401(k) · DOL Form 5500 · 2024

Noveon Magnetics Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
68
Participants Small participant base
27th
Percentile by assets National rank
$22,525
Avg per participant Low balance/head
PlainRetire home → About this data

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

$2M in assets, 68 participants

Noveon Magnetics Inc.'s Noveon Magnetics 401(k) Plan reported $2M in total assets and 68 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #2,145 in Manufacturing (17,777 peers)

2024 asset change

Noveon Magnetics 401(k) Plan surged 83.2% in 2024 ($836K → $2M) for 68 participants.

#2,145
in Manufacturing (17,777 peers)
+83.2%
assets growth YoY

Noveon Magnetics 401(k) Plan among the smaller filed plans by assets

Noveon Magnetics 401(k) Plan vs every filed plan by assets

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

$1,531,682 27th percentile higher than 27% 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

Noveon Magnetics 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Noveon Magnetics 401(k) Plan is a small filing (68 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 472992599 · Noveon Magnetics Inc. PY 2024 · 401(k)

Noveon Magnetics 401(k) Plan · $2M · 68 · 27th

  • PCT $2M
  • EIN 68
  • RANK 27th
  • PHOTO 401(k)
  • IND near Indiana Bridge, Inc. 401(k) Plan
  • EOY ind #2145

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 →

Noveon Magnetics 401(k) Plan in the asset neighbourhood

Noveon Magnetics 401(k) Plan$2MIndiana Bridge, Inc. 401(k) PlanIndiana Bridge, Inc. 401(k) …$2MWaelz Sustainable Products LLC 401(k) Profit Sharing Plan & TrustWaelz Sustainable Products L…$2MSkyward Management Retirement PlanSkyward Management Retiremen…$2MSeattle Framing Company, Inc. 401(k) Profit Sharing PlanSeattle Framing Company, Inc…$2M
End-of-year total assets ($M) among Noveon Magnetics 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

2024 asset-move particulars

Total Assets (Beginning of Year)$836K
Net Assets (End of Year)$2M
Net Income$696K
Employer EIN472992599
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

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

Noveon Magnetics 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Noveon Magnetics 401(k) Plan, Total assets ($B): 0.001531682 · Participants: 68Noveon Magnetics 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Noveon Magnetics 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Noveon Magnetics 401(k) Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Indiana Bridge, Inc. 401(k) Plan in IN ($2M); by covered participants it is Cleverbridge, Inc. 401(k) Plan in IL (68 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (68 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 Noveon Magnetics 401(k) Plan assets move in 2024? ▼
Noveon Magnetics 401(k) Plan surged - up 83.2% during 2024, from $836K to $2M. Reported net income was $696K.
Which 401(k) plans are similar in size to Noveon Magnetics 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Indiana Bridge, Inc. 401(k) Plan in IN ($2M, 51 participants).
Which 401(k) plans cover a similar participant headcount to Noveon Magnetics 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cleverbridge, Inc. 401(k) Plan in IL (68 participants, $8M 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 472992599.

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.