Retirement plan

SOLAR SAVINGS AND INVESTMENT PLAN

Name: SOLAR TURBINES INCORPORATED - SOLAR SAVINGS AND INVESTMENT PLAN (2016) Form 5500
Creator: SOLAR TURBINES INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOLAR SAVINGS AND INVESTMENT PLAN, SOLAR TURBINES INCORPORATED

SOLAR TURBINES INCORPORATEDEIN 95-3621514Plan #013PY 2016

2200 PACIFIC HIGHWAY - SAN DIEGO, CA 92101619-544-5407LinkedIn1-10 employees

Other plans on this EIN

2 filings

#006Retirement-$207.5M assets #014Retirement--

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed September 22, 2009 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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How to read this page

Total assets (EOY)

$197.3M

No prior year

Total participants

1,746

No prior year

Average account balance

$117,643

No prior year

Annual return

18.23%

No prior year

Benchmarks

See 780 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort780 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$548.94M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$222K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,477

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+34.56%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$158

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
THE BANK OF NEW YORK MELLON2+ years Filed as: PERSHING LLC Service code 59 · EIN 13-2741729	Shareholder Servicing	$278,523
HEWITT ASSOCIATES LLC2+ years Filed as: HEWITT FINANCIAL SERVICES LLC Service code 33 · EIN 36-3943169	Finders' fees / placement fees; Direc...	$148,716
AON CONSULTING2+ years Filed as: AON HEWITT FINANCIAL ADVISORS, LLC Service code 26 · EIN 36-3943169	Advisory (Participants)	$106,183
PRICEWATERHOUSECOOPERS LLP2+ years Service code 10 · EIN 13-4008324	Accounting	$38,500
HEWITT ASSOCIATES LLC2+ years Service code 15 · EIN 36-2235791	Recordkeeping	$37,419
STRATEGIC BENEFIT ADVISORS2+ years Service code 13 · EIN 03-0415817	Contract Administrator	$29,964
NORTHERN TRUST COMPANY2+ years Service code 21 · EIN 36-1561860	Bank Trustee	$16,617

Plan features & details

Pension benefit codes2F2G2J2K2O2R2S2T3F3H

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$234K

$169 / participant

Investment mgmt$140K59.9%
Contract admin$37K16.0%
Other / not subdivided$56K24.1%

% of EOY assets

0.119%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,643

$80,211+46.7%

$74,183+58.6%

$63,975+83.9%

Participation rate

95.0%

84.2%+10.9pp

76.6%+18.4pp

71.1%+23.9pp

Annual return

18.23%

14.13%+4.1pp

17.74%+0.5pp

48.65%-30.4pp

Employer contribution / active EE

$2,550

$2,553-0.1%

$2,370+7.6%

$2,182+16.9%

Participant deferral / active EE

$4,619

$4,370+5.7%

$3,550+30.1%

$3,356+37.6%

Admin fee / account holder

$140

$67+107.9%

$5,586-97.5%

$70+98.3%

Provider

Service type

Compensation

THE BANK OF NEW YORK MELLON2+ years

Filed as: PERSHING LLC

Service code 59 · EIN 13-2741729

Shareholder Servicing

$278,523

HEWITT ASSOCIATES LLC2+ years

Filed as: HEWITT FINANCIAL SERVICES LLC

Service code 33 · EIN 36-3943169

Finders' fees / placement fees; Direc...

$148,716

AON CONSULTING2+ years

Filed as: AON HEWITT FINANCIAL ADVISORS, LLC

Service code 26 · EIN 36-3943169

Advisory (Participants)

$106,183

PRICEWATERHOUSECOOPERS LLP2+ years

Service code 10 · EIN 13-4008324

Accounting

$38,500

HEWITT ASSOCIATES LLC2+ years

Service code 15 · EIN 36-2235791

Recordkeeping

$37,419

STRATEGIC BENEFIT ADVISORS2+ years

Service code 13 · EIN 03-0415817

Contract Administrator

$29,964

NORTHERN TRUST COMPANY2+ years

Service code 21 · EIN 36-1561860

Bank Trustee

$16,617

SOLAR SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOLAR SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion