401(k) · DOL Form 5500 · 2022

Enphase Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
596
Participants Below avg headcount
87th
Percentile by assets National rank
$71,692
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Enphase Energy, Inc. 401(k) Plan · Sponsored by Enphase Energy, Inc. · California · Manufacturing

$43M in assets, 596 participants

Enphase Energy, Inc.'s Enphase Energy, Inc. 401(k) Plan reported $43M in total assets and 596 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #16,585 in Manufacturing (20,602 peers)

Where Enphase Energy, Inc. 401(k) Plan sits by assets

Enphase Energy, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $43M for 596 participants (~$71,692/participant), down 6.0% in 2022.

#16,585
in Manufacturing (20,602 peers)
-6.0%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Enphase Energy, Inc. 401(k) Plan's outsized position by total assets

Enphase Energy, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$42,728,182 Top 13% higher than 87% of 139,123 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 2022

Enphase Energy, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Enphase Energy, Inc. 401(k) Plan sits mid-pack in the medium band (596 participants).

Form 5500 schedule snapshot

Filing strip 204645388 · Enphase Energy, Inc. PY 2022 · 401(k)

Enphase Energy, Inc. 401(k) Plan · $43M · 596 · 87th

  • VS-ST $43M
  • BOY 596
  • SCH 87th
  • EBSA 401(k)
  • PART near Ray Skillman 401(k) Profit Sharing Plan
  • TYPE ind #16585

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 California →

Enphase Energy, Inc. 401(k) Plan in the asset neighbourhood

Roanoke Group Inc. Retirement Savings PlanRoanoke Group Inc. Retiremen…$43MEnphase Energy, Inc. 401(k) PlanEnphase Energy, Inc. 401(k) …$43MRay Skillman 401(k) Profit Sharing PlanRay Skillman 401(k) Profit S…$43MNorway Savings Bank 401(k) PlanNorway Savings Bank 401(k) P…$43MNew England Teamsters Savings and Investment PlanNew England Teamsters Saving…$43M
End-of-year total assets ($M) among Enphase Energy, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$43M
Net Income-$3M
Employer EIN204645388
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Enphase Energy, Inc.)

Sponsor-wide plan assets over time

All Enphase Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 79.38941095130141% vs 2022
2024 filing year
$20M$40M$60M$80M$100M 202220232024 $42.7M $76.7M ▲ +79.4%
Year Plans Participants Total Assets
2022 1 596 $43M
2023 1 1,012 $63M
2024 1 1,005 $77M

Nearby 401(k) Plans in California

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

Enphase Energy, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Enphase Energy, Inc. 401(k) Plan, Total assets ($B): 0.042728182 · Participants: 596Enphase Energy, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Enphase Energy, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Enphase Energy, Inc. 401(k) Plan side-by-side with 3 peers →

Enphase Energy, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Ray Skillman 401(k) Profit Sharing Plan in IN ($43M); by covered participants it is Nhk Seating of America Inc 401(k) Profit Sharing Plan & Trust in IN (596 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($43M here).

Similar participant headcount

Nearest other-state filings by covered participants (596 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Enphase Energy, Inc. 401(k) Plan assets move in 2022? ▼
Enphase Energy, Inc. 401(k) Plan pulled back noticeably - down 6.0% during 2022, from $45M to $43M. Reported net income was -$3M.
How have Enphase Energy, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Enphase Energy, Inc.'s sponsor-wide assets grew 79.4%, from $43M to $77M.
Where does Enphase Energy, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Enphase Energy, Inc. 401(k) Plan ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Enphase Energy, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ray Skillman 401(k) Profit Sharing Plan in IN ($43M, 791 participants).
Which 401(k) plans cover a similar participant headcount to Enphase Energy, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nhk Seating of America Inc 401(k) Profit Sharing Plan & Trust in IN (596 participants, $15M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 204645388.

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.