401k Record

Employers › FTC Solar

FTC Solar 401(k)

Administrative expenses excluding investment management, per participant · FTC Solar, Inc. 401(k) Plan · plan year 2024

$44.61

Higher than 29% of the 14,713 plans $1 to 10M that report it.

Source

= $6,469 / 145
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010143452NAL0004706483001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010143452NAL0004706483001, received 2025-10-10

10th: $13.66median $103.3390th: $302.77

Percentiles compare this plan with the Schedule H plans $1 to 10M 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 2025-10-10.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$44.61

10th: $19.42median $150.2790th: $370.75

Higher than 21% of the 15,210 plans $1 to 10M that report it.

Source

= $6,469 / 145
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010143452NAL0004706483001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010143452NAL0004706483001, received 2025-10-10

Administrative expenses as a share of assets

0.074%

10th: 0.069%median 0.519%90th: 1.146%

Higher than 11% of the 15,243 plans $1 to 10M that report it.

Source

= $6,469 / $8,752,689
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010143452NAL0004706483001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010143452NAL0004706483001, received 2025-10-10

Employer contributions per participant

$1,791

10th: $357median $1,32390th: $2,861

Higher than 67% of the 13,342 plans $1 to 10M that report it.

Source

= $259,696 / 145
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010143452NAL0004706483001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010143452NAL0004706483001, received 2025-10-10

Employer share of total contributions

30.5%

10th: 11.9%median 28.9%90th: 43.6%

Higher than 56% of the 13,370 plans $1 to 10M that report it.

Source

= $259,696 / $851,472
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010143452NAL0004706483001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010143452NAL0004706483001, received 2025-10-10

Plan terms, as stated in FTC Solar, Inc.'s SEC filings

Employer match

“We make matching contributions equal to 100% of the first 3% and 50% of the next 2% of an employee's contribution.”

Form 10-K filed 2026-03-24, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document

Vesting

“Employee and company contributions are both immediately vested.”

Form 10-K filed 2026-03-24, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document

Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010143452NAL0004706483001, received 2025-10-10

Full record, FTC Solar, Inc. 401(k) Plan

FieldValueSource
Plan sponsorFTC SOLAR, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010143452NAL0004706483001, received 2025-10-10
Plan nameFTC SOLAR, INC. 401K PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251010143452NAL0004706483001, received 2025-10-10
Sponsor EIN / plan number81-4816270 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010143452NAL0004706483001, received 2025-10-10
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010143452NAL0004706483001, received 2025-10-10
Sponsor locationAUSTIN, TXForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010143452NAL0004706483001, received 2025-10-10
Industry (business code)237100, ConstructionForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010143452NAL0004706483001, received 2025-10-10
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010143452NAL0004706483001, received 2025-10-10
Filing received2025-10-10Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010143452NAL0004706483001, received 2025-10-10
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010143452NAL0004706483001, received 2025-10-10
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251010143452NAL0004706483001, received 2025-10-10
Participants, beginning of year0Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010143452NAL0004706483001, received 2025-10-10
Active participants82Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010143452NAL0004706483001, received 2025-10-10
Participants, end of year145Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010143452NAL0004706483001, received 2025-10-10
Participants with an account balance145Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010143452NAL0004706483001, received 2025-10-10
Total assets, beginning of year$0Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010143452NAL0004706483001, received 2025-10-10
Total assets, end of year$8,752,689Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010143452NAL0004706483001, received 2025-10-10
Net assets, end of year$8,752,689Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010143452NAL0004706483001, received 2025-10-10
Total income$1,062,370Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010143452NAL0004706483001, received 2025-10-10
Net income$276,681Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010143452NAL0004706483001, received 2025-10-10
Employer contributions$259,696Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010143452NAL0004706483001, received 2025-10-10
Participant contributions$573,799Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010143452NAL0004706483001, received 2025-10-10
Other contributions (incl. rollovers)$17,977Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010143452NAL0004706483001, received 2025-10-10
Total contributions$851,472Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010143452NAL0004706483001, received 2025-10-10
Benefit payments$765,934Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010143452NAL0004706483001, received 2025-10-10
Total expenses (incl. benefit payments)$785,689Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010143452NAL0004706483001, received 2025-10-10
Total administrative expenses$6,469Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010143452NAL0004706483001, received 2025-10-10
Contract administrator fees$6,269Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251010143452NAL0004706483001, received 2025-10-10
Administrative expenses excluding investment management$6,469derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010143452NAL0004706483001, received 2025-10-10
Held in common/collective trusts$6,420,787Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251010143452NAL0004706483001, received 2025-10-10
Held in mutual funds$1,836,187Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010143452NAL0004706483001, received 2025-10-10
Independent auditorINSERO & CO. CPAS, LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010143452NAL0004706483001, received 2025-10-10

Position = column in the DOL layout for form year 2024. Filing 20251010143452NAL0004706483001, received 2025-10-10.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
VOYA RETIREMENT INSURANCE & ANNUITYrecordkeeperRECORDKEEPER 26 Investment advisory (participants) $6,269no
B. RILEY WEALTH MANAGEMENT, INCBROKER/DEALER 55 Other commissions $200yes

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 20251010143452NAL0004706483001, received 2025-10-10.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

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Sponsor name as filed: FTC SOLAR, INC.; SEC registrant: FTC Solar, Inc. (CIK 1828161, matched by EIN; display name from the Form 10-K cover).