2023 Form 5500 filing — Enovix Corporation Profit Sharing 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015141104NAL0029925009001) for Enovix Corporation Profit Sharing 401(K) Plan, reported by Enovix Corporation under EIN 20-5871008 and plan number 001. It reports 430 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$20.1MReported net assets$20,077,345
Participants430
Provider compensation$48.7K3 Schedule C row(s)$48,662
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015141104NAL0029925009001
- Plan sponsor
- Enovix Corporation
- EIN
- 20-5871008
- Plan number
- 001
- Location
- Fremont, CA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$20.1M total assets
Net assets$20.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $20,077,345
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,077,345
- Employer contributions
- $1,597,708
- Participant contributions
- $3,093,419
- Total income / additions
- $7,881,957
- Benefits paid
- $3,308,760
- Administrative expenses
- $107,615
- Total expenses
- $3,423,113
- Net increase / (decrease)
- $4,458,844
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kearney-Burch Financial Services | FINANCIAL ADVISOR | $29,680 | $0 |
| Rubey & Rust Capital Mgmt LLC | INVESTMENT ADVISOR | $15,779 | $0 |
| John Hancock Life Ins. Company | RECORDKEEPER | $2,453 | $750 |