Plan Ledger DOL Form 5500 · updated monthly

Solid Power Operating, Inc.401(k)

SOLID POWER INC. 401(K) PROFIT SHARING PLAN AND TRUST · LOUISVILLE, CO · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Solid Power Operating, Inc. reported $69,458 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,996 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 0.57% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 612th-largest of 1,461 plans among Colorado employers on file, and 6,319th of 11,654 in professional & technical services. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 217 to 259 since 2022.

Plan summary
Net assets, end of year$16,113,701
Participants with balances314
Active participants259
Employer contributions$1,293,847
Employee contributions$2,609,270
Employer contribution per active participant$4,996
Average account balance$51,318
Benefits paid to participants$2,873,246
Plan auditUnmodified (clean) audit opinion
AuditorK FINANCIAL, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 314 accts · $1.3M emplr
2023$11.8M · 284 accts · $1.1M emplr
2022$6.7M · 208 accts · $625K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,918
Investment management$38,540
Total administrative$69,458
The Solid Power Operating, Inc. 401(k) match · 2024
Employer contribution per active participant$4,996
Median for plans this size$2,416
2024$4,996 per active participant
2023$4,459 per active participant
2022$2,882 per active participant

Solid Power Operating, 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$32,951
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,940
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,589

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

Administrative cost history3
2024$69,458 · 0.50%
2023$44,318 · 0.48%
2022$32,572 · 0.57%
Same employer
Similar plansProfessional & Technical Services · Colorado
Spinnaker Support, LLC CO$16.8M · 0.12%
Westrian Group, Inc. CO$16.4M · 0.40%
Lumivero, LLC CO$16.3M · 0.32%
Thirdera, LLC CO$15.9M · 0.34%
Messner Reeves LLP CO$15.5M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364715727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.