401(k) · DOL Form 5500 · 2024

First Solar, Inc. 401(k) Plan

Data updated 2026-08-25

$361M
Total assets Above avg plan size
2,791
Participants Above avg headcount
96th
Percentile by assets National rank
$129,508
Avg per participant Near avg balance/head
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Official DOL plan name: First Solar, Inc. 401(k) Plan · Sponsored by First Solar, Inc. · Ohio · Manufacturing

$361M in assets, 2,791 participants

First Solar, Inc.'s First Solar, Inc. 401(k) Plan reported $361M in total assets and 2,791 participants in its 2024 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.

  • #16,756 in Manufacturing (17,777 peers)

Coverage in Ohio

First Solar, Inc. 401(k) Plan covers 2,791 participants in Ohio, 3.6x the typical Ohio plan (state average ~765 per filing). Assets: $361M.

#16,756
in Manufacturing (17,777 peers)
+17.0%
assets growth YoY
3.6×
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 2024 · DOL Form 5500

$361,455,968 Top 4% higher than 96% of 123,620 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 2024

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

Plan-year 2024 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 (2,791 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Solar, Inc. 401(k) Plan end-of-year assets rose from $309M in the plan year 2023 filing to $361M in the plan year 2024 filing.
  • First Solar, Inc. 401(k) Plan reported participants rose from 2,490 in the plan year 2023 filing to 2,791 in the plan year 2024 filing.
  • First Solar, Inc. 401(k) Plan reported net income fell from $54M in the plan year 2023 filing to $53M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 204623678 · First Solar, Inc. PY 2024 · 401(k)

First Solar, Inc. 401(k) Plan · $361M · 2,791 · 96th

  • SCH $361M
  • SCH 2,791
  • SCH 96th
  • SCH 401(k)
  • SCH near The Gores Group, LLC - 401(k) Plan
  • SCH ind #16756

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

Hok Group, Inc. 401(k) Profit Sharing PlanHok Group, Inc. 401(k) Profi…$362MFirst Solar, Inc. 401(k) Plan$361MThe Gores Group, LLC - 401(k) PlanThe Gores Group, LLC - 401(k…$361MPxd 401(k) Plan for Bargaining Pxd Location EmployeesPxd 401(k) Plan for Bargaini…$361MVallourec North America Retirement Savings PlanVallourec North America Reti…$361M
End-of-year total assets ($M) among First Solar, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$309M
Net Assets (End of Year)$361M
Net Income$53M
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 -505101520 Total assets ($B) Participants First Solar, Inc. 401(k) Plan, Total assets ($B): 0.361455968 · Participants: 2791First Solar, Inc. 401(k) PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement 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 The Gores Group, LLC - 401(k) Plan in CA ($361M); by covered participants it is Midwest Geriatric Management, LLC 401(k) Plan in MO (2,791 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($361M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,791 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
First Solar, Inc. 401(k) Plan grew sharply - up 17.0% during 2024, from $309M to $361M. Reported net income was $53M.
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 123,622 plans that reported assets for plan year 2024 (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 The Gores Group, LLC - 401(k) Plan in CA ($361M, 3,333 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 Midwest Geriatric Management, LLC 401(k) Plan in MO (2,791 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.