401(k) · DOL Form 5500 · 2024

Nextracker, LLC. 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
392
Participants Below avg headcount
84th
Percentile by assets National rank
$130,289
Avg per participant Near avg balance/head
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Official DOL plan name: Nextracker 401(k) Plan · Sponsored by Nextracker, LLC. · California · Manufacturing

$51M in assets, 392 participants

Nextracker, LLC.'s Nextracker 401(k) Plan reported $51M in total assets and 392 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #13,827 in Manufacturing (17,777 peers)

Where Nextracker 401(k) Plan sits by assets

Nextracker 401(k) Plan sits in the top quartile of all filed plans by assets, $51M for 392 participants (~$130,289/participant), up 47.5% in 2024.

#13,827
in Manufacturing (17,777 peers)
+47.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Nextracker 401(k) Plan's outsized position by total assets

Nextracker 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$51,073,274 Top 16% higher than 84% of 123,620 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 2024

Nextracker 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nextracker 401(k) Plan sits mid-pack in the medium band (392 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nextracker 401(k) Plan reported participants rose from 234 in the plan year 2023 filing to 392 in the plan year 2024 filing.
  • Nextracker 401(k) Plan end-of-year assets rose from $35M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • Nextracker 401(k) Plan reported net income rose from $11M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 463955221 · Nextracker, LLC. PY 2024 · 401(k)

Nextracker 401(k) Plan · $51M · 392 · 84th

  • PCT $51M
  • PCT 392
  • PCT 84th
  • PCT 401(k)
  • PCT near Sands Anderson PC Profit Sharing Plan
  • PCT ind #13827

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 California →

Nextracker 401(k) Plan in the asset neighbourhood

Galloway, Inc. and Affiliated Employers 401(k) Savings PlanGalloway, Inc. and Affiliate…$51MJk Moving Services & Caprelo Profit Sharing & 401(k) PlanJk Moving Services & Caprelo…$51MNextracker 401(k) Plan$51MSands Anderson PC Profit Sharing PlanSands Anderson PC Profit Sha…$51MCanal Insurance Company 401(k) Savings and Investment PlanCanal Insurance Company 401(…$51M
End-of-year total assets ($M) among Nextracker 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$51M
Net Income$16M
Employer EIN463955221
Plan Effective Date2023-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nextracker, LLC.)

Sponsor-wide plan assets over time

All Nextracker, LLC. plans reported in each filing year

Latest sponsor-wide plan assets
$51M 47.50401487295049% vs 2023
2024 filing year
$30M$35M$40M$45M$50M$55M 20232024 $34.6M $51.1M ▲ +47.5%
Year Plans Participants Total Assets
2023 1 234 $35M
2024 1 392 $51M

Nearby 401(k) Plans in California

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

Nextracker 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Nextracker 401(k) Plan, Total assets ($B): 0.051073274 · Participants: 392Nextracker 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Nextracker 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Nextracker 401(k) Plan side-by-side with 3 peers →

Nextracker 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Sands Anderson PC Profit Sharing Plan in VA ($51M); by covered participants it is Blue Ribbon Restaurants Novi, LLC 401(k) Profit Sharing Plan and Trust in MI (392 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (392 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nextracker 401(k) Plan assets move in 2024? ▼
Nextracker 401(k) Plan surged - up 47.5% during 2024, from $35M to $51M. Reported net income was $16M.
How have Nextracker, LLC. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Nextracker, LLC.'s sponsor-wide assets grew 47.5%, from $35M to $51M.
Where does Nextracker 401(k) Plan rank by assets among Form 5500 filers? ▼
Nextracker 401(k) Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nextracker 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sands Anderson PC Profit Sharing Plan in VA ($51M, 127 participants).
Which 401(k) plans cover a similar participant headcount to Nextracker 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Blue Ribbon Restaurants Novi, LLC 401(k) Profit Sharing Plan and Trust in MI (392 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 463955221.

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.