages