401(k) · DOL Form 5500 · 2024

Enphase Energy, Inc. 401(k) Plan

Data updated 2026-08-11

$77M
Total assets
1,005
Participants
88th
Percentile by assets
$76,268
Avg per participant
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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.

  • 88th percentile by assets (of 123,622 plans)
  • #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.

$77M
total plan assets (2024 EOY)
1,005
covered participants
88th
percentile by assets (of 123,622 plans)
$76,268
avg assets per participant

Where Enphase Energy, Inc. 401(k) Plan sits 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 $2,010,000,000 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

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 →

State
California
Industry
Manufacturing

Enphase Energy, Inc. 401(k) Plan vs the 2024 asset distribution

By assets, Enphase Energy, Inc. 401(k) Plan outranks 88% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

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.)

$20M$40M$60M$80M$100M 202220232024 $42.7M $76.7M ▲ +79.4%
Total plan assets by year, all Enphase Energy, Inc. plans on file
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 ($B) Participants Enphase Energy, Inc.…, Total assets ($B): 0.076649834 · Participants: 1005Enphase Energy, Inc.…Google LLC 401(k) Sa…, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Sa…Oracle Corporation 4…, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 4…Intel 401(k) Savings…, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings…Apple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 4…, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 4…
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 →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Enphase Energy, Inc. 401(k) Plan by total assets, not by location.

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).

Next read for Enphase Energy, Inc. 401(k) Plan

Scale reading

Ways to act on Enphase Energy, Inc. 401(k) Plan's numbers.

  • By total assets, Enphase Energy, Inc. 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Enphase Energy, Inc.'s sponsor-wide assets have grown 79.4% since 2022 across 3 plan years on file. More Manufacturing plans

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.