401(k) · DOL Form 5500 · 2023

Nov Inc. 401(k) Plan

Data updated 2026-08-06

$1.5B
Total assets: 10,830
Participants: 99th
Percentile by assets: $139,855
Avg per participant

Official DOL plan name: Nov Inc. 401(k) Plan · Sponsored by Nov Inc. · Texas · Manufacturing

$1.5B in assets, 10,830 participants

Nov Inc.'s Nov Inc. 401(k) Plan reported $1.5B in total assets and 10,830 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 126,618 plans)
#18,343 in Manufacturing (18,672 peers)

Coverage in Texas

Nov Inc. 401(k) Plan covers 10,830 participants in Texas, 15x the typical Texas plan (state average ~704 per filing). Assets: $1.5B.

$1.5B
total plan assets (2023 EOY): 10,830
covered participants: 99th
percentile by assets (of 126,618 plans): $139,855
avg assets per participant

Nov Inc. 401(k) Plan reported net income rose from -$266M in the plan year 2022 filing to $167M in the plan year 2023 filing.
Nov Inc. 401(k) Plan reported participants rose from 9,540 in the plan year 2022 filing to 10,830 in the plan year 2023 filing.
Nov Inc. 401(k) Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

Texas

Industry

Manufacturing

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Nov Inc. 401(k) Plan reports 10,830 participants - 15x that state average ($1.5B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$1.3B
Net Assets (End of Year)	$1.5B
Net Income	$167M
Employer EIN	760475815
Plan Effective Date	1987-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Nov Inc.)

Total plan assets by year, all Nov Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	9,540	$1.3B
2023	1	10,830	$1.5B
2024	2	11,429	$1.7B

Nearby 401(k) Plans in Texas

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

Nov Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $40.0B · 119,854
Exxonmobil Savings Plan $21.9B · 23,477
Caterpillar 401(k) Savings Plan $16.5B · 41,679
American Airlines, Inc. 401(k) Plan $14.7B · 88,792
Dell Inc. 401(k) Plan $13.5B · 45,686

Compare Nov Inc. 401(k) Plan side-by-side with 3 peers →

Scale composition for Nov Inc. 401(k) Plan

Nov Inc. 401(k) Plan reports $1.5B in end-of-year assets across 10,830 participants (0.013% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.012% of 89,805,449 covered participants) - about $139,855 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2023 was $167M.

This plan identity (EIN 760475815, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.6B (+22.2%) while covered participants moved from 9,540 to 11,249 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	9,540	$1.3B	Open filing
2023	10,830	$1.5B	This page
2024 · index core	11,249	$1.6B	Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Nov Inc. 401(k) Plan (401(k), $1.6B, 11,249 participants)

Similar-Sized 401(k) Plans Nationally

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

Csx Corporation Capital Builder Plan (FL) $1.5B · 20,710
Thrivent 401(k) Plan (MN) $1.5B · 6,125
Grant Thornton LLP 401(k) Savings Plan (IL) $1.5B · 7,676
City National Bank Profit Sharing Plan (CA) $1.5B · 6,098

Frequently Asked Questions

How did Nov Inc. 401(k) Plan assets move in 2023? ▼

Nov Inc. 401(k) Plan grew at a solid clip - up 12.4% during 2023, from $1.3B to $1.5B. Reported net income was $167M.

How have Nov Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Nov Inc.'s sponsor-wide assets grew 22.8%, from $1.3B to $1.7B.

Where does Nov Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼

Nov Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Nov Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Csx Corporation Capital Builder Plan in FL ($1.5B, 20,710 participants).

Next read for Nov Inc. 401(k) Plan

Filing takeaways

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

By total assets, Nov Inc. 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
Nov Inc.'s sponsor-wide assets have grown 22.8% 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 760475815.