401(k) · DOL Form 5500 · 2024

Solero Technologies Shelby, LLC 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
151
Participants Small participant base
44th
Percentile by assets National rank
$38,103
Avg per participant Low balance/head
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Official DOL plan name: Solero Technologies Shelby, LLC Retirement Savings Plan · Sponsored by Solero Technologies Shelby, LLC · North Carolina · Manufacturing

$6M in assets, 151 participants

Solero Technologies Shelby, LLC's Solero Technologies Shelby, LLC Retirement Savings Plan reported $6M in total assets and 151 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

  • #4,953 in Manufacturing (17,777 peers)

Coverage in North Carolina

Solero Technologies Shelby, LLC Retirement Savings Plan covers 151 participants in North Carolina, about 18% of the average North Carolina filer (state average ~819 per filing). Assets: $6M.

#4,953
in Manufacturing (17,777 peers)
+10.2%
assets growth YoY

Solero Technologies Shelby, LLC Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers

Solero Technologies Shelby, LLC Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,753,617 44th percentile higher than 44% 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

Solero Technologies Shelby, LLC Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Solero Technologies Shelby, LLC Retirement Savings Plan sits mid-pack in the medium band (151 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Solero Technologies Shelby, LLC Retirement Savings Plan reported net income rose from $342K in the plan year 2023 filing to $533K in the plan year 2024 filing.
  • Solero Technologies Shelby, LLC Retirement Savings Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Solero Technologies Shelby, LLC Retirement Savings Plan reported participants fell from 166 in the plan year 2023 filing to 151 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 208284552 · Solero Technologies Shelby, LLC PY 2024 · 401(k)

Solero Technologies Shelby, LLC Retirement Savings Plan · $6M · 151 · 44th

  • PHOTO $6M
  • PHOTO 151
  • PHOTO 44th
  • PHOTO 401(k)
  • PHOTO near Lyon & Billard 401(k) Plan
  • PHOTO ind #4953

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 North Carolina →

Solero Technologies Shelby, LLC Retirement Savings Plan in the asset neighbourhood

Solero Technologies Shelby, LLC Retirement Savings PlanSolero Technologies Shelby, …$6MLyon & Billard 401(k) Plan$6MJc Licht 401(k) Plan$6MWermer, Rogers, Doran & Ruzon 401(k) Profit Sharing PlanWermer, Rogers, Doran & Ruzo…$6MKros-Wise 401(k) Profit Sharing Plan & TrustKros-Wise 401(k) Profit Shar…$6M
End-of-year total assets ($M) among Solero Technologies Shelby, LLC Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$533K
Employer EIN208284552
Plan Effective Date2007-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Solero Technologies Shelby, LLC)

Sponsor-wide plan assets over time

All Solero Technologies Shelby, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$6M 17.94247000763582% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M 202220232024 $4.88M $5.75M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 140 $5M
2023 1 166 $5M
2024 1 151 $6M

Nearby 401(k) Plans in North Carolina

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

Solero Technologies Shelby, LLC Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Solero Technologies Shelby, LLC Retirement Savings Plan, Total assets ($B): 0.005753617 · Participants: 151Solero Technologies Shelby, LLC Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Solero Technologies Shelby, LLC Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Solero Technologies Shelby, LLC Retirement Savings Plan side-by-side with 3 peers →

Solero Technologies Shelby, LLC Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Lyon & Billard 401(k) Plan in CT ($6M); by covered participants it is Liberty Power Corp, LLC 401(k) in FL (151 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (151 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 Solero Technologies Shelby, LLC Retirement Savings Plan assets move in 2024? ▼
Solero Technologies Shelby, LLC Retirement Savings Plan grew at a solid clip - up 10.2% during 2024, from $5M to $6M. Reported net income was $533K.
How have Solero Technologies Shelby, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Solero Technologies Shelby, LLC's sponsor-wide assets grew 17.9%, from $5M to $6M.
Which 401(k) plans are similar in size to Solero Technologies Shelby, LLC Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lyon & Billard 401(k) Plan in CT ($6M, 76 participants).
Which 401(k) plans cover a similar participant headcount to Solero Technologies Shelby, LLC Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Liberty Power Corp, LLC 401(k) in FL (151 participants, N/A 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 208284552.

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.