401(k) · DOL Form 5500 · 2024

Enphase Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
1,005
Participants Near avg headcount
88th
Percentile by assets National rank
$76,268
Avg per participant Below avg balance/head
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Official DOL plan name: Enphase Energy, Inc. 401(k) Plan · Sponsored by Enphase Energy, Inc. · California · Manufacturing

$77M in assets, 1,005 participants

Enphase Energy, Inc.'s Enphase Energy, Inc. 401(k) Plan reported $77M in total assets and 1,005 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #14,748 in Manufacturing (17,777 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, $77M for 1,005 participants (~$76,268/participant), up 20.8% in 2024.

#14,748
in Manufacturing (17,777 peers)
+20.8%
assets growth YoY
0.8×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$76,649,834 Top 12% higher than 88% 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

Enphase Energy, Inc. 401(k) Plan'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. Enphase Energy, Inc. 401(k) Plan lands in the large band (1,005 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Enphase Energy, Inc. 401(k) Plan reported net income fell from $21M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Enphase Energy, Inc. 401(k) Plan end-of-year assets rose from $63M in the plan year 2023 filing to $77M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 204645388 · Enphase Energy, Inc. PY 2024 · 401(k)

Enphase Energy, Inc. 401(k) Plan · $77M · 1,005 · 88th

  • ASSETS $77M
  • ASSETS 1,005
  • ASSETS 88th
  • ASSETS 401(k)
  • ASSETS near Fhlbank Dallas 401(k) Retirement Plan
  • ASSETS ind #14748

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

Associated Grocers 401(k) Savings Plan Trust AccountAssociated Grocers 401(k) Sa…$77MFhlbank Dallas 401(k) Retirement PlanFhlbank Dallas 401(k) Retire…$77MMarigold 401(k) Plan$77MEnphase Energy, Inc. 401(k) PlanEnphase Energy, Inc. 401(k) …$77MEurop Assistance North America 401(k) PlanEurop Assistance North Ameri…$77M
End-of-year total assets ($M) among Enphase Energy, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$77M
Net Income$13M
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. -50000050000100000150000 -200204060 Total assets ($B) Participants Enphase Energy, Inc. 401(k) Plan, Total assets ($B): 0.076649834 · Participants: 1005Enphase Energy, Inc. 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) 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 Fhlbank Dallas 401(k) Retirement Plan in TX ($77M); by covered participants it is Town & Country Markets, Inc. Retirement Savings Plan in WA (1,005 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($77M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,005 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 Enphase Energy, Inc. 401(k) Plan assets move in 2024? ▼
Enphase Energy, Inc. 401(k) Plan grew sharply - up 20.8% during 2024, from $63M to $77M. Reported net income was $13M.
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 88th 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 Enphase Energy, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fhlbank Dallas 401(k) Retirement Plan in TX ($77M, 199 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 Town & Country Markets, Inc. Retirement Savings Plan in WA (1,005 participants, $60M 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 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.