Solid Business Solutions 401(K) Plan — Form 5500 plan (Solid Business Solutions, LLC)

Plain-English plan 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, Solid Business Solutions 401(K) Plan is a benefit plan reported by Solid Business Solutions, LLC under EIN 45-4566093 and plan number 333. The latest loaded filing year is 2023. The filing reports 856 participants and $24,672,984 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Solid Business Solutions, LLC
EIN
45-4566093
Plan number
333
Plan type
3
Location
Richmond, TX
Latest filing year
2023
Participants
856
End-of-year plan assets
$24,672,984

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023856H, C20241014155402NAL0026638561001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$24,672,984
Total liabilities (EOY)
$0
Net assets (EOY)
$24,672,984
Net assets (BOY)
$17,235,378

Income & contributions

Employer contributions
$1,108,744
Participant contributions
$2,004,025
Total contributions
$3,174,506
Total income / additions
$6,535,346

Expenses & distributions

Benefits paid
$1,963,831
Administrative expenses
$67,689
Total expenses
$2,105,014
Net increase / (decrease)
$4,430,332

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CoRECORDKEEPER$73,533$02023
Raymond JamesINVESTMENT ADVISOR$42,350not reported in the loaded dataset2023

Related Form 5500 pages