Plan Snapshot
- Plan Sponsor: First Solar, INC.
- Sponsor EIN: 204623678
- Sponsor Address: 28101 CEDAR PARK BLVD, PERRYSBURG, OH, 43551
- Plan Type: 401(k)
- Total Participants: 3,960
- Total Assets: $361.5M
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 | 3,960 | $361.5M | $10.6M | $20.6M |
| 2023 | 2,791 | $308.8M | $8.1M | $16.2M |
| 2022 | 2,490 | $255.1M | $5.8M | $12.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $124,854 | — | $124,854 |
| GLOBAL RETIREMENT PARTNERS, LLC | INVESTMENT ADVISOR | $75,000 | — | $75,000 |
| GBQ PARTNERS LLC | ACCOUNTANT/AUDITOR | $15,750 | — | $15,750 |
| IGRAD LLC | INVESTMENT ADVISOR | $15,100 | — | $15,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS, LLC — INVESTMENT ADVISOR
- GBQ PARTNERS LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $230,704
- Estimated Expense Ratio: 0.064% of plan assets
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 | $230,704 | — | $1,800 | $15,750 | — |
| 2023 | $251,710 | — | $1,200 | $15,000 | — |
| 2022 | $240,669 | — | — | — | — |