Plan Snapshot
- Plan Sponsor: Sonray Solar, INC.
- Sponsor EIN: 263838351
- Sponsor Address: 4161 CITRUS AVENUE, ROCKLIN, CA, 95677
- Plan Type: 401(k)
- Total Participants: 262
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 262 | $13.7M | $369,404 | $649,086 |
| 2023 | 286 | $12.0M | $387,773 | $751,846 |
| 2022 | 278 | $9.7M | $418,400 | $764,401 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — 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 | $70,645 | $70,645 | — | — | — |
| 2023 | $57,201 | $57,201 | — | — | — |
| 2022 | $47,979 | $47,979 | — | — | — |