401(k) · DOL Form 5500 · 2022

Nexteer Automotive Corporation 401(k) Plan

Data updated 2026-08-25

$139M
Total assets Near avg plan size
2,192
Participants Above avg headcount
94th
Percentile by assets National rank
$63,428
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nexteer Automotive Hourly 401(k) Retirement Plan · Sponsored by Nexteer Automotive Corporation · Michigan · Manufacturing

$139M in assets, 2,192 participants

Nexteer Automotive Corporation's Nexteer Automotive Hourly 401(k) Retirement Plan reported $139M in total assets and 2,192 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #18,783 in Manufacturing (20,602 peers)

Coverage in Michigan

Nexteer Automotive Hourly 401(k) Retirement Plan covers 2,192 participants in Michigan, 3.4x the typical Michigan plan (state average ~638 per filing). Assets: $139M.

#18,783
in Manufacturing (20,602 peers)
-16.8%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $28M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nexteer Automotive Hourly 401(k) Retirement Plan's outsized position by total assets

Nexteer Automotive Hourly 401(k) Retirement Plan vs every filed plan by assets

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

$139,034,961 Top 6% higher than 94% 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

Nexteer Automotive Hourly 401(k) Retirement 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. Nexteer Automotive Hourly 401(k) Retirement Plan lands in the large band (2,192 participants).

Form 5500 schedule snapshot

Filing strip 261668808 · Nexteer Automotive Corporation PY 2022 · 401(k)

Nexteer Automotive Hourly 401(k) Retirement Plan · $139M · 2,192 · 94th

  • VS-ST $139M
  • BOY 2,192
  • SCH 94th
  • EBSA 401(k)
  • PART near Stanley Electric Associates 401(k) Plan
  • TYPE ind #18783

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 Michigan →

Nexteer Automotive Hourly 401(k) Retirement Plan in the asset neighbourhood

The Hillman Group, Inc. Retirement Savings and Profit Sharing PlanThe Hillman Group, Inc. Reti…$139MNovanta Corporation 401(k) PlanNovanta Corporation 401(k) P…$139MStanley Electric Associates 401(k) PlanStanley Electric Associates …$139MRambus Inc. 401(k) Plan$139MNexteer Automotive Hourly 401(k) Retirement PlanNexteer Automotive Hourly 40…$139M
End-of-year total assets ($M) among Nexteer Automotive Hourly 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$167M
Net Assets (End of Year)$139M
Net Income-$28M
Employer EIN261668808
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexteer Automotive Corporation)

Sponsor-wide plan assets over time

All Nexteer Automotive Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$573M 19.98147687342883% vs 2022
2024 filing year
$450M$500M$550M$600M 202220232024 $477M $573M ▲ +20.0%
Year Plans Participants Total Assets
2022 2 3,878 $477M
2023 2 3,684 $536M
2024 2 3,495 $573M

Nearby 401(k) Plans in Michigan

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

Nexteer Automotive Hourly 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Nexteer Automotive Hourly 401(k) Retirement Plan, Total assets ($B): 0.139034961 · Participants: 2192Nexteer Automotive Hourly 401(k) Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Nexteer Automotive Hourly 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Nexteer Automotive Hourly 401(k) Retirement Plan side-by-side with 3 peers →

Nexteer Automotive Hourly 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Stanley Electric Associates 401(k) Plan in OH ($139M); by covered participants it is Armanino LLP 401(k) Profit Sharing Plan in CA (2,192 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($139M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,192 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 Nexteer Automotive Hourly 401(k) Retirement Plan assets move in 2022? ▼
Nexteer Automotive Hourly 401(k) Retirement Plan declined sharply - down 16.8% during 2022, from $167M to $139M. Reported net income was -$28M.
How have Nexteer Automotive Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexteer Automotive Corporation's sponsor-wide assets grew 20.0%, from $477M to $573M.
Where does Nexteer Automotive Hourly 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Nexteer Automotive Hourly 401(k) Retirement Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Nexteer Automotive Hourly 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stanley Electric Associates 401(k) Plan in OH ($139M, 1,986 participants).
Which 401(k) plans cover a similar participant headcount to Nexteer Automotive Hourly 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Armanino LLP 401(k) Profit Sharing Plan in CA (2,192 participants, $217M 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 261668808.

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.