Solaredge Retirement Plan — Form 5500 plan (Solaredge Technologies, Inc.)
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, Solaredge Retirement Plan is a benefit plan reported by Solaredge Technologies, Inc. under EIN 20-5338862 and plan number 001. The latest loaded filing year is 2023. The filing reports 433 participants and $22,677,418 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$22.7MPlan net assets, end of year$22,677,418
Participants433Covered participants reported
Assets / participant$52.4KComputed: assets ÷ participants$52,373 (computed)
Provider compensation$48.4K2 Schedule C provider row(s)$48,403
- Plan sponsor
- Solaredge Technologies, Inc.
- EIN
- 20-5338862
- Plan number
- 001
- Plan type
- 2
- Location
- Milpitas, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 433 | H, C | 20241011114343NAL0022683617001 |
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.
Reported balance (end of year)$22.7M total assets
Net assets$22.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $22,677,418
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,677,418
- Net assets (BOY)
- $15,640,655
Income & contributions
- Employer contributions
- $1,364,403
- Participant contributions
- $2,853,326
- Total contributions
- $5,256,613
- Total income / additions
- $8,694,343
Expenses & distributions
- Benefits paid
- $1,595,966
- Administrative expenses
- $48,404
- Total expenses
- $1,657,580
- Net increase / (decrease)
- $7,036,763
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.
32%68%
Employer 32%Participant 68%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income18%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $48,403 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |