# Solar Turbines Incorporated 401(k) Plan
Source: https://planprovider.pro/companies/solar-turbines-incorporated-401k-plan

> Solar Turbines Incorporated's 401(k) plan: 1,516 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Solar Turbines Incorporated

- **Sponsor EIN:** 953621514

- **Sponsor Address:** 2200 PACIFIC HIGHWAY, SAN DIEGO, CA, 92101

- **Plan Type:** 401(k)

- **Total Participants:** 1,516

- **Total Assets:** $423.0M

## 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.|

| 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|

| PRICEWATERHOUSECOOPERS LLP|Auditor|$20,799|—|$20,799|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [PRICEWATERHOUSECOOPERS LLP](https://planprovider.pro/provider/pricewaterhousecoopers-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $20,799

- **Estimated Expense Ratio:** 0.005% 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|$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|

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