401(k) · DOL Form 5500 · 2023

Novares US Engine Components, Inc. 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
509
Participants Below avg headcount
86th
Percentile by assets National rank
$106,855
Avg per participant Below avg balance/head
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Official DOL plan name: Novares US Engine Components, Inc. 401(k) Savings Plan · Sponsored by Novares US Engine Components, Inc. · Wisconsin · Manufacturing

$54M in assets, 509 participants

Novares US Engine Components, Inc.'s Novares US Engine Components, Inc. 401(k) Savings Plan reported $54M in total assets and 509 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #15,017 in Manufacturing (18,722 peers)

Where Novares US Engine Components, Inc. 401(k) Savings Plan sits by assets

Novares US Engine Components, Inc. 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $54M for 509 participants (~$106,855/participant), up 8.3% in 2023.

#15,017
in Manufacturing (18,722 peers)
+8.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Novares US Engine Components, Inc. 401(k) Savings Plan's outsized position by total assets

Novares US Engine Components, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$54,389,142 Top 14% higher than 86% 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

Novares US Engine Components, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novares US Engine Components, Inc. 401(k) Savings Plan sits mid-pack in the medium band (509 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Novares US Engine Components, Inc. 401(k) Savings Plan reported net income rose from -$17M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Novares US Engine Components, Inc. 401(k) Savings Plan end-of-year assets rose from $50M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • Novares US Engine Components, Inc. 401(k) Savings Plan reported participants fell from 519 in the plan year 2022 filing to 509 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 391172503 · Novares US Engine Components, Inc. PY 2023 · 401(k)

Novares US Engine Components, Inc. 401(k) Savings Plan · $54M · 509 · 86th

  • VS-ST $54M
  • BOY 509
  • SCH 86th
  • EBSA 401(k)
  • PART near Long-Term Care Partners 401(k) Plan
  • TYPE ind #15017

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 Wisconsin →

Novares US Engine Components, Inc. 401(k) Savings Plan in the asset neighbourhood

Tax Deferred Annuity Plan of Adapt Community NetworkTax Deferred Annuity Plan of…$54MNovares US Engine Components, Inc. 401(k) Savings PlanNovares US Engine Components…$54MLong-Term Care Partners 401(k) PlanLong-Term Care Partners 401(…$54MItn Networks Salary Deferral PlanItn Networks Salary Deferral…$54MStokes Lawrence, P.S. 401(k) Profit Sharing PlanStokes Lawrence, P.S. 401(k)…$54M
End-of-year total assets ($M) among Novares US Engine Components, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$54M
Net Income$4M
Employer EIN391172503
Plan Effective Date1989-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Novares US Engine Components, Inc.)

Sponsor-wide plan assets over time

All Novares US Engine Components, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$57M 14.479236848486607% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $50.2M $57.5M ▲ +14.5%
Year Plans Participants Total Assets
2022 1 519 $50M
2023 1 509 $54M
2024 1 511 $57M

Nearby 401(k) Plans in Wisconsin

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

Novares US Engine Components, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Novares US Engine Components, Inc. 401(k) Savings Plan, Total assets ($B): 0.054389142 · Participants: 509Novares US Engine Components, Inc. 401(k) Savings PlanAdvocate Aurora Health 401(k) Plan, Total assets ($B): 9.125723544 · Participants: 76956Advocate Aurora Health 401(k) PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 6.160116767 · Participants: 28904Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.81171463 · Participants: 25280Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 4.550761 · Participants: 11236Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.62235882 · Participants: 8877Rockwell Automation Retirement Savings Plan
Novares US Engine Components, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants
Compare Novares US Engine Components, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Novares US Engine Components, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Long-Term Care Partners 401(k) Plan in NH ($54M); by covered participants it is Strongmind, Inc. 401(k) Plan in AZ (509 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (509 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 Novares US Engine Components, Inc. 401(k) Savings Plan assets move in 2023? ▼
Novares US Engine Components, Inc. 401(k) Savings Plan grew at a solid clip - up 8.3% during 2023, from $50M to $54M. Reported net income was $4M.
How have Novares US Engine Components, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novares US Engine Components, Inc.'s sponsor-wide assets grew 14.5%, from $50M to $57M.
Where does Novares US Engine Components, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Novares US Engine Components, Inc. 401(k) Savings Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Novares US Engine Components, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Long-Term Care Partners 401(k) Plan in NH ($54M, 431 participants).
Which 401(k) plans cover a similar participant headcount to Novares US Engine Components, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Strongmind, Inc. 401(k) Plan in AZ (509 participants, $15M in assets).

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 391172503.

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.