Civic Intelligence
Filing

Solid IT Networks Inc. 401(K) Profit Sharing Plan

Solid IT Networks Inc. • EIN 75-2950821 • Houston, TX • Plan year 2008

Company ProfileSource Archive
16507 Hedgecroft Suite 100Houston, TX 77060-3621
Filing Insights

Participants

Down

15 → 12

-3 • -20.00%

Assets

Up

$96,253 → $119,955

$23,702 • 24.62%

Investment Management Fee

-

Admin expenses - • Total expenses $12,520

Filing Details

Context
Net investment result
$23,703
Pension payor EIN
16-1470238

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2025116$5,323,596$272,444$17,028iApproximate average salary by contribution assumption: employee only about $425,694 at 4% or $283,796 at 6%; with 50% employer match about $283,796 at 4% or $189,197 at 6%; with 100% employer match about $212,847 at 4% or $141,898 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-16$5,323,596$272,444$17,028iApproximate average salary by contribution assumption: employee only about $425,694 at 4% or $283,796 at 6%; with 50% employer match about $283,796 at 4% or $189,197 at 6%; with 100% employer match about $212,847 at 4% or $141,898 at 6%.
2024116$4,883,401$315,353$19,710iApproximate average salary by contribution assumption: employee only about $492,739 at 4% or $328,493 at 6%; with 50% employer match about $328,493 at 4% or $218,995 at 6%; with 100% employer match about $246,370 at 4% or $164,246 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-16$4,883,401$315,353$19,710iApproximate average salary by contribution assumption: employee only about $492,739 at 4% or $328,493 at 6%; with 50% employer match about $328,493 at 4% or $218,995 at 6%; with 100% employer match about $246,370 at 4% or $164,246 at 6%.
2023222$10,273,388$339,730$15,442iApproximate average salary by contribution assumption: employee only about $386,057 at 4% or $257,371 at 6%; with 50% employer match about $257,371 at 4% or $171,581 at 6%; with 100% employer match about $193,028 at 4% or $128,686 at 6%.
Solid IT Networks Inc. Employee Stock Ownership Plan-22$6,165,164$50,000$2,273iApproximate average salary by contribution assumption: employee only about $56,818 at 4% or $37,879 at 6%; with 50% employer match about $37,879 at 4% or $25,253 at 6%; with 100% employer match about $28,409 at 4% or $18,939 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-16$4,108,224$289,730$18,108iApproximate average salary by contribution assumption: employee only about $452,703 at 4% or $301,802 at 6%; with 50% employer match about $301,802 at 4% or $201,201 at 6%; with 100% employer match about $226,352 at 4% or $150,901 at 6%.
2022223$9,417,123$350,713$15,248iApproximate average salary by contribution assumption: employee only about $381,210 at 4% or $254,140 at 6%; with 50% employer match about $254,140 at 4% or $169,427 at 6%; with 100% employer match about $190,605 at 4% or $127,070 at 6%.
Solid IT Networks Inc. Employee Stock Ownership Plan-23$6,159,084$50,000$2,174iApproximate average salary by contribution assumption: employee only about $54,348 at 4% or $36,232 at 6%; with 50% employer match about $36,232 at 4% or $24,155 at 6%; with 100% employer match about $27,174 at 4% or $18,116 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-16$3,258,039$300,713$18,795iApproximate average salary by contribution assumption: employee only about $469,864 at 4% or $313,243 at 6%; with 50% employer match about $313,243 at 4% or $208,828 at 6%; with 100% employer match about $234,932 at 4% or $156,621 at 6%.
2021224$10,151,747$355,790$14,825iApproximate average salary by contribution assumption: employee only about $370,615 at 4% or $247,076 at 6%; with 50% employer match about $247,076 at 4% or $164,718 at 6%; with 100% employer match about $185,307 at 4% or $123,538 at 6%.
Solid IT Networks Inc. Employee Stock Ownership Plan-24$6,376,606$50,000$2,083iApproximate average salary by contribution assumption: employee only about $52,083 at 4% or $34,722 at 6%; with 50% employer match about $34,722 at 4% or $23,148 at 6%; with 100% employer match about $26,042 at 4% or $17,361 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-17$3,775,141$305,790$17,988iApproximate average salary by contribution assumption: employee only about $449,691 at 4% or $299,794 at 6%; with 50% employer match about $299,794 at 4% or $199,863 at 6%; with 100% employer match about $224,846 at 4% or $149,897 at 6%.
2020223$11,847,052$279,391$12,147iApproximate average salary by contribution assumption: employee only about $303,686 at 4% or $202,457 at 6%; with 50% employer match about $202,457 at 4% or $134,971 at 6%; with 100% employer match about $151,843 at 4% or $101,229 at 6%.
