Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Solar Turbines Incorporated Non-Contributory Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Solar Turbines Incorporated Β· California Β· Manufacturing

What the 2023 filing shows

Solar Turbines Incorporated Non-Contributory Retirement Plan holds $277M for 915 participants - about $302,380 per participant, down 26.1% over the 2022 plan year.

$277M
total plan assets (2022 EOY)
915
covered participants
$302,380
avg assets per participant
-26.1%
assets change YoY

The plan reported a net loss of $98M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$277M
Participants
915
State
Industry
Manufacturing

What the Filing Says About Solar Turbines Incorporated Non-Contributory Retirement Plan

Solar Turbines Incorporated Non-Contributory Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Solar Turbines Incorporated, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $277M in total end-of-year assets and covers 915 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 953621514, and the plan has been effective since 1981-07-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $374M at the beginning of 2022 to $277M at year-end β€” a decline of 26.1%. Net assets (after liabilities) closed the year at $277M, with reported net income of $-97,702,756 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$374M
Total Assets (End of Year)$277M
Net Assets (End of Year)$277M
Net Income$-97,702,756
Plan TypeDefined Benefit (Pension)
Employer EIN953621514
Plan Effective Date1981-07-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Solar Turbines Incorporated)

Year Plans Participants Total Assets
2022 2 1,869 $595M
2023 2 1,762 $663M
2024 2 2,312 $697M

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Solar Turbines Incorporated Non-Contributory Retirement Plan?
As of the 2022 Form 5500 filing, Solar Turbines Incorporated Non-Contributory Retirement Plan holds $277M in total assets with 915 participants. It is sponsored by Solar Turbines Incorporated.
What type of plan is Solar Turbines Incorporated Non-Contributory Retirement Plan?
Solar Turbines Incorporated Non-Contributory Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1981-07-31. The plan is filed with the U.S. Department of Labor under EIN 953621514.
Who sponsors the Solar Turbines Incorporated Non-Contributory Retirement Plan?
Solar Turbines Incorporated Non-Contributory Retirement Plan is sponsored by Solar Turbines Incorporated, located in California. The sponsor's EIN is 953621514 and the plan operates in the Manufacturing industry.
How did Solar Turbines Incorporated Non-Contributory Retirement Plan perform in 2022?
Solar Turbines Incorporated Non-Contributory Retirement Plan declined by 26.1% during 2022, moving from $374M to $277M in total assets. Net income was $-97,702,756.
Where can I find official filings for Solar Turbines Incorporated Non-Contributory Retirement Plan?
Official Form 5500 filings for Solar Turbines Incorporated Non-Contributory Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 953621514 or plan name at efast.dol.gov.
How does Solar Turbines Incorporated Non-Contributory Retirement Plan compare to other plans?
You can compare Solar Turbines Incorporated Non-Contributory Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 953621514.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.