401(k) · DOL Form 5500 · 2022

8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust

Data updated 2026-05-15

$22M
Total assets
153
Participants
78th
Percentile by assets
$141,184
Avg per participant

Sponsored by 8minute Solar Energy LLC · California · Professional & Technical Services

What the 2022 filing shows

8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust holds $22M for 153 participants - about $141,184 per participant, in the top quartile of all filed plans by assets, up 5.5% over the 2022 plan year.

$22M
total plan assets (2022 EOY)
153
covered participants
78th
percentile by assets (of 139,258 plans)
$141,184
avg assets per participant
State
Industry
Professional & Technical Services

401(k) · DOL Form 5500 · 2022

What the Filing Says About 8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust

8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust is a 401(k) retirement plan sponsored by 8minute Solar Energy LLC, headquartered in California. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 153 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 270574910, and the plan has been effective since 2010-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $20M at the beginning of 2022 to $22M at year-end - up 5.5%. Net assets (after liabilities) closed the year at $22M, with reported net income of $1M 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.

By assets, 8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust outranks 78% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M and 730 average participants.

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, 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.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank 8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$20M
Total Assets (End of Year)$22M
Net Assets (End of Year)$22M
Net Income$1M
Plan Type401(k)
Employer EIN270574910
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Frequently Asked Questions

How much money is in the 8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust?
As of the 2022 Form 5500 filing, 8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust holds $22M in total assets with 153 participants. It is sponsored by 8minute Solar Energy LLC.
What type of plan is 8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust?
8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust is a 401(k) plan. It has been effective since 2010-01-01. The plan is filed with the U.S. Department of Labor under EIN 270574910.
Who sponsors the 8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust?
8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust is sponsored by 8minute Solar Energy LLC, located in California. The sponsor's EIN is 270574910 and the plan operates in the Professional & Technical Services industry.
How did 8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust perform in 2022?
8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 5.5% during 2022, moving from $20M to $22M in total assets. Net income was $1M.

What this filing means

Ways to act on 8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust's numbers.

  • By total assets, 8minute Solar Energy, LLC 401(k) Profit Sharing Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 270574910.

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

Reference: IRS Publication 590-B, 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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.