401(k) · DOL Form 5500 · 2024

Nov Inc. 401(k) Plan

Data updated 2026-07-24

$1.6B
Total assets: 11,249
Participants: 99th
Percentile by assets: $146,382
Avg per participant

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

$1.6B in assets, 11,249 participants

Nov Inc.'s Nov Inc. 401(k) Plan reported $1.6B in total assets and 11,249 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 116,472 plans)

Coverage in Texas

Nov Inc. 401(k) Plan covers 11,249 participants in Texas, 16x the typical Texas plan (state average ~704 per filing). Assets: $1.6B.

$1.6B
total plan assets (2024 EOY): 11,249
covered participants: 99th
percentile by assets (of 116,472 plans): $146,382
avg assets per participant

Nov Inc. 401(k) Plan reported net income fell from $167M in the plan year 2023 filing to $132M in the plan year 2024 filing.
Nov Inc. 401(k) Plan end-of-year assets rose from $1.5B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.
Nov Inc. 401(k) Plan reported participants rose from 10,830 in the plan year 2023 filing to 11,249 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Texas

Industry

Manufacturing

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Nov Inc. 401(k) Plan reports 11,249 participants - 16x that state average ($1.6B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$1.5B
Net Assets (End of Year)	$1.6B
Net Income	$132M
Employer EIN	760475815
Plan Effective Date	1987-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Nov Inc.)

Total plan assets by year, all Nov Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	9,540	$1.3B
2023	1	10,830	$1.5B
2024	2	11,429	$1.7B

Nearby 401(k) Plans in Texas

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

Nov Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $43.1B · 109,889
Exxonmobil Savings Plan $23.7B · 21,990
Chevron Employee Savings Investment Plan $20.4B · 21,505
Caterpillar 401(k) Savings Plan $18.8B · 43,873
Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820

Compare Nov Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nov Inc. 401(k) Plan by total assets, not by location.

Panasonic Retirement Savings and Investment Plan (NJ) $1.7B · 9,662
Greenberg Traurig 401(k) Plan (FL) $1.6B · 3,915
Hexagon Employee Retirement Savings Plan (AL) $1.7B · 4,638
Dish Network Corporation 401(k) Plan (CO) $1.6B · 12,420

Frequently Asked Questions

How did Nov Inc. 401(k) Plan assets move in 2024? ▼

Nov Inc. 401(k) Plan grew at a solid clip - up 8.7% during 2024, from $1.5B to $1.6B. Reported net income was $132M.

How have Nov Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Nov Inc.'s sponsor-wide assets grew 22.8%, from $1.3B to $1.7B.

Where does Nov Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼

Nov Inc. 401(k) Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Nov Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Panasonic Retirement Savings and Investment Plan in NJ ($1.7B, 9,662 participants).

Next read for Nov Inc. 401(k) Plan

Filing takeaways

Ways to act on Nov Inc. 401(k) Plan's numbers.

By total assets, Nov Inc. 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
Nov Inc.'s sponsor-wide assets have grown 22.8% since 2022 across 3 plan years on file. More Manufacturing plans

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 760475815.

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.