401(k) · DOL Form 5500 · 2022

Nexteer Automotive Corporation 401(k) Plan

Data updated 2026-08-25

$338M
Total assets Above avg plan size
1,686
Participants Near avg headcount
97th
Percentile by assets National rank
$200,708
Avg per participant Above avg balance/head
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Official DOL plan name: Nexteer Automotive Salaried 401(k) Retirement Plan · Sponsored by Nexteer Automotive Corporation · Michigan · Manufacturing

$338M in assets, 1,686 participants

Nexteer Automotive Corporation's Nexteer Automotive Salaried 401(k) Retirement Plan reported $338M in total assets and 1,686 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #19,623 in Manufacturing (20,602 peers)

Coverage in Michigan

Nexteer Automotive Salaried 401(k) Retirement Plan covers 1,686 participants in Michigan, 2.6x the typical Michigan plan (state average ~638 per filing). Assets: $338M.

#19,623
in Manufacturing (20,602 peers)
-16.9%
assets change YoY
3.4×
vs typical plan assets (national mean)

The plan reported a net loss of $69M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$338,394,158 Top 3% higher than 97% 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 Salaried 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 Salaried 401(k) Retirement Plan lands in the large band (1,686 participants).

DOL schedule card

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

Nexteer Automotive Salaried 401(k) Retirement Plan · $338M · 1,686 · 97th

  • PHOTO $338M
  • PHOTO 1,686
  • PHOTO 97th
  • PHOTO 401(k)
  • PHOTO near Shannon Medical Center 401(k) Savings and Retirement Plan
  • PHOTO ind #19623

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 Salaried 401(k) Retirement Plan in the asset neighbourhood

Shannon Medical Center 401(k) Savings and Retirement PlanShannon Medical Center 401(k…$338MBright Horizons 401(k) Plan$339MNexteer Automotive Salaried 401(k) Retirement PlanNexteer Automotive Salaried …$338MKelley Drye & Warren LLP Retirement Savings PlanKelley Drye & Warren LLP Ret…$338MSouthern California Permanente Medical Group Tax Savings Retirement PlanSouthern California Permanen…$338M
End-of-year total assets ($M) among Nexteer Automotive Salaried 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)$407M
Net Assets (End of Year)$338M
Net Income-$69M
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 Salaried 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Nexteer Automotive Salaried 401(k) Retirement Plan, Total assets ($B): 0.338394158 · Participants: 1686Nexteer Automotive Salaried 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 Salaried 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Shannon Medical Center 401(k) Savings and Retirement Plan in TX ($338M); by covered participants it is Northeast Security, Inc 401(k) Profit Sharing Plan in MA (1,686 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,686 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 Salaried 401(k) Retirement Plan assets move in 2022? ▼
Nexteer Automotive Salaried 401(k) Retirement Plan declined sharply - down 16.9% during 2022, from $407M to $338M. Reported net income was -$69M.
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 Salaried 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Nexteer Automotive Salaried 401(k) Retirement Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Nexteer Automotive Salaried 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Shannon Medical Center 401(k) Savings and Retirement Plan in TX ($338M, 3,944 participants).
Which 401(k) plans cover a similar participant headcount to Nexteer Automotive Salaried 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Northeast Security, Inc 401(k) Profit Sharing Plan in MA (1,686 participants, $2M in assets).