401(k) · DOL Form 5500 · 2022

Nov Inc. 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
9,540
Participants Very large workforce
99th
Percentile by assets National rank
$141,265
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nov Inc. 401(k) Plan · Sponsored by Nov Inc. · Texas · Manufacturing

$1.3B in assets, 9,540 participants

Nov Inc.'s Nov Inc. 401(k) Plan reported $1.3B in total assets and 9,540 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #20,281 in Manufacturing (20,602 peers)

Coverage in Texas

Nov Inc. 401(k) Plan covers 9,540 participants in Texas, 14x the typical Texas plan (state average ~688 per filing). Assets: $1.3B.

#20,281
in Manufacturing (20,602 peers)
-16.4%
assets change YoY
14×
vs typical plan assets (national mean)

The plan reported a net loss of $266M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nov Inc. 401(k) Plan's outsized position by total assets

Nov Inc. 401(k) Plan vs every filed plan by assets

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

$1,347,672,176 Top 1% higher than 99% 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

Nov Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nov Inc. 401(k) Plan lands in the large band (9,540 participants).

DOL schedule card

Filing strip 760475815 · Nov Inc. PY 2022 · 401(k)

Nov Inc. 401(k) Plan · $1.3B · 9,540 · 99th

  • PCT $1.3B
  • EIN 9,540
  • RANK 99th
  • PHOTO 401(k)
  • IND near Advance 401(k) Plan
  • EOY ind #20281

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 Texas →

Nov Inc. 401(k) Plan in the asset neighbourhood

Nov Inc. 401(k) Plan$1.3BAdvance 401(k) Plan$1.3BFoley & Lardner LLP Defined Contribution Retirement PlanFoley & Lardner LLP Defined …$1.3BBank of the West 401(k) Savings PlanBank of the West 401(k) Savi…$1.3BTelephone and Data Systems, Inc. Tax-Deferred Savings PlanTelephone and Data Systems, …$1.4B
End-of-year total assets ($B) among Nov Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.3B
Net Income-$266M
Employer EIN760475815
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nov Inc.)

Sponsor-wide plan assets over time

All Nov Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 22.83822634919488% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.35B $1.66B ▲ +23.0%
Year Plans Participants Total Assets
2022 1 9,540 $1.3B
2023 1 10,830 $1.5B
2024 2 11,429 $1.7B

Nearby 401(k) Plans in Texas

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

Nov Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -10010203040 Total assets ($B) Participants Nov Inc. 401(k) Plan, Total assets ($B): 1.347672176 · Participants: 9540Nov Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Nov Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Nov Inc. 401(k) Plan

Nov Inc. 401(k) Plan reports $1.3B in end-of-year assets across 9,540 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $141,265 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2022 was -$266M.

This plan identity (EIN 760475815, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.6B (+22.2%) while covered participants moved from 9,540 to 11,249 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,540 $1.3B This page
2023 10,830 $1.5B Open filing
2024 · index core 11,249 $1.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Nov Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Advance 401(k) Plan in NY ($1.3B); by covered participants it is Bj's Restaurants, Inc. 401(k) Plan in CA (9,542 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (9,540 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 Nov Inc. 401(k) Plan assets move in 2022? ▼
Nov Inc. 401(k) Plan declined sharply - down 16.4% during 2022, from $1.6B to $1.3B. Reported net income was -$266M.
How have Nov Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nov Inc.'s sponsor-wide assets grew 22.8%, from $1.3B to $1.7B.
Where does Nov Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Nov Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Nov Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Advance 401(k) Plan in NY ($1.3B, 6,795 participants).
Which 401(k) plans cover a similar participant headcount to Nov Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bj's Restaurants, Inc. 401(k) Plan in CA (9,542 participants, $30M in assets).