Employers › First Solar
Recordkeeping fees per participant · First Solar, Inc. 401(k) Plan · plan year 2024
$25.22
Higher than 21% of the 1,697 plans $250M to 1B that report it.
= $123,054 / 4,880
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250930075553NAL0016170387001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930075553NAL0016170387001, received 2025-09-30
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-30.
Administrative expenses excluding investment management, per participant
$47.28
Higher than 29% of the 2,324 plans $250M to 1B that report it.
= $230,704 / 4,880
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250930075553NAL0016170387001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930075553NAL0016170387001, received 2025-09-30
Administrative expenses per participant
$47.28
Higher than 19% of the 2,405 plans $250M to 1B that report it.
= $230,704 / 4,880
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930075553NAL0016170387001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930075553NAL0016170387001, received 2025-09-30
Administrative expenses as a share of assets
0.064%
Higher than 44% of the 2,407 plans $250M to 1B that report it.
= $230,704 / $361,455,968
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930075553NAL0016170387001, received 2025-09-30
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250930075553NAL0016170387001, received 2025-09-30
Employer contributions per participant
$2,172
Higher than 30% of the 2,457 plans $250M to 1B that report it.
= $10,597,208 / 4,880
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250930075553NAL0016170387001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930075553NAL0016170387001, received 2025-09-30
Employer share of total contributions
30.0%
Higher than 46% of the 2,459 plans $250M to 1B that report it.
= $10,597,208 / $35,369,044
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250930075553NAL0016170387001, received 2025-09-30
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250930075553NAL0016170387001, received 2025-09-30
Plan terms are described in First Solar, Inc.'s SEC filings: Form 10-K filed 2026-02-24. No term could be quoted from them with the required precision.
2T default investment (QDIA) · 3F · 3H controlled-group sponsor · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250930075553NAL0016170387001, received 2025-09-30
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FIRST SOLAR, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Plan name | FIRST SOLAR, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Sponsor EIN / plan number | 20-4623678 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Sponsor location | PERRYSBURG, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Industry (business code) | 339900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Filing received | 2025-09-30 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Participants, beginning of year | 3,901 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Active participants | 3,960 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Participants, end of year | 5,081 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Participants with an account balance | 4,880 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Total assets, beginning of year | $308,844,427 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Total assets, end of year | $361,455,968 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Net assets, end of year | $361,455,968 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Total income | $82,267,690 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Net income | $52,611,541 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Employer contributions | $10,597,208 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Participant contributions | $20,647,747 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Other contributions (incl. rollovers) | $4,124,089 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Total contributions | $35,369,044 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Benefit payments | $29,430,487 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Total expenses (incl. benefit payments) | $29,656,149 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Total administrative expenses | $230,704 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Contract administrator fees | $1,800 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Recordkeeping fees | $123,054 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| IQPA audit fees | $15,750 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Administrative expenses excluding investment management | $230,704 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Held in mutual funds | $349,336,315 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250930075553NAL0016170387001, received 2025-09-30 |
| Independent auditor | GBQ PARTNERS LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250930075553NAL0016170387001, received 2025-09-30 |
Position = column in the DOL layout for form year 2024. Filing 20250930075553NAL0016170387001, received 2025-09-30.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $124,854 | yes |
| GLOBAL RETIREMENT PARTNERS, LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $75,000 | no |
| GBQ PARTNERS LLC | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $15,750 | no |
| IGRAD LLC | INVESTMENT ADVISOR | 26 Investment advisory (participants) | $15,100 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250930075553NAL0016170387001, received 2025-09-30.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $308,844,427 | $361,455,968 | 17.0% |
| Participants with a balance | 3,820 | 4,880 | 27.7% |
| Administrative expenses | $251,710 | $230,704 | -8.3% |
| Recordkeeping fees per participant | $25.13 | $25.22 | 0.3% |
| Employer contributions | $8,063,291 | $10,597,208 | 31.4% |
Prior filing 20240904131908NAL0011147779001, received 2024-09-04; the plan years are contiguous.
Sponsor name as filed: FIRST SOLAR, INC.; SEC registrant: FIRST SOLAR, INC. (CIK 1274494, matched by EIN; display name from the Form 10-K cover).