ESOP · DOL Form 5500 · 2022

Solomon Colors, Inc. ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
140
Participants Small participant base
71st
Percentile by assets National rank
$98,924
Avg per participant Below avg balance/head
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Official DOL plan name: Solomon Colors, Inc. Employee Stock Ownership Plan · Sponsored by Solomon Colors, Inc. · Illinois · Manufacturing

$14M in assets, 140 participants

Solomon Colors, Inc.'s Solomon Colors, Inc. Employee Stock Ownership Plan reported $14M in total assets and 140 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #12,415 in Manufacturing (20,602 peers)

Coverage in Illinois

Solomon Colors, Inc. Employee Stock Ownership Plan covers 140 participants in Illinois, about 18% of the average Illinois filer (state average ~779 per filing). Assets: $14M.

#12,415
in Manufacturing (20,602 peers)
-16.1%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Solomon Colors, Inc. Employee Stock Ownership Plan's outsized position by total assets

Solomon Colors, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$13,849,323 Top 29% higher than 71% 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. Employee Stock Ownership 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. Employee Stock Ownership Plan sits mid-pack in the medium band (140 participants).

Plan-year Form 5500 strip

Filing strip 371117140 · Solomon Colors, Inc. PY 2022 · ESOP

Solomon Colors, Inc. Employee Stock Ownership Plan · $14M · 140 · 71st

  • PHOTO $14M
  • PHOTO 140
  • PHOTO 71st
  • PHOTO ESOP
  • PHOTO near Diversified Lighting Associates, Inc. Employee Stock Ownership Plan
  • PHOTO ind #12415

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 What is an ESOP? → · Plans in Illinois →

Solomon Colors, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Hi Nabor Supermarket Employee Stock Ownership PlanHi Nabor Supermarket Employe…$14MCalifornia Shower Door Employee Stock Ownership PlanCalifornia Shower Door Emplo…$14MSolomon Colors, Inc. Employee Stock Ownership PlanSolomon Colors, Inc. Employe…$14MDiversified Lighting Associates, Inc. Employee Stock Ownership PlanDiversified Lighting Associa…$14MPremier Bank 401(k) Employee Stock Ownership PlanPremier Bank 401(k) Employee…$14M
End-of-year total assets ($M) among Solomon Colors, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$14M
Net Income-$3M
Employer EIN371117140
Plan Effective Date2006-01-01
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 ESOP Plans in Illinois

Peer ESOP plans, same state, same plan type, ranked by total assets.

Solomon Colors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Solomon Colors, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.013849323 · Participants: 140Solomon Colors, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.751765578 · Participants: 4361Amsted Industries Incorporated Employees' Stock Ownership PlanOri 401(k) Savings and Profit Sharing Plan, Total assets ($B): 1.70457972 · Participants: 10023Ori 401(k) Savings and Profit Sharing PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.163229548 · Participants: 3905Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 0.970067277 · Participants: 495Scot Forge Company Employee Stock Ownership PlanRli Corp. Employee Stock Ownership Plan, Total assets ($B): 0.341695997 · Participants: 826Rli Corp. Employee Stock Ownership Plan
Solomon Colors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Solomon Colors, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Solomon Colors, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Diversified Lighting Associates, Inc. Employee Stock Ownership Plan in PA ($14M); by covered participants it is Ruscilli Construction Co., Inc. Employee Stock Ownership Plan in OH (140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (140 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. Employee Stock Ownership Plan assets move in 2022? ▼
Solomon Colors, Inc. Employee Stock Ownership Plan declined sharply - down 16.1% during 2022, from $17M to $14M. Reported net income was -$3M.
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.
Which ESOP plans are similar in size to Solomon Colors, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Diversified Lighting Associates, Inc. Employee Stock Ownership Plan in PA ($14M, 143 participants).
Which ESOP plans cover a similar participant headcount to Solomon Colors, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Ruscilli Construction Co., Inc. Employee Stock Ownership Plan in OH (140 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 371117140.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.