ESOP · DOL Form 5500 · 2024

Solomon Colors, Inc. ESOP

Data updated 2026-08-25

$17M
Total assets Small plan by assets
148
Participants Small participant base
67th
Percentile by assets National rank
$112,026
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

$17M in assets, 148 participants

Solomon Colors, Inc.'s Solomon Colors, Inc. Employee Stock Ownership Plan reported $17M in total assets and 148 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #9,790 in Manufacturing (17,777 peers)

Coverage in Illinois

Solomon Colors, Inc. Employee Stock Ownership Plan covers 148 participants in Illinois, about 19% of the average Illinois filer (state average ~779 per filing). Assets: $17M.

#9,790
in Manufacturing (17,777 peers)
+9.3%
assets growth YoY

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 2024 · DOL Form 5500

$16,579,904 Top 33% higher than 67% 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. Employee Stock Ownership 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. Employee Stock Ownership Plan sits mid-pack in the medium band (148 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Solomon Colors, Inc. Employee Stock Ownership Plan end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Solomon Colors, Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Solomon Colors, Inc. Employee Stock Ownership Plan reported participants fell from 150 in the plan year 2023 filing to 148 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 371117140 · Solomon Colors, Inc. PY 2024 · ESOP

Solomon Colors, Inc. Employee Stock Ownership Plan · $17M · 148 · 67th

  • EOY $17M
  • EOY 148
  • EOY 67th
  • EOY ESOP
  • EOY near Bios Companies, Inc. Employee Stock Ownership Plan
  • EOY ind #9790

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

Material Motion, Inc. Employee Stock Ownership PlanMaterial Motion, Inc. Employ…$17MLemberg Electric Company, Inc. Employee Stock Ownership PlanLemberg Electric Company, In…$17MSolomon Colors, Inc. Employee Stock Ownership PlanSolomon Colors, Inc. Employe…$17MBios Companies, Inc. Employee Stock Ownership PlanBios Companies, Inc. Employe…$17MHeartland Security Insurance Group ESOP PlanHeartland Security Insurance…$17M
End-of-year total assets ($M) among Solomon Colors, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$1M
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. -50000500010000 -101234 Total assets ($B) Participants Solomon Colors, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.016579904 · Participants: 148Solomon Colors, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.699095694 · Participants: 4909Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.165348047 · Participants: 4815Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.429776889 · Participants: 491Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 1.0622005 · Participants: 9258Bdo USA Employee Stock Ownership PlanShorr Paper Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.430213996 · Participants: 543Shorr Paper Products, Inc. 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 Bios Companies, Inc. Employee Stock Ownership Plan in OK ($17M); by covered participants it is Island Kinetics, Inc. Employee Stock Ownership Plan in AZ (148 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (148 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. Employee Stock Ownership Plan assets move in 2024? ▼
Solomon Colors, Inc. Employee Stock Ownership Plan grew at a solid clip - up 9.3% during 2024, from $15M to $17M. Reported net income was $1M.
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 Bios Companies, Inc. Employee Stock Ownership Plan in OK ($17M, 683 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 Island Kinetics, Inc. Employee Stock Ownership Plan in AZ (148 participants, $33M 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.