401(k) · DOL Form 5500 · 2024
Nvent Management Company 401(k) Plan
Data updated 2026-08-11
- $729M
- Total assets
- 3,474
- Participants
- 98th
- Percentile by assets
- $209,731
- Avg per participant
Official DOL plan name: Nvent Management Company Retirement Savings and Investment Plan · Sponsored by Nvent Management Company · Minnesota · Manufacturing
$729M in assets, 3,474 participants
Nvent Management Company's Nvent Management Company Retirement Savings and Investment Plan reported $729M in total assets and 3,474 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 123,622 plans)
- #17,192 in Manufacturing (17,777 peers)
Coverage in Minnesota
Nvent Management Company Retirement Savings and Investment Plan covers 3,474 participants in Minnesota, 3.1x the typical Minnesota plan (state average ~1,126 per filing). Assets: $729M.
- $729M
- total plan assets (2024 EOY)
- 3,474
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $209,731
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Nvent Management Company Retirement Savings and Investment Plan reported net income fell from $101M in the plan year 2023 filing to $72M in the plan year 2024 filing.
- Nvent Management Company Retirement Savings and Investment Plan end-of-year assets rose from $575M in the plan year 2023 filing to $729M in the plan year 2024 filing.
- Nvent Management Company Retirement Savings and Investment Plan reported participants rose from 3,291 in the plan year 2023 filing to 3,474 in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Nvent Management Company Retirement Savings and Investment Plan reports 3,474 participants - 3.1x that state average ($729M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $575M |
|---|---|
| Net Assets (End of Year) | $729M |
| Net Income | $72M |
| Employer EIN | 823123161 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nvent Management Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,971 | $474M |
| 2023 | 1 | 3,291 | $575M |
| 2024 | 1 | 3,474 | $729M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Nvent Management Company Retirement Savings and Investment Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Nvent Management Company Retirement Savings and Investment Plan by total assets, not by location.
- Viavi Solutions 401(k) Plan (CA) $729M · 1,506
- The Cultural Institutions Savings Plan (NY) $729M · 8,139
- The Aes Corporation Retirement Savings Plan (VA) $728M · 2,604
- East Penn Manufacturing Co. 401(k) Savings Plan (PA) $729M · 9,841
Frequently Asked Questions
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Filing takeaways
Ways to act on Nvent Management Company Retirement Savings and Investment Plan's numbers.
- By total assets, Nvent Management Company Retirement Savings and Investment 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 Minnesota. Compare plans
- Nvent Management Company's sponsor-wide assets have grown 53.6% since 2022 across 3 plan years on file. More Manufacturing plans