Claims Services Group, LLC 401(k) Review & Grade
Solera Holdings, LLC Retirement Savings Plan
Westlake, TXProfessional, Scientific & Technical Services2,914 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,268Employer $ per active participant
$6,142Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$314.9MNet plan assets, end of year
$62,093Average balance per account
Score breakdown
- Employer generosity20.2 / 5040th percentile for employer $ per participant
- Low cost12.9 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving4.8 / 1532th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-20 pts2 issues reported on the filing
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 52th |
| Employee saving | 32th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($2,199,137 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Claims Services Group put in about $2,268 per active participant, below the typical peer ($2,951). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,610,370 |
| Participant (employee) contributions | $17,897,815 |
| Other contributions (incl. rollovers in) | $1,786,049 |
| Administrative expenses paid from the plan | $351,516 |
| Benefits paid out | $37,600,127 |
| Net assets, start / end of year | $287.7M / $314.9M |
| Active participants, start / end of year | 2,947 / 2,881 |
| Participants with account balances | 5,071 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $281,176 reported compensation |
| Baker Tilly US, LLP | $52,540 reported compensation |
| Moss Adams LLP | $17,800 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013161637NAL0000808035001, received 2025-10-13, EIN 94-2617005, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.