401(k) · DOL Form 5500 · 2023

First Solar, Inc. 401(k) Plan

Data updated 2026-08-11

$309M
Total assets
2,490
Participants
96th
Percentile by assets
$124,034
Avg per participant
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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.

  • 96th percentile by assets (of 127,072 plans)
  • #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.

$309M
total plan assets (2023 EOY)
2,490
covered participants
96th
percentile by assets (of 127,072 plans)
$124,034
avg assets per participant

Where First Solar, Inc. 401(k) Plan sits 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 $2,010,000,000 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

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 →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. First Solar, Inc. 401(k) Plan reports 2,490 participants - 3.3x that state average ($309M EOY assets).

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.)

$200M$250M$300M$350M$400M 202220232024 $255M $361M ▲ +41.7%
Total plan assets by year, all First Solar, Inc. plans on file
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 ($B) Participants First Solar, Inc. 40…, Total assets ($B): 0.308844427 · Participants: 2490First Solar, Inc. 40…GE Retirement Saving…, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Saving…The Sherwin-Williams…, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams…The Progressive 401(…, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(…The Kroger Co. 401(k…, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k…Nationwide Savings P…, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings P…
First Solar, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to First Solar, Inc. 401(k) Plan by total assets, not by location.

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).

Next read for First Solar, Inc. 401(k) Plan

Filing takeaways

Ways to act on First Solar, Inc. 401(k) Plan's numbers.