Plan Snapshot
- Plan Sponsor: Sunnova Energy Corporation
- Sponsor EIN: 461216532
- Sponsor Address: 20 E GREENWAY PLAZA SUITE 475, HOUSTON, TX, 77046
- Plan Type: 401(k)
- Total Participants: 1,665
- Total Assets: $53.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,665 | $53.7M | $5.8M | $9.9M |
| 2023 | 1,911 | $36.7M | $4.1M | $7.4M |
| 2022 | 933 | $20.8M | $2.1M | $4.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ABIP,PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ABIP,PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $298,818 | $163,584 | — | — | — |
| 2023 | $155,752 | $96,647 | — | — | — |
| 2022 | $119,465 | — | $119,465 | — | — |