401(k) · DOL Form 5500 · 2023

Nvent Management Company 401(k) Plan

Data updated 2026-08-25

$575M
Total assets Above avg plan size
3,291
Participants Above avg headcount
98th
Percentile by assets National rank
$174,836
Avg per participant Above avg balance/head
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Official DOL plan name: Nvent Management Company Retirement Savings and Investment Plan · Sponsored by Nvent Management Company · Minnesota · Manufacturing

$575M in assets, 3,291 participants

Nvent Management Company's Nvent Management Company Retirement Savings and Investment Plan reported $575M in total assets and 3,291 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #18,018 in Manufacturing (18,722 peers)

Coverage in Minnesota

Nvent Management Company Retirement Savings and Investment Plan covers 3,291 participants in Minnesota, 2.9x the typical Minnesota plan (state average ~1,126 per filing). Assets: $575M.

#18,018
in Manufacturing (18,722 peers)
+21.3%
assets growth YoY
5.8×
vs typical plan assets (national mean)

Nvent Management Company Retirement Savings and Investment Plan's outsized position by total assets

Nvent Management Company Retirement Savings and Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$575,386,415 Top 2% higher than 98% of 127,068 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 2023

Nvent Management Company Retirement Savings and Investment Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nvent Management Company Retirement Savings and Investment Plan lands in the large band (3,291 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nvent Management Company Retirement Savings and Investment Plan reported net income rose from -$115M in the plan year 2022 filing to $101M in the plan year 2023 filing.
  • Nvent Management Company Retirement Savings and Investment Plan end-of-year assets rose from $474M in the plan year 2022 filing to $575M in the plan year 2023 filing.
  • Nvent Management Company Retirement Savings and Investment Plan reported participants rose from 2,971 in the plan year 2022 filing to 3,291 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 823123161 · Nvent Management Company PY 2023 · 401(k)

Nvent Management Company Retirement Savings and Investment Plan · $575M · 3,291 · 98th

  • TYPE $575M
  • TYPE 3,291
  • TYPE 98th
  • TYPE 401(k)
  • TYPE near Hertz Corporation Income Savings Plan
  • TYPE ind #18018

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 Minnesota →

Nvent Management Company Retirement Savings and Investment Plan in the asset neighbourhood

Petsmart, Inc. Savesmart 401(k) PlanPetsmart, Inc. Savesmart 401…$576MGray Television, Inc. Capital Accumulation PlanGray Television, Inc. Capita…$576MNvent Management Company Retirement Savings and Investment PlanNvent Management Company Ret…$575MHertz Corporation Income Savings PlanHertz Corporation Income Sav…$575MC&s and Affiliates 401(k) Savings Plan (a)C&s and Affiliates 401(k) Sa…$575M
End-of-year total assets ($M) among Nvent Management Company Retirement Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$474M
Net Assets (End of Year)$575M
Net Income$101M
Employer EIN823123161
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nvent Management Company)

Sponsor-wide plan assets over time

All Nvent Management Company plans reported in each filing year

Latest sponsor-wide plan assets
$729M 53.64950617025399% vs 2022
2024 filing year
$400M$500M$600M$700M$800M 202220232024 $474M $729M ▲ +53.7%
Year Plans Participants Total Assets
2022 1 2,971 $474M
2023 1 3,291 $575M
2024 1 3,474 $729M

Nearby 401(k) Plans in Minnesota

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

Nvent Management Company Retirement Savings and Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Nvent Management Company Retirement Savings and Investment Plan, Total assets ($B): 0.575386415 · Participants: 3291Nvent Management Company Retirement Savings and Investment PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Nvent Management Company Retirement Savings and Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Nvent Management Company Retirement Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Hertz Corporation Income Savings Plan in FL ($575M); by covered participants it is Pinnacle Financial Partners, Inc. 401(k) Plan in TN (3,290 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($575M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,291 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nvent Management Company Retirement Savings and Investment Plan assets move in 2023? ▼
Nvent Management Company Retirement Savings and Investment Plan grew sharply - up 21.3% during 2023, from $474M to $575M. Reported net income was $101M.
How have Nvent Management Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nvent Management Company's sponsor-wide assets grew 53.6%, from $474M to $729M.
Where does Nvent Management Company Retirement Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Nvent Management Company Retirement Savings and Investment Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Nvent Management Company Retirement Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hertz Corporation Income Savings Plan in FL ($575M, 11,631 participants).
Which 401(k) plans cover a similar participant headcount to Nvent Management Company Retirement Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pinnacle Financial Partners, Inc. 401(k) Plan in TN (3,290 participants, $463M in assets).