Rivian Automotive, Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Rivian Automotive, Llc 401(k) Plan Facts (plan year 2020)

Plan name
RIVIAN AUTOMOTIVE LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
RIVIAN AUTOMOTIVE, LLC
Participants
1,313 (3,098 active employees)
Former employees with a balance
134
Plan assets
$63,617,052 at Dec 31, 2020
Average account balance
$25,956 across 2,451 accounts
Employer contributions
$4,256,036 in plan year 2020 (12% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 1994
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Sep 30, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $36.0 million went into the plan in contributions, $4.26 million of it from the employer (12%).
  • $1.91 million was paid out to participants.
  • Investment and other income added $8.40 million.
  • Administrative expenses were $132,741, about $54 per account.

How the Rivian Automotive, Llc 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201516$394,022$12,459$0
201633$904,104$102,500$284,767
2017101$4.33 million$272,613$6,016
2018232$7.82 million$616,510$777,795
2019482$21.3 million$1.41 million$789,210
20201,313$63.6 million$4.26 million$1.91 million

Rivian Automotive, Llc 401(k) Contact Information

Phone
248-767-9501
Mailing address
13250 N HAGGERTY RD, PLYMOUTH MI 48170
Plan sponsor
RIVIAN AUTOMOTIVE, LLC
Employer identification number (EIN)
47-3556480
Plan number
001

Questions about the Rivian Automotive, Llc 401(k)

Is the Rivian Automotive, Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

Does Rivian Automotive, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $4.26 million, 12% of all contributions.

Does the Rivian Automotive, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Rivian Automotive, Llc 401(k) plan?

1,313 participants at the start of plan year 2020, 3,098 of them active employees, and 134 former employees who still had money in the plan.

What is the average 401(k) balance at Rivian Automotive, Llc?

About $25,956 per account: $63.6 million in plan assets across 2,451 accounts with a balance at the end of plan year 2020.

Who manages the Rivian Automotive, Llc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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