Plan Ledger DOL Form 5500 · updated monthly

Solar Mosaic LLC401(k)

SOLAR MOSAIC, LLC. 401(K) PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Solar Mosaic LLC reported $11,353 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,806 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio rose from 0.05% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 4,585th-largest of 9,483 plans among California employers on file, and 3,607th of 4,798 in finance & insurance. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has shrunk from 264 to 155 since 2022.

Plan summary
Net assets, end of year$13,922,126
Participants with balances257
Active participants155
Employer contributions$744,980
Employee contributions$1,926,080
Employer contribution per active participant$4,806
Average account balance$54,172
Benefits paid to participants$4,757,806
Plan auditDisclaimer of opinion
AuditorLAW OFFICE OF MATTHEW J. BORROR
Plan history4
Yearassets · accounts · employer contribution
2025$8.9M · 131 accts · $567K emplr
2024$13.9M · 257 accts · $745K emplr
2023$13.9M · 348 accts · $1.2M emplr
2022$8.9M · 354 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,353
Total administrative$11,353
The Solar Mosaic LLC 401(k) match · 2024
Employer contribution per active participant$4,806
Median for plans this size$2,416
2025$189,031 per active participant
2024$4,806 per active participant
2023$7,652 per active participant
2022$4,198 per active participant

Solar Mosaic LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Recordkeeping · Loan processing$11,352
ADP BROKER DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025ADP, LAW OFFICE OF MATTHEW J. BORROR
2024ADP
2023ADP

This plan has changed recordkeepers within these filings. If you left Solar Mosaic LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$45,904 · 0.40%
2024$11,353 · 0.08%
2023$6,540 · 0.06%
2022$4,089 · 0.05%
Same employer
Similar plansFinance & Insurance · California
United Security Bank CA$14.2M · 0.24%
Assemi Group, Inc. CA$14.2M · 0.14%
At-Bay, Inc. CA$14.1M · 0.70%
Amwest Funding Corp. CA$13.9M · 0.22%
US Metro Bank CA$13.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611653655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.