401(k) · DOL Form 5500 · 2022

Solomon Colors, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
159
Participants Small participant base
80th
Percentile by assets National rank
$148,681
Avg per participant Above avg balance/head
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Official DOL plan name: Solomon Colors, Inc. Salary Deferral Plan · Sponsored by Solomon Colors, Inc. · Illinois · Manufacturing

$24M in assets, 159 participants

Solomon Colors, Inc.'s Solomon Colors, Inc. Salary Deferral Plan reported $24M in total assets and 159 participants in its 2022 DOL Form 5500 filing, ranking in the 80th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #14,697 in Manufacturing (20,602 peers)

Coverage in Illinois

Solomon Colors, Inc. Salary Deferral Plan covers 159 participants in Illinois, about 20% of the average Illinois filer (state average ~779 per filing). Assets: $24M.

#14,697
in Manufacturing (20,602 peers)
-6.2%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Solomon Colors, Inc. Salary Deferral Plan's outsized position by total assets

Solomon Colors, Inc. Salary Deferral Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$23,640,296 Top 20% higher than 80% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Solomon Colors, Inc. Salary Deferral Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Solomon Colors, Inc. Salary Deferral Plan sits mid-pack in the medium band (159 participants).

DOL schedule card

Filing strip 371117140 · Solomon Colors, Inc. PY 2022 · 401(k)

Solomon Colors, Inc. Salary Deferral Plan · $24M · 159 · 80th

  • 5500 $24M
  • ASSETS 159
  • PCT 80th
  • EIN 401(k)
  • RANK near Ocean Fleet Services 401(k) Plan
  • PHOTO ind #14697

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Illinois →

Solomon Colors, Inc. Salary Deferral Plan in the asset neighbourhood

Solomon Colors, Inc. Salary Deferral PlanSolomon Colors, Inc. Salary …$24MOcean Fleet Services 401(k) PlanOcean Fleet Services 401(k) …$24MPhb, Inc. Employees Profit Sharing PlanPhb, Inc. Employees Profit S…$24MTennsco Retirement Savings PlanTennsco Retirement Savings P…$24MSpectrum Engineers, Inc. 401(k) PlanSpectrum Engineers, Inc. 401…$24M
End-of-year total assets ($M) among Solomon Colors, Inc. Salary Deferral Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$24M
Net Income-$2M
Employer EIN371117140
Plan Effective Date1983-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Solomon Colors, Inc.)

Sponsor-wide plan assets over time

All Solomon Colors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$46M 21.99179991666493% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $37.5M $45.7M ▲ +22.0%
Year Plans Participants Total Assets
2022 2 299 $37M
2023 2 336 $41M
2024 2 311 $46M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Solomon Colors, Inc. Salary Deferral Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Solomon Colors, Inc. Salary Deferral Plan, Total assets ($B): 0.023640296 · Participants: 159Solomon Colors, Inc. Salary Deferral PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Solomon Colors, Inc. Salary Deferral Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Solomon Colors, Inc. Salary Deferral Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Ocean Fleet Services 401(k) Plan in VA ($24M); by covered participants it is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (159 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (159 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Solomon Colors, Inc. Salary Deferral Plan assets move in 2022?
Solomon Colors, Inc. Salary Deferral Plan pulled back noticeably - down 6.2% during 2022, from $25M to $24M. Reported net income was -$2M.
How have Solomon Colors, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Solomon Colors, Inc.'s sponsor-wide assets grew 22.0%, from $37M to $46M.
Where does Solomon Colors, Inc. Salary Deferral Plan rank by assets among Form 5500 filers?
Solomon Colors, Inc. Salary Deferral Plan ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Solomon Colors, Inc. Salary Deferral Plan?
Among 401(k) plans in other states, the closest by assets is Ocean Fleet Services 401(k) Plan in VA ($24M, 549 participants).
Which 401(k) plans cover a similar participant headcount to Solomon Colors, Inc. Salary Deferral Plan?
Among 401(k) plans in other states, the closest by covered participants is Sms Transportation Services, Inc. 401(k) Profit Sharing Plan and Trust in CA (159 participants, $171K in assets).