Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
Solxsys Administrative Solutions
Most often reported for recordkeeping and administration
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
Solxsys Administrative Solutions is named as a service provider on the Schedule C of 29 retirement plans with 100 or more participants for plan year 2024, covering 109,263 participant records. Most often it is reported for recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $2.1M. Per plan, the median was $42.67 per participant, with the middle half of plans between $8.53 and $73.00. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in Michigan (16), Massachusetts (3) and New York (3).
In 2021 it appeared on 5 such filings; in 2024, 30. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $8.53 | $42.67 | $73.00 |
| Compensation as a share of plan net assets | 0.01% | 0.04% | 0.07% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Operating Engineers' Local 324 Pension Fund | Joint Board of Trustees Operating Engineers Local 324 | MI | 21,246 | $1.92B | $433K |
| Operating Engineers' Local 324, Defined Contribution Pension Plan | Joint Board of Trustees, Operating Engineers Local 324, DC | MI | 20,636 | $248M | $69K |
| New England Electrical Workers Money Purchase Plan and Trust | New England Electrical Workers Money Purchase Plan and Trust | CT | 11,013 | $868M | $68K |
| Rhode Island Laborers Annuity Fund | Ri Laborers Annuity Fund Board of Trustees | RI | 9,546 | $253M | $18K |
| Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW | The Board of Trustees of the Electrical Workers Pension Trust | MI | 8,404 | $920M | $29K |
| IBEW Local No. 58 Annuity Fund | Board of Trustees of the IBEW Local No. 58 Annuity Fund | MI | 6,150 | $919M | $24K |
| Rhode Island Laborers Pension Plan | Ri Laborers Pension Plan Board of Trustees | RI | 3,537 | $377M | $36K |
| IBEW Local 347 Retirement and 401(k) Plan | IBEW Local No. 347 & Iowa Chapter of Neca, Joint Board of Trustees | MI | 3,517 | $431M | $88K |
| Pipe Fitters Local No 533 Pension Plan | Pipe Fitters Local No 533 Pension Plan | MO | 2,321 | $330M | $167K |
| U. a. Local 38 Defined Contribution Pension Plan | Board of Trustees of U.A. Local 38 Trust Funds | CA | 2,230 | $210M | $18K |
| Construction & General Laborers' Local 190 Pension Fund | Construction & General Laborers' Local 190 Pension | NY | 1,971 | $165M | $17K |
| I.B.E.W. Local 769 Management Pension Plan a | Board of Trustees I.B.E.W. Local 769 MGMT Pension Plan a | MI | 1,963 | $228M | $154K |
| Iron Workers Local 17 Pension Fund | Iron Workers Local 17 Pension Fund | MI | 1,874 | $163M | $137K |
| Intl Brotherhood of Elec Work. Loc 58 Sound & Communications | Board of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret | MI | 1,838 | $82.7M | $6,893 |
| Pipe Fitters Local No 533 Individual Account Plan | Pipe Fitters Local No 533 Individual Account Plan | MO | 1,621 | $301M | $41K |
| West Mi Plumbers Fitters & Service Trades Local Union No 174 Pension Plan | Board of Trustees West Mi Plumbers Local Union No 174 Pension Plan | MI | 1,609 | $272M | $69K |
| Operative Plasterers and Cement Masons Local No. 109 Pension Plan | Plasterers & Cement Masons Local No. 109 Pension Plan | MI | 1,466 | $127M | $116K |
| IBEW Local 7 Pension Fund | Trustees of IBEW Local No. 7 Pension Plan | MA | 1,228 | $85.8M | $63K |
| United Assn of Journeymen Plumbers & Pipefitters Local 357 Pension Plan | Board of Trustees of the Kalamazoo Plumbers & Pipefitters 357 Pension | MI | 1,175 | $206M | $85K |
| West Michigan Plumbers Fitters & Service Trades Local Union No 174 401(k) Retirement Savings Plan | Board of Trustees West Mi Plumbers Local Union No 174 401(k) Plan | MI | 979 | $54.0M | $43K |
| The International Brotherhood of Electrical Workers Local 7 Annuity Plan | International Brotherhood of Elec Workers Union Local 7 | MA | 915 | $78.2M | $34K |
| Sheet Metal Workers Local 224 Pension Fund | Sheet Metal Workers Local 224 Pension Fund BD of Trustees | MI | 795 | $76.1M | $70K |
| IBEW Local No. 223 Pension | IBEW Local No. 223 Union | MA | 783 | $69.4M | $40K |
| IBEW Local 129 Pension Fund Pension Plan | IBEW Union Local 129 | MI | 742 | $122M | $81K |
| Kalamazoo Plumbers & Pipefitters Local 357 401(k) Plan | Board of Trustees of the Kalamazoo Plumbers & Pipefitters 357 401(k) | MI | 549 | $30.8M | $22K |
| Plumbers Local #210 Retirement Fund | Trustees of Plumbers Local #210 Retirement Fund | IN | 439 | $91.1M | $23K |
| I.B.E.W. Local 241 Pension Plan | Board of Trustees of I.B.E.W. Local 241 Pension Plan | NY | 251 | $27.3M | $74K |
| Roofers Local No. 86 Pension Fund | Board of Trustees, Roofers Local Union No. 86 Pension Fund | MI | 247 | $17.0M | $32K |
| IBEW Local #241 Annuity Plan | IBEW Local 241 | NY | 218 | $36.1M | $29K |
Questions and answers
How many plans does Solxsys Administrative Solutions serve?
29 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Solxsys Administrative Solutions?
The median plan reported $42.67 per participant in direct and indirect compensation (29 plans reporting an amount), or 0.04% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Contract Administrator (11 plans), Plan Administrator (11 plans), Recordkeeping and information management (11 plans) and Other services (1 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.