401(k) · DOL Form 5500 · 2024

Energy Vault, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
144
Participants Small participant base
54th
Percentile by assets National rank
$65,370
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Energy Vault 401(k) Plan · Sponsored by Energy Vault, Inc. · California · Construction

$9M in assets, 144 participants

Energy Vault, Inc.'s Energy Vault 401(k) Plan reported $9M in total assets and 144 participants in its 2024 DOL Form 5500 filing, ranking in the 54th 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.

  • #4,773 in Construction (9,039 peers)

Coverage in California

Energy Vault 401(k) Plan covers 144 participants in California, about 23% of the average California filer (state average ~630 per filing). Assets: $9M.

#4,773
in Construction (9,039 peers)
+73.7%
assets growth YoY

Energy Vault 401(k) Plan's mid-pack asset rank among Construction and all filers

Energy Vault 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,413,246 Top 46% higher than 54% 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

Energy Vault 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Energy Vault 401(k) Plan sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Energy Vault 401(k) Plan end-of-year assets rose from $5M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Energy Vault 401(k) Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 823199662 · Energy Vault, Inc. PY 2024 · 401(k)

Energy Vault 401(k) Plan · $9M · 144 · 54th

  • PART $9M
  • TYPE 144
  • NET 54th
  • BOOK 401(k)
  • VS-ST near Tri-Supply Employees Retirement Plan
  • BOY ind #4773

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 California →

Energy Vault 401(k) Plan in the asset neighbourhood

Energy Vault 401(k) Plan$9MTri-Supply Employees Retirement PlanTri-Supply Employees Retirem…$9MViatech Systems, Inc. 401(k) Savings PlanViatech Systems, Inc. 401(k)…$9MJdp Electric, Inc. 401(k) PlanJdp Electric, Inc. 401(k) Pl…$9MDelta Pooled Employer Plan$9M
End-of-year total assets ($M) among Energy Vault 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$9M
Net Income$4M
Employer EIN823199662
Plan Effective Date2022-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Energy Vault, Inc.)

Sponsor-wide plan assets over time

All Energy Vault, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 1175.4453712285037% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $0.74M $9.41M ▲ +1171.6%
Year Plans Participants Total Assets
2022 1 94 $738K
2023 1 143 $5M
2024 1 144 $9M

Nearby 401(k) Plans in California

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

Energy Vault 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Energy Vault 401(k) Plan, Total assets ($B): 0.009413246 · Participants: 144Energy Vault 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
Energy Vault 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is Tri-Supply Employees Retirement Plan in TX ($9M); by covered participants it is Associated Credit Union of Texas 401(k) Plan and Trust in TX (144 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (144 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 Energy Vault 401(k) Plan assets move in 2024?
Energy Vault 401(k) Plan surged - up 73.7% during 2024, from $5M to $9M. Reported net income was $4M.
How have Energy Vault, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Energy Vault, Inc.'s sponsor-wide assets grew 1175.4%, from $738K to $9M.
Which 401(k) plans are similar in size to Energy Vault 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Tri-Supply Employees Retirement Plan in TX ($9M, 298 participants).
Which 401(k) plans cover a similar participant headcount to Energy Vault 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Associated Credit Union of Texas 401(k) Plan and Trust in TX (144 participants, $17M in assets).