401(k) · DOL Form 5500 · 2023
Nexteer Automotive Corporation 401(k) Plan
Data updated 2026-08-25
- $376M
- Total assets Above avg plan size
- 1,629
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $230,740
- Avg per participant Above avg balance/head
Official DOL plan name: Nexteer Automotive Salaried 401(k) Retirement Plan · Sponsored by Nexteer Automotive Corporation · Michigan · Manufacturing
$376M in assets, 1,629 participants
Nexteer Automotive Corporation's Nexteer Automotive Salaried 401(k) Retirement Plan reported $376M in total assets and 1,629 participants in its 2023 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.
- #17,748 in Manufacturing (18,722 peers)
Coverage in Michigan
Nexteer Automotive Salaried 401(k) Retirement Plan covers 1,629 participants in Michigan, 2.6x the typical Michigan plan (state average ~638 per filing). Assets: $376M.
- #17,748
- in Manufacturing (18,722 peers)
- +11.1%
- assets growth YoY
- 3.8×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$375,875,492 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Nexteer Automotive Salaried 401(k) Retirement 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. Nexteer Automotive Salaried 401(k) Retirement Plan lands in the large band (1,629 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Nexteer Automotive Salaried 401(k) Retirement Plan reported net income rose from -$69M in the plan year 2022 filing to $37M in the plan year 2023 filing.
- Nexteer Automotive Salaried 401(k) Retirement Plan end-of-year assets rose from $338M in the plan year 2022 filing to $376M in the plan year 2023 filing.
- Nexteer Automotive Salaried 401(k) Retirement Plan reported participants fell from 1,686 in the plan year 2022 filing to 1,629 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 261668808 · Nexteer Automotive Corporation PY 2023 · 401(k)
Nexteer Automotive Salaried 401(k) Retirement Plan · $376M · 1,629 · 97th
- PHOTO $376M
- IND 1,629
- EOY 97th
- 5500 401(k)
- ASSETS near Lockheed Martin Corporation Operations Support Savings Plan
- PCT ind #17748
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
Michigan filing particulars
| Total Assets (Beginning of Year) | $338M |
|---|---|
| Net Assets (End of Year) | $376M |
| Net Income | $37M |
| Employer EIN | 261668808 |
| Plan Effective Date | 2011-01-01 |
| Filing Status | FILING 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
| 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.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
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 Lockheed Martin Corporation Operations Support Savings Plan in MD ($376M); by covered participants it is M/I Homes, Inc. 401(k) Profit Sharing Plan in OH (1,629 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($376M here).
- Lockheed Martin Corporation Operations Support Savings Plan (MD) $376M · 1,447
- Smithfield Foods, Inc. Hourly 401(k) Plan (VA) $376M · 16,803
- American Tower Retirement Savings Plan (MA) $376M · 1,910
- Tanner Advantage 401(k) Plan (GA) $376M · 3,878
Similar participant headcount
Nearest other-state filings by covered participants (1,629 participants); asset peers above are excluded.
- M/I Homes, Inc. 401(k) Profit Sharing Plan (OH) 1,629 · 0 off
- Trex Company, Inc. 401(k) Profit Sharing Plan (VA) 1,629 · 0 off
- Eliot Community Human Services, Inc. 401(k) Plan (MA) 1,629 · 0 off
- National Carwash Solutions Savings Plan (IA) 1,630 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.