401(k) · DOL Form 5500 · 2022

Nov Inc. 401(k) Plan

Data updated 2026-08-06

$1.3B
Total assets
9,540
Participants
99th
Percentile by assets
$141,265
Avg per participant
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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.

  • 99th percentile by assets (of 139,258 plans)
  • #20,308 in Manufacturing (20,629 peers)

Coverage in Texas

Nov Inc. 401(k) Plan covers 9,540 participants in Texas, 14x the typical Texas plan (state average ~704 per filing). Assets: $1.3B.

$1.3B
total plan assets (2022 EOY)
9,540
covered participants
99th
percentile by assets (of 139,258 plans)
$141,265
avg assets per participant

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.

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Nov Inc. 401(k) Plan reports 9,540 participants - 14x that state average ($1.3B EOY assets).

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.)

$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.35B $1.66B ▲ +23.0%
Total plan assets by year, all Nov Inc. plans on file
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

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) PlanAT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell 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 (0.012% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.011% of 89,805,449 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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nov Inc. 401(k) Plan by total assets, not by location.

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 139,258 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).

Filing takeaways

Ways to act on Nov Inc. 401(k) Plan's numbers.