401(k) · DOL Form 5500 · 2024

Nexteer Automotive Corporation 401(k) Plan

Data updated 2026-08-25

$399M
Total assets Above avg plan size
1,465
Participants Near avg headcount
97th
Percentile by assets National rank
$272,114
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nexteer Automotive Salaried 401(k) Retirement Plan · Sponsored by Nexteer Automotive Corporation · Michigan · Manufacturing

$399M in assets, 1,465 participants

Nexteer Automotive Corporation's Nexteer Automotive Salaried 401(k) Retirement Plan reported $399M in total assets and 1,465 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #16,830 in Manufacturing (17,777 peers)

Coverage in Michigan

Nexteer Automotive Salaried 401(k) Retirement Plan covers 1,465 participants in Michigan, 2.3x the typical Michigan plan (state average ~638 per filing). Assets: $399M.

#16,830
in Manufacturing (17,777 peers)
+6.1%
assets growth YoY
4.0×
vs typical plan assets (national mean)

Nexteer Automotive Salaried 401(k) Retirement Plan's outsized position by total assets

Nexteer Automotive Salaried 401(k) Retirement Plan vs every filed plan by assets

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

$398,647,644 Top 3% higher than 97% 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

Nexteer Automotive Salaried 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 Salaried 401(k) Retirement Plan lands in the large band (1,465 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nexteer Automotive Salaried 401(k) Retirement Plan reported net income fell from $37M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Nexteer Automotive Salaried 401(k) Retirement Plan reported participants fell from 1,629 in the plan year 2023 filing to 1,465 in the plan year 2024 filing.
  • Nexteer Automotive Salaried 401(k) Retirement Plan end-of-year assets rose from $376M in the plan year 2023 filing to $399M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 261668808 · Nexteer Automotive Corporation PY 2024 · 401(k)

Nexteer Automotive Salaried 401(k) Retirement Plan · $399M · 1,465 · 97th

  • NET $399M
  • BOOK 1,465
  • VS-ST 97th
  • BOY 401(k)
  • SCH near Bayada Home Health Care 401(k) Plan
  • EBSA ind #16830

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 Salaried 401(k) Retirement Plan in the asset neighbourhood

U.S. Venture 401(k) Retirement Savings PlanU.S. Venture 401(k) Retireme…$399MIpsos America , Inc 401(k) PlanIpsos America , Inc 401(k) P…$399MNexteer Automotive Salaried 401(k) Retirement PlanNexteer Automotive Salaried …$399MBayada Home Health Care 401(k) PlanBayada Home Health Care 401(…$399MOgletree, Deakins, Nash, Smoak & Stewart 401(k) Savings PlanOgletree, Deakins, Nash, Smo…$398M
End-of-year total assets ($M) among Nexteer Automotive Salaried 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$376M
Net Assets (End of Year)$399M
Net Income$23M
Employer EIN261668808
Plan Effective Date2011-01-01
Filing StatusFILING 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
$450M$500M$550M$600M 202220232024 $477M $573M ▲ +20.0%
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.

Nexteer Automotive Salaried 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Nexteer Automotive Salaried 401(k) Retirement Plan, Total assets ($B): 0.398647644 · Participants: 1465Nexteer Automotive Salaried 401(k) Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Nexteer Automotive Salaried 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Nexteer Automotive Salaried 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Bayada Home Health Care 401(k) Plan in NJ ($399M); by covered participants it is Convatec Inc. Savings and Investment Plan in NJ (1,465 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($399M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,465 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 Nexteer Automotive Salaried 401(k) Retirement Plan assets move in 2024? ▼
Nexteer Automotive Salaried 401(k) Retirement Plan grew at a solid clip - up 6.1% during 2024, from $376M to $399M. Reported net income was $23M.
How have Nexteer Automotive Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexteer Automotive Corporation's sponsor-wide assets grew 20.0%, from $477M to $573M.
Where does Nexteer Automotive Salaried 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Nexteer Automotive Salaried 401(k) Retirement Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Nexteer Automotive Salaried 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bayada Home Health Care 401(k) Plan in NJ ($399M, 41,503 participants).
Which 401(k) plans cover a similar participant headcount to Nexteer Automotive Salaried 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Convatec Inc. Savings and Investment Plan in NJ (1,465 participants, $239M in assets).