Solid IT Networks Inc. Employee Stock Ownership Plan-23$8,626,606$50,000$2,174iApproximate average salary by contribution assumption: employee only about $54,348 at 4% or $36,232 at 6%; with 50% employer match about $36,232 at 4% or $24,155 at 6%; with 100% employer match about $27,174 at 4% or $18,116 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-18$3,220,446$229,391$12,744iApproximate average salary by contribution assumption: employee only about $318,599 at 4% or $212,399 at 6%; with 50% employer match about $212,399 at 4% or $141,599 at 6%; with 100% employer match about $159,299 at 4% or $106,200 at 6%.
2019221$10,255,841$265,771$12,656iApproximate average salary by contribution assumption: employee only about $316,394 at 4% or $210,929 at 6%; with 50% employer match about $210,929 at 4% or $140,620 at 6%; with 100% employer match about $158,197 at 4% or $105,465 at 6%.
Solid IT Networks Inc. Employee Stock Ownership Plan-21$7,576,606$50,000$2,381iApproximate average salary by contribution assumption: employee only about $59,524 at 4% or $39,683 at 6%; with 50% employer match about $39,683 at 4% or $26,455 at 6%; with 100% employer match about $29,762 at 4% or $19,841 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-17$2,679,235$215,771$12,692iApproximate average salary by contribution assumption: employee only about $317,310 at 4% or $211,540 at 6%; with 50% employer match about $211,540 at 4% or $141,027 at 6%; with 100% employer match about $158,655 at 4% or $105,770 at 6%.
2018223$7,833,786$385,052$16,741iApproximate average salary by contribution assumption: employee only about $418,535 at 4% or $279,023 at 6%; with 50% employer match about $279,023 at 4% or $186,015 at 6%; with 100% employer match about $209,267 at 4% or $139,512 at 6%.
Solid IT Networks Inc. Employee Stock Ownership Plan-23$5,787,516$65,086$2,830iApproximate average salary by contribution assumption: employee only about $70,746 at 4% or $47,164 at 6%; with 50% employer match about $47,164 at 4% or $31,443 at 6%; with 100% employer match about $35,373 at 4% or $23,582 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-17$2,046,270$319,966$18,822iApproximate average salary by contribution assumption: employee only about $470,538 at 4% or $313,692 at 6%; with 50% employer match about $313,692 at 4% or $209,128 at 6%; with 100% employer match about $235,269 at 4% or $156,846 at 6%.
2017224$4,696,456$962,690$40,112iApproximate average salary by contribution assumption: employee only about $1,002,802 at 4% or $668,535 at 6%; with 50% employer match about $668,535 at 4% or $445,690 at 6%; with 100% employer match about $501,401 at 4% or $334,267 at 6%.
Solid IT Networks Inc. Employee Stock Ownership Plan-24$2,788,775$691,141$28,798iApproximate average salary by contribution assumption: employee only about $719,939 at 4% or $479,959 at 6%; with 50% employer match about $479,959 at 4% or $319,973 at 6%; with 100% employer match about $359,969 at 4% or $239,980 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-16$1,907,681$271,549$16,972iApproximate average salary by contribution assumption: employee only about $424,295 at 4% or $282,864 at 6%; with 50% employer match about $282,864 at 4% or $188,576 at 6%; with 100% employer match about $212,148 at 4% or $141,432 at 6%.
2016224$3,469,958$732,381$30,516iApproximate average salary by contribution assumption: employee only about $762,897 at 4% or $508,598 at 6%; with 50% employer match about $508,598 at 4% or $339,065 at 6%; with 100% employer match about $381,448 at 4% or $254,299 at 6%.
Solid IT Networks Inc. Employee Stock Ownership Plan-24$2,097,634$508,305$21,179iApproximate average salary by contribution assumption: employee only about $529,484 at 4% or $352,990 at 6%; with 50% employer match about $352,990 at 4% or $235,326 at 6%; with 100% employer match about $264,742 at 4% or $176,495 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-16$1,372,324$224,076$14,005iApproximate average salary by contribution assumption: employee only about $350,119 at 4% or $233,413 at 6%; with 50% employer match about $233,413 at 4% or $155,608 at 6%; with 100% employer match about $175,059 at 4% or $116,706 at 6%.
2015223$3,115,388$788,599$34,287iApproximate average salary by contribution assumption: employee only about $857,173 at 4% or $571,449 at 6%; with 50% employer match about $571,449 at 4% or $380,966 at 6%; with 100% employer match about $428,586 at 4% or $285,724 at 6%.
Solid IT Networks Inc. Employee Stock Ownership Plan-23$1,589,329$588,879$25,603iApproximate average salary by contribution assumption: employee only about $640,086 at 4% or $426,724 at 6%; with 50% employer match about $426,724 at 4% or $284,483 at 6%; with 100% employer match about $320,043 at 4% or $213,362 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-15$1,526,059$199,720$13,315iApproximate average salary by contribution assumption: employee only about $332,867 at 4% or $221,911 at 6%; with 50% employer match about $221,911 at 4% or $147,941 at 6%; with 100% employer match about $166,433 at 4% or $110,956 at 6%.
