401(k) · DOL Form 5500 · 2022
Nexteer Automotive Corporation 401(k) Plan
Data updated 2026-08-06
- $338M
- Total assets
- 1,686
- Participants
- 97th
- Percentile by assets
- $200,708
- Avg per participant
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.
- 97th percentile by assets (of 139,258 plans)
- #19,647 in Manufacturing (20,629 peers)
Coverage in Michigan
Nexteer Automotive Salaried 401(k) Retirement Plan covers 1,686 participants in Michigan, 2.7x the typical Michigan plan (state average ~632 per filing). Assets: $338M.
- $338M
- total plan assets (2022 EOY)
- 1,686
- covered participants
- 97th
- percentile by assets (of 139,258 plans)
- $200,708
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 632 participants across 3,963 plans. Nexteer Automotive Salaried 401(k) Retirement Plan reports 1,686 participants - 2.7x that state average ($338M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $407M |
|---|---|
| Net Assets (End of Year) | $338M |
| Net Income | -$69M |
| Employer EIN | 261668808 |
| Plan Effective Date | 2011-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nexteer Automotive Corporation)
| 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
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Nexteer Automotive Salaried 401(k) Retirement Plan by total assets, not by location.
- Shannon Medical Center 401(k) Savings and Retirement Plan (TX) $338M · 3,944
- Bright Horizons 401(k) Plan (MA) $339M · 15,039
- Kelley Drye & Warren LLP Retirement Savings Plan (NY) $338M · 543
- Southern California Permanente Medical Group Tax Savings Retirement Plan (CA) $338M · 2,204
Frequently Asked Questions
How did Nexteer Automotive Salaried 401(k) Retirement Plan assets move in 2022? ▼
How have Nexteer Automotive Corporation plan assets changed over time? ▼
Where does Nexteer Automotive Salaried 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Nexteer Automotive Salaried 401(k) Retirement Plan's numbers.
- By total assets, Nexteer Automotive Salaried 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Nexteer Automotive Corporation's sponsor-wide assets have grown 20.0% since 2022 across 3 plan years on file. More Manufacturing plans