Profile
Solutionreach 401(K) Plan in Lehi, UT is in Utah, its EIN is 870649593, its industry group is Computer Systems Design and Related Services, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, is a single-employer plan, its business code is 541519, has 100 to 499 total participants, is worse than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, corrective distributions, and diversity of asset types (5 total), is worse than the overall participant averages in each of net income per total participant, average account balance, employer contributions per active participant, and total administrative expense per participant (4 total), and is higher than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Numeric values:
- total assets ($15,432,533)
- net assets (assets minus liabilities) ($15.40M)
- value of interest in registered investment companies (e.g., mutual funds) ($15.00M)
- total assets at beginning of plan year ($14,029,326)
- total income ($4,040,833)
- total expenses ($2,637,626)
- earnings on investments ($2,115,112)
- net earnings on investments ($2,115,112)
- total contributions ($1,925,721)
- net income ($1,403,207)
- cash contributions from participants ($1,350,060)
- cash contributions from employers ($500,587)
- value of funds held in insurance company general account (unallocated contracts) ($280,152)
- participant loans ($149,985)
- contract administrator fees ($100,274)
- total administrative expenses ($100,274)
- average account balance ($34,680)
- average participant cash contribution per active participant ($5,974)
- net income per total participant ($3,153)
- average employer cash contribution per active participant ($2,215)
- total administrative expense per participant ($225.33)
- corrective distributions ($34)
- total noninterest-bearing cash ($3)
- receivables - employer contributions ($0)
- receivables - participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (50.8%)
- yield on beginning-of-plan-year total assets (15.08%)
- diversity of asset types (4.6%)
- participant loans as a percentage of plan assets (0.97%)
- total administrative expense ratio (0.650%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (226)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (445)
- other retired or separated participants entitled to future benefits (219)
- retired or separated participants receiving benefits (0)
- total participants (445)