401(k) · DOL Form 5500 · 2024

Enovix Corporation 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
305
Participants Below avg headcount
70th
Percentile by assets National rank
$66,165
Avg per participant Below avg balance/head
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Official DOL plan name: Enovix Corporation Profit Sharing 401(k) Plan · Sponsored by Enovix Corporation · California · Manufacturing

$20M in assets, 305 participants

Enovix Corporation's Enovix Corporation Profit Sharing 401(k) Plan reported $20M in total assets and 305 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #10,665 in Manufacturing (17,777 peers)

Coverage in California

Enovix Corporation Profit Sharing 401(k) Plan covers 305 participants in California, about 48% of the average California filer (state average ~630 per filing). Assets: $20M.

#10,665
in Manufacturing (17,777 peers)
+0.5%
assets growth YoY

Enovix Corporation Profit Sharing 401(k) Plan's outsized position by total assets

Enovix Corporation Profit Sharing 401(k) Plan vs every filed plan by assets

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

$20,180,317 Top 30% higher than 70% 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

Enovix Corporation Profit Sharing 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. Enovix Corporation Profit Sharing 401(k) Plan sits mid-pack in the medium band (305 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Enovix Corporation Profit Sharing 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $103K in the plan year 2024 filing.
  • Enovix Corporation Profit Sharing 401(k) Plan reported participants fell from 339 in the plan year 2023 filing to 305 in the plan year 2024 filing.
  • Enovix Corporation Profit Sharing 401(k) Plan end-of-year assets rose from $20M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 205871008 · Enovix Corporation PY 2024 · 401(k)

Enovix Corporation Profit Sharing 401(k) Plan · $20M · 305 · 70th

  • BOOK $20M
  • BOOK 305
  • BOOK 70th
  • BOOK 401(k)
  • BOOK near Orville's Appliance, Inc. 401(k) Plan
  • BOOK ind #10665

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 →

Enovix Corporation Profit Sharing 401(k) Plan in the asset neighbourhood

Staple Cotton Cooperative Association and Its Affiliates 401(k) Retirement Savings PlanStaple Cotton Cooperative As…$20MEnovix Corporation Profit Sharing 401(k) PlanEnovix Corporation Profit Sh…$20MOrville's Appliance, Inc. 401(k) PlanOrville's Appliance, Inc. 40…$20MWhitehead Oil Company 401(k) Profit Sharing PlanWhitehead Oil Company 401(k)…$20MReedman-Toll 401(k) Plan$20M
End-of-year total assets ($M) among Enovix Corporation Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$20M
Net Income$103K
Employer EIN205871008
Plan Effective Date2007-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Enovix Corporation)

Sponsor-wide plan assets over time

All Enovix Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$20M 29.207770963423442% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $15.6M $20.2M ▲ +29.2%
Year Plans Participants Total Assets
2022 1 220 $16M
2023 1 339 $20M
2024 1 305 $20M

Nearby 401(k) Plans in California

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

Enovix Corporation Profit Sharing 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Enovix Corporation Profit Sharing 401(k) Plan, Total assets ($B): 0.020180317 · Participants: 305Enovix Corporation Profit Sharing 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
Enovix Corporation Profit Sharing 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Enovix Corporation Profit Sharing 401(k) Plan side-by-side with 3 peers →

Enovix Corporation Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Orville's Appliance, Inc. 401(k) Plan in NY ($20M); by covered participants it is Ineight Inc. 401(k) Plan in AZ (305 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (305 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 Enovix Corporation Profit Sharing 401(k) Plan assets move in 2024? ▼
Enovix Corporation Profit Sharing 401(k) Plan held essentially flat - up 0.5% during 2024, from $20M to $20M. Reported net income was $103K.
How have Enovix Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Enovix Corporation's sponsor-wide assets grew 29.2%, from $16M to $20M.
Which 401(k) plans are similar in size to Enovix Corporation Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Orville's Appliance, Inc. 401(k) Plan in NY ($20M, 155 participants).
Which 401(k) plans cover a similar participant headcount to Enovix Corporation Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ineight Inc. 401(k) Plan in AZ (305 participants, $42M 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 205871008.

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.