401(k) · DOL Form 5500 · 2023

Nvent Management Company 401(k) Plan

Data updated 2026-08-11

$575M
Total assets: 3,291
Participants: 98th
Percentile by assets: $174,836
Avg per participant

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.

98th percentile by assets (of 127,072 plans)
#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.

$575M
total plan assets (2023 EOY): 3,291
covered participants: 98th
percentile by assets (of 127,072 plans): $174,836
avg assets per participant

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 →

State

Minnesota

Industry

Manufacturing

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Nvent Management Company Retirement Savings and Investment Plan reports 3,291 participants - 2.9x that state average ($575M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$474M
Net Assets (End of Year)	$575M
Net Income	$101M
Employer EIN	823123161
Plan Effective Date	2019-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Nvent Management Company)

Total plan assets by year, all Nvent Management Company plans on file

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

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Nvent Management Company Retirement Savi… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nvent Management Company Retirement Savings and Investment Plan by total assets, not by location.

Hertz Corporation Income Savings Plan (FL) $575M · 11,631
Gray Television, Inc. Capital Accumulation Plan (GA) $576M · 8,287
Petsmart, Inc. Savesmart 401(k) Plan (AZ) $576M · 48,827
C&s and Affiliates 401(k) Savings Plan (a) (NH) $575M · 12,135

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).

Next read for Nvent Management Company Retirement Savi…

Filing takeaways

Ways to act on Nvent Management Company Retirement Savings and Investment Plan's numbers.

By total assets, Nvent Management Company Retirement Savings and Investment 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 Minnesota. Compare plans
Nvent Management Company's sponsor-wide assets have grown 53.6% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 823123161.