401(k) · DOL Form 5500 · 2024

Solomon Colors, Inc. 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
163
Participants Small participant base
77th
Percentile by assets National rank
$178,861
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

$29M in assets, 163 participants

Solomon Colors, Inc.'s Solomon Colors, Inc. Salary Deferral Plan reported $29M in total assets and 163 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #12,137 in Manufacturing (17,777 peers)

Coverage in Illinois

Solomon Colors, Inc. Salary Deferral Plan covers 163 participants in Illinois, about 21% of the average Illinois filer (state average ~779 per filing). Assets: $29M.

#12,137
in Manufacturing (17,777 peers)
+12.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$29,154,357 Top 23% higher than 77% 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

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

Plan-year 2024 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 (163 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Solomon Colors, Inc. Salary Deferral Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Solomon Colors, Inc. Salary Deferral Plan reported participants fell from 186 in the plan year 2023 filing to 163 in the plan year 2024 filing.
  • Solomon Colors, Inc. Salary Deferral Plan end-of-year assets rose from $26M in the plan year 2023 filing to $29M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 371117140 · Solomon Colors, Inc. PY 2024 · 401(k)

Solomon Colors, Inc. Salary Deferral Plan · $29M · 163 · 77th

  • PHOTO $29M
  • PHOTO 163
  • PHOTO 77th
  • PHOTO 401(k)
  • PHOTO near Belmar Companies 401(k) Plan
  • PHOTO ind #12137

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

Largo Concrete, Inc. 401(k) Profit Sharing PlanLargo Concrete, Inc. 401(k) …$29MSolomon Colors, Inc. Salary Deferral PlanSolomon Colors, Inc. Salary …$29MBelmar Companies 401(k) Plan$29MMeadows, Collier, Reed, Cousins, Crouch & Ungerman, L.L.P 401(k) Profit Sharing Plan & TrustMeadows, Collier, Reed, Cous…$29MChas Roberts Air Conditioning, Inc. 401(k) PlanChas Roberts Air Conditionin…$29M
End-of-year total assets ($M) among Solomon Colors, Inc. Salary Deferral Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$29M
Net Income$3M
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 -50510152025 Total assets ($B) Participants Solomon Colors, Inc. Salary Deferral Plan, Total assets ($B): 0.029154357 · Participants: 163Solomon Colors, Inc. Salary Deferral 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
Solomon Colors, Inc. Salary Deferral Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Solomon Colors, Inc. Salary Deferral Plan side-by-side with 3 peers →

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 Belmar Companies 401(k) Plan in CO ($29M); by covered participants it is Kessler's, Inc. 401(k) Retirement Plan in SD (163 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (163 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 Solomon Colors, Inc. Salary Deferral Plan assets move in 2024? ▼
Solomon Colors, Inc. Salary Deferral Plan grew at a solid clip - up 12.2% during 2024, from $26M to $29M. 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.
Where does Solomon Colors, Inc. Salary Deferral Plan rank by assets among Form 5500 filers? ▼
Solomon Colors, Inc. Salary Deferral Plan ranks in the 77th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Belmar Companies 401(k) Plan in CO ($29M, 550 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 Kessler's, Inc. 401(k) Retirement Plan in SD (163 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.