401(k) · DOL Form 5500 · 2024

Solution Systems Inc 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
23
Participants Small participant base
45th
Percentile by assets National rank
$250,396
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Solutions Systems, Inc. 401(k) Plan · Sponsored by Solution Systems Inc · Illinois · Professional & Technical Services

$6M in assets, 23 participants

Solution Systems Inc's Solutions Systems, Inc. 401(k) Plan reported $6M in total assets and 23 participants in its 2024 DOL Form 5500 filing, ranking in the 45th 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.

  • #8,539 in Professional & Technical Services (20,173 peers)

2024 asset change

Solutions Systems, Inc. 401(k) Plan pulled back noticeably 10.5% in 2024 ($6M → $6M) for 23 participants.

#8,539
in Professional & Technical Services (20,173 peers)
-10.5%
assets change YoY

The plan reported a net loss of $679K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Solutions Systems, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Solutions Systems, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,759,110 45th percentile higher than 45% of 123,620 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 2024

Solutions Systems, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Solutions Systems, Inc. 401(k) Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Solutions Systems, Inc. 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to -$679K in the plan year 2024 filing.
  • Solutions Systems, Inc. 401(k) Plan end-of-year assets fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Solutions Systems, Inc. 401(k) Plan reported participants fell from 24 in the plan year 2023 filing to 23 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 363200941 · Solution Systems Inc PY 2024 · 401(k)

Solutions Systems, Inc. 401(k) Plan · $6M · 23 · 45th

  • NET $6M
  • NET 23
  • NET 45th
  • NET 401(k)
  • NET near Innovative Technologies Corporation Savings Plan and Trust
  • NET ind #8539

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 Professional & Technical Services retirement plans → · Plans in Illinois →

Solutions Systems, Inc. 401(k) Plan in the asset neighbourhood

Solutions Systems, Inc. 401(k) PlanSolutions Systems, Inc. 401(…$6MInnovative Technologies Corporation Savings Plan and TrustInnovative Technologies Corp…$6MNew Holland Brewing 401(k) PlanNew Holland Brewing 401(k) P…$6MLeostella, LLC 401(k) Plan$6MThe Contractors Retirement PlanThe Contractors Retirement P…$6M
End-of-year total assets ($M) among Solutions Systems, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Solution Systems Inc years around the 2024 move

Sponsor-wide plan assets over time

All Solution Systems Inc plans reported in each filing year

Latest sponsor-wide plan assets
$6M 8.059237621834042% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M$7M 202220232024 $5.33M $5.76M ▲ +8.1%
Year Plans Participants Total Assets
2022 1 24 $5M
2023 1 24 $6M
2024 1 23 $6M

2024 asset-move particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income-$679K
Employer EIN363200941
Plan Effective Date2004-11-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Solutions Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Solutions Systems, Inc. 401(k) Plan, Total assets ($B): 0.00575911 · Participants: 23Solutions Systems, Inc. 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Solutions Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Solutions Systems, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Innovative Technologies Corporation Savings Plan and Trust in OH ($6M); by covered participants it is Metroplex General Contractors, Inc. 401(k) Profit Sharing Plan in TX (23 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (23 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Solutions Systems, Inc. 401(k) Plan assets move in 2024?
Solutions Systems, Inc. 401(k) Plan pulled back noticeably - down 10.5% during 2024, from $6M to $6M. Reported net income was -$679K.
How have Solution Systems Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Solution Systems Inc's sponsor-wide assets grew 8.1%, from $5M to $6M.
Which 401(k) plans are similar in size to Solutions Systems, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Innovative Technologies Corporation Savings Plan and Trust in OH ($6M, 83 participants).
Which 401(k) plans cover a similar participant headcount to Solutions Systems, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Metroplex General Contractors, Inc. 401(k) Profit Sharing Plan in TX (23 participants, $5M in assets).