401(k) · DOL Form 5500 · 2023

Rivian, LLC 401(k) Plan

Data updated 2026-08-11

$423M
Total assets
13,961
Participants
97th
Percentile by assets
$30,317
Avg per participant
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Official DOL plan name: Rivian, LLC 401(k) Plan · Sponsored by Rivian, LLC · California · Manufacturing

$423M in assets, 13,961 participants

Rivian, LLC's Rivian, LLC 401(k) Plan reported $423M in total assets and 13,961 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,834 in Manufacturing (18,722 peers)

Coverage in California

Rivian, LLC 401(k) Plan covers 13,961 participants in California, 22x the typical California plan (state average ~630 per filing). Assets: $423M.

$423M
total plan assets (2023 EOY)
13,961
covered participants
97th
percentile by assets (of 127,072 plans)
$30,317
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rivian, LLC 401(k) Plan reported net income rose from $78M in the plan year 2022 filing to $166M in the plan year 2023 filing.
  • Rivian, LLC 401(k) Plan end-of-year assets rose from $257M in the plan year 2022 filing to $423M in the plan year 2023 filing.
  • Rivian, LLC 401(k) Plan reported participants rose from 11,109 in the plan year 2022 filing to 13,961 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Rivian, LLC 401(k) Plan reports 13,961 participants - 22x that state average ($423M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$257M
Net Assets (End of Year)$423M
Net Income$166M
Employer EIN844942307
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rivian, LLC)

$200M$300M$400M$500M$600M 202220232024 $257M $567M ▲ +120.8%
Total plan assets by year, all Rivian, LLC plans on file
Year Plans Participants Total Assets
2022 1 11,109 $257M
2023 1 13,961 $423M
2024 1 16,288 $567M

Nearby 401(k) Plans in California

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

Rivian, LLC 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Rivian, LLC 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -200204060 Total assets ($B) Participants Rivian, LLC 401(k) P…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Rivian, LLC 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Rivian, LLC 401(k) Plan

Rivian, LLC 401(k) Plan reports $423M in end-of-year assets across 13,961 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $30,317 per participant (22% of the national average assets-per-participant) . Net income for plan year 2023 was $166M.

This plan identity (EIN 844942307, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $257M to $567M (+120.8%) while covered participants moved from 11,109 to 16,288 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,109 $257M Open filing
2023 13,961 $423M This page
2024 · index core 16,288 $567M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Rivian, LLC 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Rivian, LLC 401(k) Plan assets move in 2023?
Rivian, LLC 401(k) Plan surged - up 64.7% during 2023, from $257M to $423M. Reported net income was $166M.
How have Rivian, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Rivian, LLC's sponsor-wide assets grew 120.8%, from $257M to $567M.
Where does Rivian, LLC 401(k) Plan rank by assets among Form 5500 filers?
Rivian, LLC 401(k) Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Rivian, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Gentex Corporation Retirement Savings Plan in MI ($423M, 5,033 participants).

Filing takeaways

Ways to act on Rivian, LLC 401(k) Plan's numbers.