XML 53 R28.htm IDEA: XBRL DOCUMENT v3.6.0.2
Defined Contribution Plan
12 Months Ended
Dec. 31, 2016
Compensation And Retirement Disclosure [Abstract]  
Defined Contribution Plan

Note 20 - Defined Contribution Plan

 

We have a 401(k) savings plan (“the 401(k) plan”) which qualifies as a deferred salary arrangement under section 401(k) of the Internal Revenue Code. Under the 401(k) plan, participating employees may elect to contribute up to 100% of their eligible compensation, subject to certain limitations. We assumed the SolarCity 401(k) plan, or the Retirement Plan, available to employees who meet the Retirement Plan’s eligibility requirements. Participants may elect to contribute a percentage of their compensation to the Retirement Plan, up to a statutory limit. Participants are fully vested in their contributions.  We did not make any contributions to the Retirement Plan during the years ended December 31, 2016, 2015 and 2014.