Plan Ledger DOL Form 5500 · updated monthly

Solaredge Technologies, Inc.401(k)

SOLAREDGE RETIREMENT PLAN · MILPITAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Solaredge Technologies, Inc. reported $62,114 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,169 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 2 years on file its reported administrative ratio fell from 0.50% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,968th-largest of 9,483 plans among California employers on file, and the 1,676th of 5,337 in construction. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,356,818
Participants with balances429
Active participants289
Employer contributions$1,204,900
Employee contributions$2,533,900
Employer contribution per active participant$4,169
Average account balance$61,438
Benefits paid to participants$3,685,976
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 429 accts · $1.2M emplr
2023$22.7M · 472 accts · $1.4M emplr
2022$15.6M · 407 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,570
Investment management$544
Total administrative$62,114
The Solaredge Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,169
Median for plans this size$2,416
2024$4,169 per active participant
2023$4,277 per active participant
2022$3,220 per active participant

Solaredge Technologies, Inc.'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. · Loan processing · Recordkeeping$62,114
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 year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$62,114 · 0.25%
2023$48,404 · 0.25%
2022$80,800 · 0.50%
Same employer
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Zim Industries, Inc CA$25.6M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205338862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.