401(k) · DOL Form 5500 · 2023

Fluence Energy, LLC 401(k) Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
583
Participants Below avg headcount
87th
Percentile by assets National rank
$98,907
Avg per participant Below avg balance/head
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Official DOL plan name: Fluence Savings Plan · Sponsored by Fluence Energy, LLC · Virginia · Agriculture, Forestry & Fishing

$58M in assets, 583 participants

Fluence Energy, LLC's Fluence Savings Plan reported $58M in total assets and 583 participants in its 2023 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.

  • #1,186 in Agriculture, Forestry & Fishing (1,288 peers)

Where Fluence Savings Plan sits by assets

Fluence Savings Plan sits in the top quartile of all filed plans by assets, $58M for 583 participants (~$98,907/participant), up 49.2% in 2023.

#1,186
in Agriculture, Forestry & Fishing (1,288 peers)
+49.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Fluence Savings Plan's outsized position by total assets

Fluence Savings Plan vs every filed plan by assets

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

$57,662,570 Top 13% higher than 87% 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

Fluence Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fluence Savings Plan sits mid-pack in the medium band (583 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fluence Savings Plan reported net income rose from $5M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Fluence Savings Plan end-of-year assets rose from $39M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Fluence Savings Plan reported participants rose from 400 in the plan year 2022 filing to 583 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 822138818 · Fluence Energy, LLC PY 2023 · 401(k)

Fluence Savings Plan · $58M · 583 · 87th

  • 5500 $58M
  • 5500 583
  • 5500 87th
  • 5500 401(k)
  • 5500 near 1st Financial Bank USA Profit Sharing Plan & Trust
  • 5500 ind #1186

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Virginia →

Fluence Savings Plan in the asset neighbourhood

1st Financial Bank USA Profit Sharing Plan & Trust1st Financial Bank USA Profi…$58MRadiology & Imaging, Inc. 401(k) and Profit Sharing PlanRadiology & Imaging, Inc. 40…$58MFluence Savings Plan$58MSumma Health 401(k) Retirement Savings PlanSumma Health 401(k) Retireme…$58MAurora Co-Op Elevator Company Salary Savings PlanAurora Co-Op Elevator Compan…$58M
End-of-year total assets ($M) among Fluence Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$58M
Net Income$19M
Employer EIN822138818
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fluence Energy, LLC)

Sponsor-wide plan assets over time

All Fluence Energy, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$81M 109.28764731011566% vs 2022
2024 filing year
$20M$40M$60M$80M$100M 202220232024 $38.6M $80.9M ▲ +109.3%
Year Plans Participants Total Assets
2022 1 400 $39M
2023 1 583 $58M
2024 1 615 $81M

Nearby 401(k) Plans in Virginia

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

Fluence Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Fluence Savings Plan, Total assets ($B): 0.05766257 · Participants: 583Fluence Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Fluence Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Fluence Savings Plan side-by-side with 3 peers →

Fluence Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is 1st Financial Bank USA Profit Sharing Plan & Trust in SD ($58M); by covered participants it is Club Exploria, LLC 401(k) Plan in FL (583 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (583 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 Fluence Savings Plan assets move in 2023? ▼
Fluence Savings Plan surged - up 49.2% during 2023, from $39M to $58M. Reported net income was $19M.
How have Fluence Energy, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fluence Energy, LLC's sponsor-wide assets grew 109.3%, from $39M to $81M.
Where does Fluence Savings Plan rank by assets among Form 5500 filers? ▼
Fluence Savings Plan ranks in the 87th 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 Fluence Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is 1st Financial Bank USA Profit Sharing Plan & Trust in SD ($58M, 245 participants).
Which 401(k) plans cover a similar participant headcount to Fluence Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Club Exploria, LLC 401(k) Plan in FL (583 participants, $18K 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 822138818.

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.