Plan Snapshot
- Plan Sponsor: Solv Energy, LLC
- Sponsor EIN: 474673720
- Sponsor Address: 16680 WEST BERNARDO DRIVE, SAN DIEGO, CA, 921271900
- Plan Type: 401(k)
- Total Participants: 1,093
- Total Assets: $114.0M
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 | 1,093 | $114.0M | $3.8M | $8.6M |
| 2023 | 937 | $101.5M | $6.2M | $7.5M |
| 2022 | 734 | $82.2M | $2.3M | $5.4M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $241,126 | — | $241,126 | — | — |
| 2023 | $223,957 | — | $223,957 | — | — |
| 2022 | $136,383 | — | $136,383 | — | — |