Plan5500

Solaero Technologies Corp. 401(K) Plan — Form 5500 plan (Solaero Technologies Corp.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Solaero Technologies Corp. 401(K) Plan is a benefit plan reported by Solaero Technologies Corp. under EIN 47-1941203 and plan number 001. The latest loaded filing year is 2023. The filing reports 597 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants597Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$104.9K2 Schedule C provider row(s)$104,858
Plan sponsor
Solaero Technologies Corp.
EIN
47-1941203
Plan number
001
Plan type
2
Location
Albuquerque, NM
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    597 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Money in vs. money out
Total income / additions$3.8M
Total expenses$3.6M
Benefits paid / distributions$3.5M
Contributions
Employer$579.7K
Participant$1.9M
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$28,412,043

Income & contributions

Employer contributions
$579,720
Participant contributions
$1,872,818
Total contributions
$2,467,288
Total income / additions
$3,794,241

Expenses & distributions

Benefits paid
$3,531,593
Administrative expenses
$104,820
Total expenses
$3,636,413
Net increase / (decrease)
$157,828
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 24%Participant 76%
Benefits paid ÷ total income93%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Prudential Retirement Insurance And$56.8K
    NONE · Direct $56.8K · Indirect $0
  2. 2
    Pensionmark Financial Group LLC$48K
    NONE · Direct $48K

What to inspect next

Frequently asked questions

Who sponsors the Solaero Technologies Corp. 401(K) Plan?
Solaero Technologies Corp. 401(K) Plan is reported as sponsored by Solaero Technologies Corp. (EIN 47-1941203, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Solaero Technologies Corp. 401(K) Plan?
The latest Form 5500 filing year loaded for Solaero Technologies Corp. 401(K) Plan is 2023.
How many participants does Solaero Technologies Corp. 401(K) Plan report?
Solaero Technologies Corp. 401(K) Plan reports 597 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Solaero Technologies Corp. 401(K) Plan?
Solaero Technologies Corp. 401(K) Plan reports $0 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages