401(k) · DOL Form 5500 · 2023

Sunnova Energy Corporation 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
1,089
Participants Near avg headcount
82nd
Percentile by assets National rank
$33,712
Avg per participant Low balance/head
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Official DOL plan name: Sunnova Energy Corporation 401(k) Plan & Trust · Sponsored by Sunnova Energy Corporation · Texas · Construction

$37M in assets, 1,089 participants

Sunnova Energy Corporation's Sunnova Energy Corporation 401(k) Plan & Trust reported $37M in total assets and 1,089 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,254 in Construction (9,030 peers)

Where Sunnova Energy Corporation 401(k) Plan & Trust sits by assets

Sunnova Energy Corporation 401(k) Plan & Trust sits in the top quartile of all filed plans by assets, $37M for 1,089 participants (~$33,712/participant), up 76.1% in 2023.

#7,254
in Construction (9,030 peers)
+76.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sunnova Energy Corporation 401(k) Plan & Trust's outsized position by total assets

Sunnova Energy Corporation 401(k) Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$36,712,463 Top 18% higher than 82% of 127,068 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 2023

Sunnova Energy Corporation 401(k) Plan & Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sunnova Energy Corporation 401(k) Plan & Trust lands in the large band (1,089 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sunnova Energy Corporation 401(k) Plan & Trust reported net income rose from $2M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Sunnova Energy Corporation 401(k) Plan & Trust reported participants rose from 618 in the plan year 2022 filing to 1,089 in the plan year 2023 filing.
  • Sunnova Energy Corporation 401(k) Plan & Trust end-of-year assets rose from $21M in the plan year 2022 filing to $37M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 461216532 · Sunnova Energy Corporation PY 2023 · 401(k)

Sunnova Energy Corporation 401(k) Plan & Trust · $37M · 1,089 · 82nd

  • IND $37M
  • EOY 1,089
  • 5500 82nd
  • ASSETS 401(k)
  • PCT near Argenx US Inc. 401(k) Profit Sharing Plan
  • EIN ind #7254

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 Construction retirement plans → · Plans in Texas →

Sunnova Energy Corporation 401(k) Plan & Trust in the asset neighbourhood

Retinovitreous Associates Ltd. 401(k) Profit Sharing PlanRetinovitreous Associates Lt…$37MSunnova Energy Corporation 401(k) Plan & TrustSunnova Energy Corporation 4…$37MArgenx US Inc. 401(k) Profit Sharing PlanArgenx US Inc. 401(k) Profit…$37MFolience 401(k) Savings Plan$37MBernatello's Pizza, Inc. 401(k) Profit Sharing Plan & TrustBernatello's Pizza, Inc. 401…$37M
End-of-year total assets ($M) among Sunnova Energy Corporation 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$37M
Net Income$16M
Employer EIN461216532
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sunnova Energy Corporation)

Sponsor-wide plan assets over time

All Sunnova Energy Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$54M 157.7223314621833% vs 2022
2024 filing year
$10M$20M$30M$40M$50M$60M 202220232024 $20.9M $53.7M ▲ +157.7%
Year Plans Participants Total Assets
2022 1 618 $21M
2023 1 1,089 $37M
2024 1 1,941 $54M

Nearby 401(k) Plans in Texas

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

Sunnova Energy Corporation 401(k) Plan & Trust vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Sunnova Energy Corporation 401(k) Plan & Trust, Total assets ($B): 0.036712463 · Participants: 1089Sunnova Energy Corporation 401(k) Plan & TrustAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Sunnova Energy Corporation 401(k) Plan & Trust vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Sunnova Energy Corporation 401(k) Plan & Trust side-by-side with 3 peers →

Sunnova Energy Corporation 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Argenx US Inc. 401(k) Profit Sharing Plan in MA ($37M); by covered participants it is Lifelong Learner Holdings 401(k) Plan in CA (1,089 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,089 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sunnova Energy Corporation 401(k) Plan & Trust assets move in 2023? ▼
Sunnova Energy Corporation 401(k) Plan & Trust surged - up 76.1% during 2023, from $21M to $37M. Reported net income was $16M.
How have Sunnova Energy Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sunnova Energy Corporation's sponsor-wide assets grew 157.7%, from $21M to $54M.
Where does Sunnova Energy Corporation 401(k) Plan & Trust rank by assets among Form 5500 filers? ▼
Sunnova Energy Corporation 401(k) Plan & Trust ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sunnova Energy Corporation 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Argenx US Inc. 401(k) Profit Sharing Plan in MA ($37M, 347 participants).
Which 401(k) plans cover a similar participant headcount to Sunnova Energy Corporation 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Lifelong Learner Holdings 401(k) Plan in CA (1,089 participants, $73M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 461216532.

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.