401(k) · DOL Form 5500 · 2024

Simple. Optimized. Solutions. Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
76
Participants Small participant base
37th
Percentile by assets National rank
$48,129
Avg per participant Low balance/head
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Official DOL plan name: Simple. Optimized. Solutions. Inc. 401(k) Plan · Sponsored by Simple. Optimized. Solutions. Inc. · North Dakota · Healthcare & Social Assistance

$4M in assets, 76 participants

Simple. Optimized. Solutions. Inc.'s Simple. Optimized. Solutions. Inc. 401(k) Plan reported $4M in total assets and 76 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #6,433 in Healthcare & Social Assistance (16,916 peers)

Simple. Optimized. Solutions. Inc. multi-year trail

Simple. Optimized. Solutions. Inc.'s plans moved +438.1% in assets from 2022 to 2024; this filing shows Simple. Optimized. Solutions. Inc. 401(k) Plan at $4M / 76 participants.

#6,433
in Healthcare & Social Assistance (16,916 peers)
+283.6%
assets growth YoY

Simple. Optimized. Solutions. Inc. 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Simple. Optimized. Solutions. Inc. 401(k) Plan vs every filed plan by assets

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

$3,657,805 37th percentile higher than 37% 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

Simple. Optimized. Solutions. 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. Simple. Optimized. Solutions. Inc. 401(k) Plan is a small filing (76 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Simple. Optimized. Solutions. Inc. 401(k) Plan reported net income rose from $274K in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Simple. Optimized. Solutions. Inc. 401(k) Plan end-of-year assets rose from $954K in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Simple. Optimized. Solutions. Inc. 401(k) Plan reported participants rose from 40 in the plan year 2023 filing to 76 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 812501211 · Simple. Optimized. Solutions. Inc. PY 2024 · 401(k)

Simple. Optimized. Solutions. Inc. 401(k) Plan · $4M · 76 · 37th

  • IND $4M
  • IND 76
  • IND 37th
  • IND 401(k)
  • IND near Caraday Healthcare, LLC 401(k) Plan
  • IND ind #6433

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 Healthcare & Social Assistance retirement plans → · Plans in North Dakota →

Simple. Optimized. Solutions. Inc. 401(k) Plan in the asset neighbourhood

Simple. Optimized. Solutions. Inc. 401(k) PlanSimple. Optimized. Solutions…$4MCaraday Healthcare, LLC 401(k) PlanCaraday Healthcare, LLC 401(…$4MLarson Newman LLP Retirement PlanLarson Newman LLP Retirement…$4MAllegheny Contracting, LLC 401(k) Profit Sharing PlanAllegheny Contracting, LLC 4…$4MOpal Services, Inc. 401(k) and Profit Sharing PlanOpal Services, Inc. 401(k) a…$4M
End-of-year total assets ($M) among Simple. Optimized. Solutions. Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Simple. Optimized. Solutions. Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Simple. Optimized. Solutions. Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 438.0620495990797% vs 2022
2024 filing year
$0M$1M$2M$3M$4M 202220232024 $0.68M $3.66M ▲ +438.2%
Year Plans Participants Total Assets
2022 1 21 $680K
2023 1 40 $954K
2024 1 76 $4M

Simple. Optimized. Solutions. Inc. filing trail (2024)

Total Assets (Beginning of Year)$954K
Net Assets (End of Year)$4M
Net Income$3M
Employer EIN812501211
Plan Effective Date2016-04-21
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Dakota

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

Simple. Optimized. Solutions. Inc. 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Simple. Optimized. Solutions. Inc. 401(k) Plan, Total assets ($B): 0.003657805 · Participants: 76Simple. Optimized. Solutions. Inc. 401(k) PlanSanford Retirement Savings Plan, Total assets ($B): 3.602462001 · Participants: 31958Sanford Retirement Savings PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.856387415 · Participants: 5327Knife River Corporation 401(k) Retirement PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.775551136 · Participants: 3465Mdu Resources Group, Inc. 401(k) Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.615317303 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.591992052 · Participants: 5199Offutt Companies 401(k) Savings Plan
Simple. Optimized. Solutions. Inc. 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Simple. Optimized. Solutions. Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside North Dakota, the nearest 401(k) by assets is Caraday Healthcare, LLC 401(k) Plan in TX ($4M); by covered participants it is Maxalea, Inc. 401(k) Plan in MD (76 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (76 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 Simple. Optimized. Solutions. Inc. 401(k) Plan assets move in 2024? ▼
Simple. Optimized. Solutions. Inc. 401(k) Plan surged - up 283.6% during 2024, from $954K to $4M. Reported net income was $3M.
How have Simple. Optimized. Solutions. Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Simple. Optimized. Solutions. Inc.'s sponsor-wide assets grew 438.1%, from $680K to $4M.
Which 401(k) plans are similar in size to Simple. Optimized. Solutions. Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Caraday Healthcare, LLC 401(k) Plan in TX ($4M, 1,576 participants).
Which 401(k) plans cover a similar participant headcount to Simple. Optimized. Solutions. Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Maxalea, Inc. 401(k) Plan in MD (76 participants, N/A 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 812501211.

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.