401(k) · DOL Form 5500 · 2022

Shoal Technologies Group, LLC 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
425
Participants Below avg headcount
33rd
Percentile by assets National rank
$4,543
Avg per participant Low balance/head
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Official DOL plan name: Shoals Technologies Group 401(k) Profit Sharing Plan · Sponsored by Shoal Technologies Group, LLC · Tennessee · Manufacturing

$2M in assets, 425 participants

Shoal Technologies Group, LLC's Shoals Technologies Group 401(k) Profit Sharing Plan reported $2M in total assets and 425 participants in its 2022 DOL Form 5500 filing, ranking in the 33rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,541 in Manufacturing (20,602 peers)

Coverage in Tennessee

Shoals Technologies Group 401(k) Profit Sharing Plan covers 425 participants in Tennessee, about 38% of the average Tennessee filer (state average ~1,126 per filing). Assets: $2M.

#3,541
in Manufacturing (20,602 peers)
+71.8%
assets growth YoY

Shoals Technologies Group 401(k) Profit Sharing Plan among the smaller filed plans by assets

Shoals Technologies Group 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,930,665 33rd percentile higher than 33% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Shoals Technologies Group 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shoals Technologies Group 401(k) Profit Sharing Plan sits mid-pack in the medium band (425 participants).

Plan-year Form 5500 strip

Filing strip 900346780 · Shoal Technologies Group, LLC PY 2022 · 401(k)

Shoals Technologies Group 401(k) Profit Sharing Plan · $2M · 425 · 33rd

  • TYPE $2M
  • NET 425
  • BOOK 33rd
  • VS-ST 401(k)
  • BOY near Tricare Medical Transportation 401(k) Profit Sharing Plan & Trust
  • SCH ind #3541

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Tennessee →

Shoals Technologies Group 401(k) Profit Sharing Plan in the asset neighbourhood

Shoals Technologies Group 401(k) Profit Sharing PlanShoals Technologies Group 40…$2MTricare Medical Transportation 401(k) Profit Sharing Plan & TrustTricare Medical Transportati…$2MPanhandle Grading & Paving, Inc. 401(k) PlanPanhandle Grading & Paving, …$2MShelter House, Inc. 401(k) PlanShelter House, Inc. 401(k) P…$2MThomas a Base Dmd Profit Sharing and Employee Savings Benefit PlanThomas a Base Dmd Profit Sha…$2M
End-of-year total assets ($M) among Shoals Technologies Group 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$807K
Employer EIN900346780
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shoal Technologies Group, LLC)

Sponsor-wide plan assets over time

All Shoal Technologies Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$6M 201.9109477822408% vs 2022
2024 filing year
$0M$2M$4M$6M$8M 202220232024 $1.93M $5.83M ▲ +202.1%
Year Plans Participants Total Assets
2022 1 425 $2M
2023 1 407 $4M
2024 1 524 $6M

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Shoals Technologies Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Shoals Technologies Group 401(k) Profit Sharing Plan, Total assets ($B): 0.001930665 · Participants: 425Shoals Technologies Group 401(k) Profit Sharing PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Shoals Technologies Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Shoals Technologies Group 401(k) Profit Sharing Plan side-by-side with 3 peers →

Shoals Technologies Group 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Tricare Medical Transportation 401(k) Profit Sharing Plan & Trust in NJ ($2M); by covered participants it is Bayer Built Woodworks, Inc. Retirement Plan in MN (425 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (425 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Shoals Technologies Group 401(k) Profit Sharing Plan assets move in 2022? ▼
Shoals Technologies Group 401(k) Profit Sharing Plan surged - up 71.8% during 2022, from $1M to $2M. Reported net income was $807K.
How have Shoal Technologies Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shoal Technologies Group, LLC's sponsor-wide assets grew 201.9%, from $2M to $6M.
Which 401(k) plans are similar in size to Shoals Technologies Group 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tricare Medical Transportation 401(k) Profit Sharing Plan & Trust in NJ ($2M, 263 participants).
Which 401(k) plans cover a similar participant headcount to Shoals Technologies Group 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bayer Built Woodworks, Inc. Retirement Plan in MN (425 participants, $32M in assets).

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) - original filing retrieval by EIN 900346780.

Read our methodology - how this data is sourced, computed, and verified.

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