Solv Energy 401(K) Plan — Form 5500 plan (Solv Energy, LLC)

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, Solv Energy 401(K) Plan is a benefit plan reported by Solv Energy, LLC under EIN 47-4673720 and plan number 001. The latest loaded filing year is 2023. The filing reports 836 participants and $101,523,494 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Solv Energy, LLC
EIN
47-4673720
Plan number
001
Plan type
2
Location
San Diego, CA
Latest filing year
2023
Participants
836
End-of-year plan assets
$101,523,494

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023836H, C20241011144400NAL0022068833001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$101,523,494
Total liabilities (EOY)
$0
Net assets (EOY)
$101,523,494
Net assets (BOY)
$82,219,689

Income & contributions

Employer contributions
$6,244,341
Participant contributions
$7,516,372
Total contributions
$16,561,903
Total income / additions
$30,563,428

Expenses & distributions

Benefits paid
$14,455,842
Administrative expenses
$223,957
Total expenses
$14,679,799
Net increase / (decrease)
$15,883,629

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$223,956$02023
Nfp RetirementINVESTMENT ADVISORY$0$45,0002023
Cbiz Cpas P.C.ACCOUNTANT$0$18,9592023

Related Form 5500 pages