401(k) · DOL Form 5500 · 2024
Nexteer Automotive Corporation 401(k) Plan
Data updated 2026-08-11
- $399M
- Total assets
- 1,465
- Participants
- 97th
- Percentile by assets
- $272,114
- Avg per participant
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.
- 97th percentile by assets (of 123,622 plans)
- #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.
- $399M
- total plan assets (2024 EOY)
- 1,465
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $272,114
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Nexteer Automotive Salaried 401(k) Retirement Plan reports 1,465 participants - 2.3x that state average ($399M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $376M |
|---|---|
| Net Assets (End of Year) | $399M |
| Net Income | $23M |
| Employer EIN | 261668808 |
| Plan Effective Date | 2011-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nexteer Automotive Corporation)
| 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
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Nexteer Automotive Salaried 401(k) Retirement Plan by total assets, not by location.
- Bayada Home Health Care 401(k) Plan (NJ) $399M · 41,503
- Ipsos America , Inc 401(k) Plan (CT) $399M · 2,025
- Ogletree, Deakins, Nash, Smoak & Stewart 401(k) Savings Plan (SC) $398M · 2,315
- U.S. Venture 401(k) Retirement Savings Plan (WI) $399M · 4,641
Frequently Asked Questions
How did Nexteer Automotive Salaried 401(k) Retirement Plan assets move in 2024? ▼
How have Nexteer Automotive Corporation plan assets changed over time? ▼
Where does Nexteer Automotive Salaried 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Nexteer Automotive Salaried 401(k) Retirement Plan? ▼
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Filing takeaways
Ways to act on Nexteer Automotive Salaried 401(k) Retirement Plan's numbers.
- By total assets, Nexteer Automotive Salaried 401(k) Retirement 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 Michigan. Compare plans
- Nexteer Automotive Corporation's sponsor-wide assets have grown 20.0% since 2022 across 3 plan years on file. More Manufacturing plans