Plan Snapshot
- Plan Sponsor: Canadian Solar Usa INC.
- Sponsor EIN: 651307697
- Sponsor Address: 1350 TREAT BLVD, WALNUT CREEK, CA, 94597
- Plan Type: 401(k)
- Total Participants: 2,009
- Total Assets: $50.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,009 | $50.0M | $5.7M | $7.5M |
| 2023 | 460 | $33.3M | $2.1M | $3.9M |
| 2022 | 217 | $25.4M | $870,535 | $2.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SILICON VALLEY ACCOUNTANCY CORPORAT | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $40,846 | — | $40,846 | — | — |
| 2023 | $14,065 | — | $14,065 | — | — |
| 2022 | $19,125 | $6,010 | $13,115 | — | — |