401(k) · DOL Form 5500 · 2024
Nexteer Automotive Corporation 401(k) Plan
Data updated 2026-08-25
- $174M
- Total assets Near avg plan size
- 2,030
- Participants Near avg headcount
- 94th
- Percentile by assets National rank
- $85,802
- Avg per participant Below avg balance/head
Official DOL plan name: Nexteer Automotive Hourly 401(k) Retirement Plan · Sponsored by Nexteer Automotive Corporation · Michigan · Manufacturing
$174M in assets, 2,030 participants
Nexteer Automotive Corporation's Nexteer Automotive Hourly 401(k) Retirement Plan reported $174M in total assets and 2,030 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- #16,082 in Manufacturing (17,777 peers)
Coverage in Michigan
Nexteer Automotive Hourly 401(k) Retirement Plan covers 2,030 participants in Michigan, 3.2x the typical Michigan plan (state average ~638 per filing). Assets: $174M.
- #16,082
- in Manufacturing (17,777 peers)
- +8.6%
- assets growth YoY
- 1.7×
- vs typical plan assets (national mean)
Nexteer Automotive Hourly 401(k) Retirement Plan's outsized position by total assets
Nexteer Automotive Hourly 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$174,178,864 Top 6% higher than 94% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Nexteer Automotive Hourly 401(k) Retirement Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nexteer Automotive Hourly 401(k) Retirement Plan lands in the large band (2,030 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Nexteer Automotive Hourly 401(k) Retirement Plan reported net income fell from $22M in the plan year 2023 filing to $14M in the plan year 2024 filing.
- Nexteer Automotive Hourly 401(k) Retirement Plan end-of-year assets rose from $160M in the plan year 2023 filing to $174M in the plan year 2024 filing.
- Nexteer Automotive Hourly 401(k) Retirement Plan reported participants fell from 2,055 in the plan year 2023 filing to 2,030 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 261668808 · Nexteer Automotive Corporation PY 2024 · 401(k)
Nexteer Automotive Hourly 401(k) Retirement Plan · $174M · 2,030 · 94th
- PART $174M
- PART 2,030
- PART 94th
- PART 401(k)
- PART near Amundi US, Inc. Savings and Investment Plan
- PART ind #16082
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 Michigan →
Nexteer Automotive Hourly 401(k) Retirement Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $160M |
|---|---|
| Net Assets (End of Year) | $174M |
| Net Income | $14M |
| Employer EIN | 261668808 |
| Plan Effective Date | 2011-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nexteer Automotive Corporation)
Sponsor-wide plan assets over time
All Nexteer Automotive Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $573M 19.98147687342883% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,878 | $477M |
| 2023 | 2 | 3,684 | $536M |
| 2024 | 2 | 3,495 | $573M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Nexteer Automotive Hourly 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Amundi US, Inc. Savings and Investment Plan in MA ($174M); by covered participants it is Hurlbut Health Consulting, LLC 401(k) Plan in NY (2,030 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($174M here).
- Amundi US, Inc. Savings and Investment Plan (MA) $174M · 473
- Ziply Fiber 401(k) Plan (WA) $174M · 1,589
- Berkshire Hathaway Specialty Insurance Company Retirement Pla (MA) $174M · 886
- Thiele Kaolin Company Retirement Savings Plan (GA) $174M · 567
Similar participant headcount
Nearest other-state filings by covered participants (2,030 participants); asset peers above are excluded.
- Hurlbut Health Consulting, LLC 401(k) Plan (NY) 2,030 · 0 off
- Propetro Services, Inc. 401(k) Plan (TX) 2,030 · 0 off
- Beyond Finance, LLC 401(k) Plan (IL) 2,030 · 0 off
- Baxter Healthcare of Puerto Rico Retirement Savings Plan (IL) 2,030 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.