SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST

Plan Contact

  • Address: 20 E GREENWAY PLAZA SUITE 475,HOUSTON,TX
  • Contact person: JACKSON LYNCH
  • Phone: (281) 985-9870

Plan General Information

SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST is $36,712,463.00.This plan was established in 2015.

SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST is 1182

SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST is $31,059.00

SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST is $9,189.00.

SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST is approximately $3,494.00
Investing in this additonal $3,494.00 for 20 years would give you extra $223,664.00, assuming a 10% annual return.

SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST Total Employer Contribution and Match Rate

In 2023, SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST allocates $4,130,804.00 to match its employees' contributions, providing an employer match rate of 55.77% of their contributions

SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST is 76.10%.

SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST is 19.99%. This measures the effectiveness of the plan participants' investments in the year.

SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST is 0.42%.

Enrollment Features

SUNNOVA ENERGY CORPORATION 401(K) PLAN & TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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