2014226$2,327,825$677,175$26,045iApproximate average salary by contribution assumption: employee only about $651,130 at 4% or $434,087 at 6%; with 50% employer match about $434,087 at 4% or $289,391 at 6%; with 100% employer match about $325,565 at 4% or $217,043 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-13$1,339,075$153,715$11,824iApproximate average salary by contribution assumption: employee only about $295,606 at 4% or $197,071 at 6%; with 50% employer match about $197,071 at 4% or $131,380 at 6%; with 100% employer match about $147,803 at 4% or $98,535 at 6%.
Solid IT Networks Inc. Employee Stock Ownership Plan-26$988,750$523,460$20,133iApproximate average salary by contribution assumption: employee only about $503,327 at 4% or $335,551 at 6%; with 50% employer match about $335,551 at 4% or $223,701 at 6%; with 100% employer match about $251,663 at 4% or $167,776 at 6%.
2013112$1,115,002$143,645$11,970iApproximate average salary by contribution assumption: employee only about $299,260 at 4% or $199,507 at 6%; with 50% employer match about $199,507 at 4% or $133,005 at 6%; with 100% employer match about $149,630 at 4% or $99,753 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-12$1,115,002$143,645$11,970iApproximate average salary by contribution assumption: employee only about $299,260 at 4% or $199,507 at 6%; with 50% employer match about $199,507 at 4% or $133,005 at 6%; with 100% employer match about $149,630 at 4% or $99,753 at 6%.
2012112$802,894$128,284$10,690iApproximate average salary by contribution assumption: employee only about $267,258 at 4% or $178,172 at 6%; with 50% employer match about $178,172 at 4% or $118,781 at 6%; with 100% employer match about $133,629 at 4% or $89,086 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-12$802,894$128,284$10,690iApproximate average salary by contribution assumption: employee only about $267,258 at 4% or $178,172 at 6%; with 50% employer match about $178,172 at 4% or $118,781 at 6%; with 100% employer match about $133,629 at 4% or $89,086 at 6%.
2011112$589,742$126,641$10,553iApproximate average salary by contribution assumption: employee only about $263,835 at 4% or $175,890 at 6%; with 50% employer match about $175,890 at 4% or $117,260 at 6%; with 100% employer match about $131,918 at 4% or $87,945 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-12$589,742$126,641$10,553iApproximate average salary by contribution assumption: employee only about $263,835 at 4% or $175,890 at 6%; with 50% employer match about $175,890 at 4% or $117,260 at 6%; with 100% employer match about $131,918 at 4% or $87,945 at 6%.
2010113$490,856$148,643$11,434iApproximate average salary by contribution assumption: employee only about $285,852 at 4% or $190,568 at 6%; with 50% employer match about $190,568 at 4% or $127,045 at 6%; with 100% employer match about $142,926 at 4% or $95,284 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-13$490,856$148,643$11,434iApproximate average salary by contribution assumption: employee only about $285,852 at 4% or $190,568 at 6%; with 50% employer match about $190,568 at 4% or $127,045 at 6%; with 100% employer match about $142,926 at 4% or $95,284 at 6%.
2009111$287,645$118,533$10,776iApproximate average salary by contribution assumption: employee only about $269,393 at 4% or $179,595 at 6%; with 50% employer match about $179,595 at 4% or $119,730 at 6%; with 100% employer match about $134,697 at 4% or $89,798 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing Plan-11$287,645$118,533$10,776iApproximate average salary by contribution assumption: employee only about $269,393 at 4% or $179,595 at 6%; with 50% employer match about $179,595 at 4% or $119,730 at 6%; with 100% employer match about $134,697 at 4% or $89,798 at 6%.
2008112$119,955$90,910$7,576iApproximate average salary by contribution assumption: employee only about $189,396 at 4% or $126,264 at 6%; with 50% employer match about $126,264 at 4% or $84,176 at 6%; with 100% employer match about $94,698 at 4% or $63,132 at 6%.
Solid IT Networks Inc. 401(K) Profit Sharing PlanCurrent12$119,955$90,910$7,576iApproximate average salary by contribution assumption: employee only about $189,396 at 4% or $126,264 at 6%; with 50% employer match about $126,264 at 4% or $84,176 at 6%; with 100% employer match about $94,698 at 4% or $63,132 at 6%.
2007114$0$0-
Solid IT Networks Inc. 401(K) Profit Sharing Plan-14---
Schedule Details

