Shoals Technologies Group, Llc 401(k) Plan: Login, Facts & Contact Information

Shoals Technologies Group, Llc 401(k) Plan Facts

Plan name
SHOALS TECHNOLOGIES GROUP 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SHOALS TECHNOLOGIES GROUP, LLC
Participants
555 (960 active employees)
Former employees with a balance
18
Plan assets
$5,828,889 at Dec 31, 2024
Average account balance
$20,597 across 283 accounts
Employer contributions
$1,268,165 in plan year 2024 (40% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2012
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.21 million went into the plan in contributions, $1.27 million of it from the employer (40%).
  • $1.97 million was paid out to participants.
  • Investment and other income added $567,194.
  • Administrative expenses were $7,041, about $25 per account.

How the Shoals Technologies Group, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019198$443,406—$130,320
2020244$553,864—$50,134
2021286$1.12 million$179,136$39,557
2022448$1.93 million$343,445$75,244
2023413$4.03 million$545,743$540,046
2024555$5.83 million$1.27 million$1.97 million

Shoals Technologies Group, Llc 401(k) Contact Information

Phone
615-879-4254
Mailing address
1400 SHOALS WAY, PORTLAND TN 371484666
Plan sponsor
SHOALS TECHNOLOGIES GROUP, LLC
Employer identification number (EIN)
90-0346780
Plan number
001

Questions about the Shoals Technologies Group, Llc 401(k)

Does Shoals Technologies Group, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.27 million, 40% of all contributions.

Does the Shoals Technologies Group, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Shoals Technologies Group, Llc 401(k) plan?

555 participants at the start of plan year 2024, 960 of them active employees, and 18 former employees who still had money in the plan.

What is the average 401(k) balance at Shoals Technologies Group, Llc?

About $20,597 per account: $5.83 million in plan assets across 283 accounts with a balance at the end of plan year 2024.

Who manages the Shoals Technologies Group, Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Shoals Technologies Group, Llc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 222 THIRD AVENUE SE, SUITE 300, CEDAR RAPIDS, IA, 52401
Headquarter: 5403 BETSY ROSS DRIVE, SANTA CLARA, CA, 95054
Headquarter: 35 WEST WACKER DRIVE, CHICAGO, IL, 60601
Headquarter: ONE MT PLAZA 345 MAIN ST, BUFFALO, NY, 142032308
Headquarter: 1 RIVERSIDE PLAZA, COLUMBUS, OH, 43215