Solera Holdings,inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Solera Holdings,inc. 401(k) Plan Facts (plan year 2020)

Plan name
SOLERA HOLDINGS,INC.RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SOLERA HOLDINGS,INC.
Participants
4,784 (2,477 active employees)
Former employees with a balance
1,417
Plan assets
$157,667,934 at Dec 31, 2020
Average account balance
$44,640 across 3,532 accounts
Employer contributions
$3,444,626 in plan year 2020 (23% of all contributions)
Recordkeeper
Schwab Retirement Plan Services Inc
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Apr 1, 2006
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Jan 20, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $15.1 million went into the plan in contributions, $3.44 million of it from the employer (23%).
  • $24.2 million was paid out to participants.
  • Investment and other income added $22.7 million.
  • Administrative expenses were $87,472, about $25 per account.

How the Solera Holdings,inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20152,220$73.4 million$2.90 million$4.98 million
20163,039$92.3 million$3.53 million$11.1 million
20173,643$120.6 million$3.63 million$12.6 million
20184,073$114.6 million$3.98 million$15.9 million
20194,730$144.2 million$4.47 million$12.6 million
20204,784$157.7 million$3.44 million$24.2 million

Solera Holdings,inc. 401(k) Contact Information

Phone
734-214-2841
Mailing address
1301 SOLANA BLVD BUILDING #2, SUITE 2100, WESTLAKE TX 76262
Plan sponsor
SOLERA HOLDINGS,INC.
Employer identification number (EIN)
20-4427279
Plan number
001

Questions about the Solera Holdings,inc. 401(k)

Is the Solera Holdings,inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

Does Solera Holdings,inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $3.44 million, 23% of all contributions.

Does the Solera Holdings,inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Solera Holdings,inc 401(k) plan?

4,784 participants at the start of plan year 2020, 2,477 of them active employees, and 1,417 former employees who still had money in the plan.

What is the average 401(k) balance at Solera Holdings,inc?

About $44,640 per account: $157.7 million in plan assets across 3,532 accounts with a balance at the end of plan year 2020.

Who manages the Solera Holdings,inc 401(k) accounts?

Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES INC) is the plan's recordkeeper, which is where participants log in to see their balance.

Related Companies
Headquarter: 2801 NETWORK BLVD SUITE 505, FRISCO, TX, 75034
Headquarter: 1819 FIRST OAKS STREET SUITE 160, RICHMOND, TX, 77406
Headquarter: C/O CORP TAX DEPT/RT 550 T5W 770 COCHITUATE ROAD, FRAMINGHAM, MA, 01701
Headquarter: 1211 AVENUE OF THE AMERICAS 15TH FLOOR, NEW YORK, NY, 10036
Headquarter: ONE PPG PLACE SUITE 3400, PITTSBURGH, PA, 15222