401(k) · DOL Form 5500 · 2023

First Solar, Inc. 401(k) Plan

Data updated 2026-08-25

$309M
Total assets Above avg plan size
2,490
Participants Above avg headcount
96th
Percentile by assets National rank
$124,034
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Solar, Inc. 401(k) Plan · Sponsored by First Solar, Inc. · Ohio · Manufacturing

$309M in assets, 2,490 participants

First Solar, Inc.'s First Solar, Inc. 401(k) Plan reported $309M in total assets and 2,490 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #17,594 in Manufacturing (18,722 peers)

Coverage in Ohio

First Solar, Inc. 401(k) Plan covers 2,490 participants in Ohio, 3.3x the typical Ohio plan (state average ~765 per filing). Assets: $309M.

#17,594
in Manufacturing (18,722 peers)
+21.1%
assets growth YoY
3.1×
vs typical plan assets (national mean)

First Solar, Inc. 401(k) Plan's outsized position by total assets

First Solar, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$308,844,427 Top 4% higher than 96% of 127,068 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 2023

First Solar, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Solar, Inc. 401(k) Plan lands in the large band (2,490 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Solar, Inc. 401(k) Plan reported net income rose from -$54M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • First Solar, Inc. 401(k) Plan reported participants rose from 1,964 in the plan year 2022 filing to 2,490 in the plan year 2023 filing.
  • First Solar, Inc. 401(k) Plan end-of-year assets rose from $255M in the plan year 2022 filing to $309M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 204623678 · First Solar, Inc. PY 2023 · 401(k)

First Solar, Inc. 401(k) Plan · $309M · 2,490 · 96th

  • PCT $309M
  • PCT 2,490
  • PCT 96th
  • PCT 401(k)
  • PCT near Mii Associates' Retirement Savings 401(k) Plan
  • PCT ind #17594

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 Ohio →

First Solar, Inc. 401(k) Plan in the asset neighbourhood

Itc Savings & Investment Plan$309MMaynard Nexsen PC 401(k) Plan & TrustMaynard Nexsen PC 401(k) Pla…$309MFirst Solar, Inc. 401(k) Plan$309MMii Associates' Retirement Savings 401(k) PlanMii Associates' Retirement S…$309MHaas Automation, Inc. 401(k) Profit Sharing PlanHaas Automation, Inc. 401(k)…$309M
End-of-year total assets ($M) among First Solar, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$255M
Net Assets (End of Year)$309M
Net Income$54M
Employer EIN204623678
Plan Effective Date1992-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Solar, Inc.)

Sponsor-wide plan assets over time

All First Solar, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$361M 41.71628696849629% vs 2022
2024 filing year
$200M$250M$300M$350M$400M 202220232024 $255M $361M ▲ +41.7%
Year Plans Participants Total Assets
2022 1 1,964 $255M
2023 1 2,490 $309M
2024 1 2,791 $361M

Nearby 401(k) Plans in Ohio

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

First Solar, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants First Solar, Inc. 401(k) Plan, Total assets ($B): 0.308844427 · Participants: 2490First Solar, Inc. 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
First Solar, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare First Solar, Inc. 401(k) Plan side-by-side with 3 peers →

First Solar, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Mii Associates' Retirement Savings 401(k) Plan in MO ($309M); by covered participants it is Von Maur 401(k) Retirement Plan in IA (2,489 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($309M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,490 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Solar, Inc. 401(k) Plan assets move in 2023? ▼
First Solar, Inc. 401(k) Plan grew sharply - up 21.1% during 2023, from $255M to $309M. Reported net income was $54M.
How have First Solar, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Solar, Inc.'s sponsor-wide assets grew 41.7%, from $255M to $361M.
Where does First Solar, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
First Solar, Inc. 401(k) Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to First Solar, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mii Associates' Retirement Savings 401(k) Plan in MO ($309M, 1,975 participants).
Which 401(k) plans cover a similar participant headcount to First Solar, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Von Maur 401(k) Retirement Plan in IA (2,489 participants, $100M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 204623678.

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.