401(k) · DOL Form 5500 · 2024

Sunnova Energy Corporation 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
1,941
Participants Near avg headcount
85th
Percentile by assets National rank
$27,680
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

$54M in assets, 1,941 participants

Sunnova Energy Corporation's Sunnova Energy Corporation 401(k) Plan & Trust reported $54M in total assets and 1,941 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,513 in Construction (9,039 peers)

Coverage in Texas

Sunnova Energy Corporation 401(k) Plan & Trust covers 1,941 participants in Texas, 2.8x the typical Texas plan (state average ~688 per filing). Assets: $54M.

#7,513
in Construction (9,039 peers)
+46.3%
assets growth YoY
0.5×
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 2024 · DOL Form 5500

$53,727,560 Top 15% higher than 85% of 123,620 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 2024

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

Plan-year 2024 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 (1,941 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sunnova Energy Corporation 401(k) Plan & Trust reported participants rose from 1,089 in the plan year 2023 filing to 1,941 in the plan year 2024 filing.
  • Sunnova Energy Corporation 401(k) Plan & Trust end-of-year assets rose from $37M in the plan year 2023 filing to $54M in the plan year 2024 filing.
  • Sunnova Energy Corporation 401(k) Plan & Trust reported net income rose from $16M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 461216532 · Sunnova Energy Corporation PY 2024 · 401(k)

Sunnova Energy Corporation 401(k) Plan & Trust · $54M · 1,941 · 85th

  • NET $54M
  • NET 1,941
  • NET 85th
  • NET 401(k)
  • NET near Weigel Broadcasting Co. Employees Profit Sharing and 401(k) Plan and Trust
  • NET ind #7513

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

Sunnova Energy Corporation 401(k) Plan & TrustSunnova Energy Corporation 4…$54MWeigel Broadcasting Co. Employees Profit Sharing and 401(k) Plan and TrustWeigel Broadcasting Co. Empl…$54MPrairie Island Indian Community 401(k) Retirement PlanPrairie Island Indian Commun…$54MBette & Cring, LLC Retirement Plan & TrustBette & Cring, LLC Retiremen…$54MWare Malcomb 401(k) Plan$54M
End-of-year total assets ($M) among Sunnova Energy Corporation 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$54M
Net Income$17M
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): 0.05372756 · Participants: 1941Sunnova Energy Corporation 401(k) Plan & TrustAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings 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 Weigel Broadcasting Co. Employees Profit Sharing and 401(k) Plan and Trust in IL ($54M); by covered participants it is Spend Life Wisely Company, Inc. Employee Stock Ownership Plan with 401(k) Features in OK (1,941 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,941 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Sunnova Energy Corporation 401(k) Plan & Trust surged - up 46.3% during 2024, from $37M to $54M. Reported net income was $17M.
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 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Weigel Broadcasting Co. Employees Profit Sharing and 401(k) Plan and Trust in IL ($54M, 503 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 Spend Life Wisely Company, Inc. Employee Stock Ownership Plan with 401(k) Features in OK (1,941 participants, $363M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.