Plan Snapshot
- Plan Sponsor: Sunpower Corporation
- Sponsor EIN: 943008969
- Sponsor Address: 880 HARBOUR WAY SOUTH, RICHMOND, CA, 94804
- Plan Type: 401(k)
- Total Participants: 2,106
- Total Assets: $155.4M
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. |
|---|---|---|---|---|
| 2023 | 2,106 | $155.4M | $5.1M | $15.2M |
| 2022 | 2,401 | $134.3M | $4.8M | $14.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $97,778 | — | $97,778 |
| MOSS ADAMS LLP | Auditor | $5,661 | — | $5,661 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MOSS ADAMS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,439
- Estimated Expense Ratio: 0.067% 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 |
|---|---|---|---|---|---|
| 2023 | $44,493 | — | $38,832 | $5,661 | — |
| 2022 | $38,417 | — | $36,317 | — | — |