I did not have a solid component. I just right clicked on the mesh, selected 'edit component' and that made the mesh a solid based on the Entity Info box.
I've been able to make single axis slices(x or y or z) but not able to make multi axis slices with slots. Except for on simple meshes like a cube or cylinder created in SketchUp. On the more complex models I get a Bug Splat error in SketchUp.