Plan Snapshot
- Plan Sponsor: Solid Power Operating, INC.
- Sponsor EIN: 364715727
- Sponsor Address: 486 S PIERCE AVE SUITE E, LOUISVILLE, CO, 80027
- Plan Type: 401(k)
- Total Participants: 259
- Total Assets: $16.1M
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 | 259 | $16.1M | $1.3M | $2.6M |
| 2023 | 254 | $11.8M | $1.1M | $2.1M |
| 2022 | 217 | $6.7M | $625,371 | $1.3M |
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 |
|---|---|---|---|---|
| K FINANCIAL, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- K FINANCIAL, INC. — Auditor
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 | $69,458 | $38,540 | — | — | — |
| 2023 | $44,318 | $24,639 | — | — | — |
| 2022 | $32,572 | — | — | — | — |