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$119,955$23,702 change

Balance Sheet

Beginning and end of plan year.

Total assets$96,253$119,955Increase +$23,702 (24.62%)
Total liabilities$0$0No change $0
Net assets$96,253$119,955Increase +$23,702 (24.62%)

Contributions

Employer contributions$33,426
Participant contributions$57,484
Other contributions$0

Income & Expenses

Total income$36,223
Total expenses$12,520
Net income$23,703
Source fields
Schedule I source fields
Filing Id
84037302178059
Schedule I EIN
75-2950821
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2008-01-01
Schedule I Tax Period
20081231
Small plan total assets at beginning of year
$96,253
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$96,253
Small plan total assets at end of year
$119,955
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$119,955
Small plan employer contributions
$33,426
Small plan participant contributions
$57,484
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$-54,687
Small plan total income
$36,223
Small plan total benefit distributions
$12,480
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$40
Small plan total expenses
$12,520
Small plan net income or loss
$23,703
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
No
Small Mortg Participants End of year Amount
$0
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$20,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN16-1470238

Transfers

Distributed property value$0
Schedule R source fields
Payor 16-1470238
Filing Id
84037302178059
Schedule R EIN
75-2950821
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2008-01-01
Schedule R Tax Period
20081231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
16-1470238
Pension Bnft Distribution Sngl Sum Count
0
Pension Elec Satisfy Code 412 Indicator
3
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0
Pension Chg Fndng Method Indicator
3