Plan Snapshot
- Plan Sponsor: Solar Turbines Incorporated
- Sponsor EIN: 953621514
- Sponsor Address: 2200 PACIFIC HIGHWAY, SAN DIEGO, CA, 92101
- Plan Type: 401(k)
- Plan Number: 013
- Total Participants: 2,519
- Total Assets: $548.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,519 | $548.9M | $0 | $0 |
| 2024 | 1,516 | $423.0M | $8.5M | $10.2M |
| 2023 | 1,494 | $375.3M | $7.6M | $9.2M |
| 2022 | 1,162 | $318.1M | $6.2M | $7.7M |
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 |
|---|---|---|---|---|
| ALIGHT FINANCIAL ADVISORS, LLC | Other Service Provider | $161,684 | — | $161,684 |
| STRATEGIC BENEFIT ADVISORS | Other Service Provider | $96,267 | — | $96,267 |
| PRICEWATERHOUSECOOPERS LLP | Other Service Provider | $56,500 | — | $56,500 |
| ALIGHT SOLUTIONS LLC | Other Service Provider | $33,060 | — | $33,060 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $28,982 | — | $28,982 |
| PERSHING LLC | Other Service Provider | — | $28,611 | $28,611 |
| ALIGHT FINANCIAL SOLUTIONS, LLC | Other Service Provider | — | $19,270 | $19,270 |
| CATERPILLAR INC | Other Service Provider | $10,456 | — | $10,456 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $434,830
- Estimated Expense Ratio: 0.079% 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 |
|---|---|---|---|---|---|
| 2025 | $40,889,570 | $164,275 | $96,267 | $56,500 | — |
| 2024 | $237,463 | $145,099 | $17,813 | $20,799 | — |
| 2023 | $215,560 | $128,039 | $13,780 | $16,265 | — |
| 2022 | $240,307 | $178,784 | $21,220 | — | $40,303 |