Solomon Colors, Inc. 401(k) Plan: Login, Facts & Contact Information

Solomon Colors, Inc. 401(k) Plan Facts

Plan name
SOLOMON COLORS, INC. SALARY DEFERRAL PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SOLOMON COLORS, INC.
Participants
219 (183 active employees)
Former employees with a balance
45
Plan assets
$29,154,357 at Dec 31, 2024
Average account balance
$123,014 across 237 accounts
Employer contributions
$544,896 in plan year 2024 (27% of all contributions)
Recordkeeper
American Trust Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 1983
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 6, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.99 million went into the plan in contributions, $544,896 of it from the employer (27%).
  • $1.70 million was paid out to participants.
  • Investment and other income added $2.92 million.
  • Administrative expenses were $40,703, about $172 per account.

How the Solomon Colors, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019183$18.4 million$369,697$2.39 million
2020180$21.3 million$386,162$581,365
2021189$25.2 million$438,979$1.07 million
2022208$23.6 million$493,985$1.12 million
2023230$26.0 million$560,001$2.78 million
2024219$29.2 million$544,896$1.70 million

Solomon Colors, Inc. 401(k) Contact Information

Phone
217-527-1127
Mailing address
P.O. BOX 8288, SPRINGFIELD IL 62791
Plan sponsor
SOLOMON COLORS, INC.
Employer identification number (EIN)
37-1117140
Plan number
001

Questions about the Solomon Colors, Inc. 401(k)

Does Solomon Colors, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $544,896, 27% of all contributions.

Does the Solomon Colors, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Solomon Colors, Inc 401(k) plan?

219 participants at the start of plan year 2024, 183 of them active employees, and 45 former employees who still had money in the plan.

What is the average 401(k) balance at Solomon Colors, Inc?

About $123,014 per account: $29.2 million in plan assets across 237 accounts with a balance at the end of plan year 2024.

Who manages the Solomon Colors, Inc 401(k) accounts?

AMERICAN TRUST COMPANY is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Solomon Colors, Inc. How do I access my 401(k)?

Your account stays with AMERICAN TRUST COMPANY after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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