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August 07, 2014 01:00 AM

SolarCity signs Fidelity as record keeper

Rob Kozlowski
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    SolarCity Corp., San Mateo, Calif., hired Fidelity Investments as record keeper of its 401(k) plan.

    The transition to Fidelity takes place on Sept. 1, said a posting on the plan’s website. The current record keeper is Great-West Retirement Services. The reason for the change could not be learned by press time.

    A blackout period for participants is expected to begin on Aug. 25 and end on or before Oct. 10.

    As of Dec. 31, 2012, the SolarCity 401(k) plan had $9 million in assets, according to the company’s most recent Form 5500 filing.

    Nicola Tidwell, director of human resources, and Molly Canales, spokeswoman, did not return phone calls by press time.

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