Plan Snapshot
- Plan Sponsor: Sunrun INC.
- Sponsor EIN: 262841711
- Sponsor Address: 600 CALIFORNIA STREET, SUIT 800, SAN FRANCISCO, CA, 94108
- Plan Type: 401(k)
- Total Participants: 9,452
- Total Assets: $366.3M
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 | 9,452 | $366.3M | $20.0M | $48.7M |
| 2023 | 8,215 | $291.6M | $23.0M | $51.8M |
| 2022 | 9,675 | $211.5M | $21.6M | $48.1M |
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 O | RECORDKEEPER | $938,688 | — | $938,688 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $204,434 | — | $204,434 |
| PLANTE AND MORAN | AUDITOR | $78,815 | — | $78,815 |
| GLOBAL RETIREMENT PARTNERS LLC | OTHER | $74,000 | — | $74,000 |
| MMA SECURITIES LLC | AUDITOR | $22,782 | — | $22,782 |
| PLANTE MORAN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,318,719
- Estimated Expense Ratio: 0.360% 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 |
|---|---|---|---|---|---|
| 2024 | $1,158,378 | $283,249 | — | — | — |
| 2023 | $1,307,359 | $197,633 | — | $55,000 | — |
| 2022 | $949,595 | $225,946 | $723,649 | — | — |