401(k) · DOL Form 5500 · 2023

Nec Corporation of America 401(k) Plan

Data updated 2026-08-11

$445M
Total assets
853
Participants
97th
Percentile by assets
$521,748
Avg per participant
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Official DOL plan name: Nec Corporation of America Retirement Plan · Sponsored by Nec Corporation of America · Texas · Manufacturing

$445M in assets, 853 participants

Nec Corporation of America's Nec Corporation of America Retirement Plan reported $445M in total assets and 853 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,865 in Manufacturing (18,722 peers)

Where Nec Corporation of America Retirement Plan sits by assets

Nec Corporation of America Retirement Plan sits in the top 5% of all filed plans by assets, $445M for 853 participants (~$521,748/participant), up 14.3% in 2023.

$445M
total plan assets (2023 EOY)
853
covered participants
97th
percentile by assets (of 127,072 plans)
$521,748
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nec Corporation of America Retirement Plan reported net income rose from -$117M in the plan year 2022 filing to $56M in the plan year 2023 filing.
  • Nec Corporation of America Retirement Plan end-of-year assets rose from $389M in the plan year 2022 filing to $445M in the plan year 2023 filing.
  • Nec Corporation of America Retirement Plan reported participants fell from 914 in the plan year 2022 filing to 853 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Nec Corporation of America Retirement Plan vs the 2023 asset distribution

By assets, Nec Corporation of America Retirement Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$389M
Net Assets (End of Year)$445M
Net Income$56M
Employer EIN200665337
Plan Effective Date1988-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nec Corporation of America)

$350M$400M$450M$500M 202220232024 $389M $469M ▲ +20.3%
Total plan assets by year, all Nec Corporation of America plans on file
Year Plans Participants Total Assets
2022 1 914 $389M
2023 1 853 $445M
2024 1 713 $469M

Nearby 401(k) Plans in Texas

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

Nec Corporation of America Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Nec Corporation of America Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Nec Corporation of A…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Nec Corporation of America Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nec Corporation of America Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Nec Corporation of America Retirement Plan assets move in 2023?
Nec Corporation of America Retirement Plan grew at a solid clip - up 14.3% during 2023, from $389M to $445M. Reported net income was $56M.
How have Nec Corporation of America plan assets changed over time?
Across 3 plan years on file (2022-2024), Nec Corporation of America's sponsor-wide assets grew 20.3%, from $389M to $469M.
Where does Nec Corporation of America Retirement Plan rank by assets among Form 5500 filers?
Nec Corporation of America Retirement Plan ranks in the 97th 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 Nec Corporation of America Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Amcor Rigid Packaging Savings and Investment Plan in MI ($445M, 3,298 participants).

Next read for Nec Corporation of America Retirement Pl…

Scale reading

Ways to act on Nec Corporation of America Retirement Plan's numbers.

  • By total assets, Nec Corporation of America Retirement 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 Texas. Compare plans
  • Nec Corporation of America's sponsor-wide assets have grown 20.3% since 2022 across 3 plan years on file. More Manufacturing plans