Let G be a finite group and ψ(G) = g∈G o(g), where o(g) denotes the order of g ∈ G. In [M. Herzog, et. al., Two new criteria for solvability of finite groups, J. Algebra, 2018], the authors put forward the following conjecture: Conjecture. If G is a group of order n and ψ(G) > 211ψ(C n )/1617, where C n is the cyclic group of order n, then G is solvable.In this paper we prove the validity of this conjecture.2000 Mathematics Subject Classification. 20D60, 20F16.