401(k) · DOL Form 5500 · 2022
Nvent Management Company 401(k) Plan
Data updated 2026-08-11
- $474M
- Total assets
- 2,971
- Participants
- 98th
- Percentile by assets
- $159,610
- Avg per participant
Official DOL plan name: Nvent Management Company Retirement Savings and Investment Plan · Sponsored by Nvent Management Company · Minnesota · Manufacturing
$474M in assets, 2,971 participants
Nvent Management Company's Nvent Management Company Retirement Savings and Investment Plan reported $474M in total assets and 2,971 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #19,831 in Manufacturing (20,602 peers)
Coverage in Minnesota
Nvent Management Company Retirement Savings and Investment Plan covers 2,971 participants in Minnesota, 2.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $474M.
- $474M
- total plan assets (2022 EOY)
- 2,971
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $159,610
- avg assets per participant
The plan reported a net loss of $115M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Nvent Management Company Retirement Savings and Investment Plan reports 2,971 participants - 2.6x that state average ($474M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $588M |
|---|---|
| Net Assets (End of Year) | $474M |
| Net Income | -$115M |
| Employer EIN | 823123161 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nvent Management Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,971 | $474M |
| 2023 | 1 | 3,291 | $575M |
| 2024 | 1 | 3,474 | $729M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Nvent Management Company Retirement Savings and Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Nvent Management Company Retirement Savings and Investment Plan by total assets, not by location.
- Holman Enterprises Supplemental Retirement and Savings Plan (NJ) $474M · 5,153
- The Cleveland-Cliffs Steel Corporation Thrift Plan (OH) $475M · 5,455
- Vinson & Elkins L. L. P. Retirement Plan a (TX) $474M · 769
- Lendlease 401(k) Plan (NC) $475M · 1,198
Frequently Asked Questions
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Filing takeaways
Ways to act on Nvent Management Company Retirement Savings and Investment Plan's numbers.
- By total assets, Nvent Management Company Retirement Savings and Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Nvent Management Company's sponsor-wide assets have grown 53.6% since 2022 across 3 plan years on file. More Manufacturing plans