Plan Snapshot
- Plan Sponsor: Solaredge Technologies, INC.
- Sponsor EIN: 205338862
- Sponsor Address: 700 EAST TASMAN DRIVE, MILPITAS, CA, 95035
- Plan Type: 401(k)
- Total Participants: 289
- Total Assets: $26.4M
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 | 289 | $26.4M | $1.2M | $2.5M |
| 2023 | 319 | $22.7M | $1.4M | $2.9M |
| 2022 | 315 | $15.6M | $1.0M | $2.2M |
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 CORP | 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 | $62,114 | $544 | — | — | — |
| 2023 | $48,404 | $75 | — | — | — |
| 2022 | $80,800 | — | — | — | — |