401(k) · DOL Form 5500 · 2023

Nortek, Inc. 401(k) Plan

Data updated 2026-08-11

$204M
Total assets
2,727
Participants
95th
Percentile by assets
$74,926
Avg per participant
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Official DOL plan name: Nortek 401(k) Plan · Sponsored by Nortek, Inc. · Illinois · Manufacturing

$204M in assets, 2,727 participants

Nortek, Inc.'s Nortek 401(k) Plan reported $204M in total assets and 2,727 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #17,211 in Manufacturing (18,722 peers)

Coverage in Illinois

Nortek 401(k) Plan covers 2,727 participants in Illinois, 3.5x the typical Illinois plan (state average ~779 per filing). Assets: $204M.

$204M
total plan assets (2023 EOY)
2,727
covered participants
95th
percentile by assets (of 127,072 plans)
$74,926
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nortek 401(k) Plan reported net income rose from -$38M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Nortek 401(k) Plan end-of-year assets rose from $177M in the plan year 2022 filing to $204M in the plan year 2023 filing.
  • Nortek 401(k) Plan reported participants fell from 2,913 in the plan year 2022 filing to 2,727 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Nortek 401(k) Plan reports 2,727 participants - 3.5x that state average ($204M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$177M
Net Assets (End of Year)$204M
Net Income$27M
Employer EIN050314991
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nortek, Inc.)

$170M$180M$190M$200M$210M 20222023 $177M $204M ▲ +15.3%
Total plan assets by year, all Nortek, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,913 $177M
2023 1 2,727 $204M

Nearby 401(k) Plans in Illinois

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

Nortek 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Nortek 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Nortek 401(k) PlanAccenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Nortek 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nortek 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Nortek 401(k) Plan assets move in 2023?
Nortek 401(k) Plan grew sharply - up 15.3% during 2023, from $177M to $204M. Reported net income was $27M.
How have Nortek, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Nortek, Inc.'s sponsor-wide assets grew 15.3%, from $177M to $204M.
Where does Nortek 401(k) Plan rank by assets among Form 5500 filers?
Nortek 401(k) Plan ranks in the 95th 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 Nortek 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Aveanna Healthcare 401(k) Plan in GA ($204M, 28,376 participants).

Filing takeaways

Ways to act on Nortek 401(k) Plan's numbers.