401(k) · DOL Form 5500 · 2023

Nov Inc. 401(k) Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
10,830
Participants Very large workforce
99th
Percentile by assets National rank
$139,855
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #18,393 in Manufacturing (18,722 peers)

Coverage in Texas

Nov Inc. 401(k) Plan covers 10,830 participants in Texas, 16x the typical Texas plan (state average ~688 per filing). Assets: $1.5B.

#18,393
in Manufacturing (18,722 peers)
+12.4%
assets growth YoY
15×
vs typical plan assets (national mean)

Nov Inc. 401(k) Plan's outsized position by total assets

Nov Inc. 401(k) Plan vs every filed plan by assets

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

$1,514,629,755 Top 1% higher than 99% 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

Nov Inc. 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nov Inc. 401(k) Plan is a mega filing (10,830 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 760475815 · Nov Inc. PY 2023 · 401(k)

Nov Inc. 401(k) Plan · $1.5B · 10,830 · 99th

  • PART $1.5B
  • TYPE 10,830
  • NET 99th
  • BOOK 401(k)
  • VS-ST near Csx Corporation Capital Builder Plan
  • BOY ind #18393

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 Texas →

Nov Inc. 401(k) Plan in the asset neighbourhood

Thrivent 401(k) Plan$1.5BGrant Thornton LLP 401(k) Savings PlanGrant Thornton LLP 401(k) Sa…$1.5BCity National Bank Profit Sharing PlanCity National Bank Profit Sh…$1.5BNov Inc. 401(k) Plan$1.5BCsx Corporation Capital Builder PlanCsx Corporation Capital Buil…$1.5B
End-of-year total assets ($B) among Nov Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.5B
Net Income$167M
Employer EIN760475815
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nov Inc.)

Sponsor-wide plan assets over time

All Nov Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 22.83822634919488% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.35B $1.66B ▲ +23.0%
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 Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Nov Inc. 401(k) Plan, Total assets ($B): 1.514629755 · Participants: 10830Nov Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Nov Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
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 (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 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's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Csx Corporation Capital Builder Plan in FL ($1.5B); by covered participants it is Eastman Investment & Employee Stock Ownership Plan in TN (10,822 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (10,830 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 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 127,072 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).
Which 401(k) plans cover a similar participant headcount to Nov Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Eastman Investment & Employee Stock Ownership Plan in TN (10,822 participants, $3.4B 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 760475815.

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.