401(k) · DOL Form 5500 · 2022

Novares US Engine Components, Inc. 401(k) Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
519
Participants Below avg headcount
88th
Percentile by assets National rank
$96,756
Avg per participant Below avg balance/head
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Official DOL plan name: Novares US Engine Components, Inc. 401(k) Savings Plan · Sponsored by Novares US Engine Components, Inc. · Wisconsin · Manufacturing

$50M in assets, 519 participants

Novares US Engine Components, Inc.'s Novares US Engine Components, Inc. 401(k) Savings Plan reported $50M in total assets and 519 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #16,975 in Manufacturing (20,602 peers)

Where Novares US Engine Components, Inc. 401(k) Savings Plan sits by assets

Novares US Engine Components, Inc. 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $50M for 519 participants (~$96,756/participant), down 25.0% in 2022.

#16,975
in Manufacturing (20,602 peers)
-25.0%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novares US Engine Components, Inc. 401(k) Savings Plan's outsized position by total assets

Novares US Engine Components, Inc. 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$50,216,293 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Novares US Engine Components, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novares US Engine Components, Inc. 401(k) Savings Plan sits mid-pack in the medium band (519 participants).

DOL schedule card

Filing strip 391172503 · Novares US Engine Components, Inc. PY 2022 · 401(k)

Novares US Engine Components, Inc. 401(k) Savings Plan · $50M · 519 · 88th

  • EOY $50M
  • 5500 519
  • ASSETS 88th
  • PCT 401(k)
  • EIN near Kravet Inc. 401(k) Savings and Profit Sharing Plan
  • RANK ind #16975

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Wisconsin →

Novares US Engine Components, Inc. 401(k) Savings Plan in the asset neighbourhood

Novares US Engine Components, Inc. 401(k) Savings PlanNovares US Engine Components…$50MKravet Inc. 401(k) Savings and Profit Sharing PlanKravet Inc. 401(k) Savings a…$50MVirginia Physicians, Inc. 401(k) PlanVirginia Physicians, Inc. 40…$50MSoutheast Radiology, Ltd. Profit Sharing PlanSoutheast Radiology, Ltd. Pr…$50MJjf Management Services Inc. 401(k) PlanJjf Management Services Inc.…$50M
End-of-year total assets ($M) among Novares US Engine Components, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$67M
Net Assets (End of Year)$50M
Net Income-$17M
Employer EIN391172503
Plan Effective Date1989-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novares US Engine Components, Inc.)

Sponsor-wide plan assets over time

All Novares US Engine Components, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$57M 14.479236848486607% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $50.2M $57.5M ▲ +14.5%
Year Plans Participants Total Assets
2022 1 519 $50M
2023 1 509 $54M
2024 1 511 $57M

Nearby 401(k) Plans in Wisconsin

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Novares US Engine Components, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Novares US Engine Components, Inc. 401(k) Savings Plan, Total assets ($B): 0.050216293 · Participants: 519Novares US Engine Components, Inc. 401(k) Savings PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 5.548820507 · Participants: 28701Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.339639169 · Participants: 26610Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 3.978902 · Participants: 11034Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.151693798 · Participants: 8032Rockwell Automation Retirement Savings PlanNm Employee Savings Plan, Total assets ($B): 2.385991887 · Participants: 7423Nm Employee Savings Plan
Novares US Engine Components, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Novares US Engine Components, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Novares US Engine Components, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Kravet Inc. 401(k) Savings and Profit Sharing Plan in NY ($50M); by covered participants it is Rensselaer County Chapter Nysarc, Inc. Pension Plan in NY (519 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (519 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Novares US Engine Components, Inc. 401(k) Savings Plan assets move in 2022? ▼
Novares US Engine Components, Inc. 401(k) Savings Plan declined sharply - down 25.0% during 2022, from $67M to $50M. Reported net income was -$17M.
How have Novares US Engine Components, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novares US Engine Components, Inc.'s sponsor-wide assets grew 14.5%, from $50M to $57M.
Where does Novares US Engine Components, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Novares US Engine Components, Inc. 401(k) Savings Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Novares US Engine Components, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kravet Inc. 401(k) Savings and Profit Sharing Plan in NY ($50M, 688 participants).
Which 401(k) plans cover a similar participant headcount to Novares US Engine Components, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rensselaer County Chapter Nysarc, Inc. Pension Plan in NY (519 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 391172503.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.