Overview

Plan Rating

BrightScope Rating
74
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (48)
Average in Peer Group (70)
Highest in Peer Group (88)

Plan Description

Solomon Colors, Inc. Salary Deferral Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Solomon Colors, Inc. Salary Deferral Plan currently has over 100 active participants and over $13.2M in plan assets.

Did you know?

For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (74) and the top rated plan (88) could equate to:
9
Additional years of work
72,758
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 4050 Color Plant Road
  • Location
    Springfield , IL
  • 62702
  • Industry
    Manufacturing
  • Administrator
    John Boxman
  • Sponsor
    Richard Solomon
  • Net Plan Assets
    $13,200,000
  • Total Participants
    170
  • Avg Account Balance
    $77,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Above Average
Account Balance:
Above Average

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Above Average
Account Balance:
Above Average

Peer Group Plans

Company Rating
CARBO Ceramics 80.0
Eagle Materials 78.5
MSA Worldwide, LLC 74.5
Abrasive Technology 59.8
The Spancrete Group 59.6
Salem Stone 53.7
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Investments

Investment Menu Stats

# of Investment Options

20

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
UTC Stable Value Fund 22%
N/A
Dodge & Cox Income 21%
5%
MFS Value 10%
19%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Administration
Unified Trust Company
Recordkeeper
Unified Trust Company
Auditor
Martin, Hood, Friese & Associates