401(k) · DOL Form 5500 · 2022
Nisource Inc 401(k) Plan
Data updated 2026-08-25
- $1.5B
- Total assets Very large vs avg
- 7,561
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $199,837
- Avg per participant Above avg balance/head
Official DOL plan name: Nisource Inc Retirement Savings Plan · Sponsored by Nisource Inc · Indiana · Utilities
$1.5B in assets, 7,561 participants
Nisource Inc's Nisource Inc Retirement Savings Plan reported $1.5B in total assets and 7,561 participants in its 2022 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.
- #685 in Utilities (738 peers)
Coverage in Indiana
Nisource Inc Retirement Savings Plan covers 7,561 participants in Indiana, 14x the typical Indiana plan (state average ~541 per filing). Assets: $1.5B.
- #685
- in Utilities (738 peers)
- -18.8%
- assets change YoY
- 15×
- vs typical plan assets (national mean)
The plan reported a net loss of $350M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Nisource Inc Retirement Savings Plan's outsized position by total assets
Nisource Inc Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,510,967,477 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Nisource Inc Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nisource Inc Retirement Savings Plan lands in the large band (7,561 participants).
Form 5500 schedule snapshot
Filing strip 352108964 · Nisource Inc PY 2022 · 401(k)
Nisource Inc Retirement Savings Plan · $1.5B · 7,561 · 99th
- 5500 $1.5B
- 5500 7,561
- 5500 99th
- 5500 401(k)
- 5500 near The Profit Sharing and Savings Plan of Graybar Electric Company, Inc.
- 5500 ind #685
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 Utilities retirement plans → · Plans in Indiana →
Nisource Inc Retirement Savings Plan in the asset neighbourhood
Indiana filing particulars
| Total Assets (Beginning of Year) | $1.9B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | -$350M |
| Employer EIN | 352108964 |
| Plan Effective Date | 1958-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nisource Inc)
Sponsor-wide plan assets over time
All Nisource Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.4B 25.69694315937217% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 8,886 | $1.9B |
| 2023 | 2 | 8,727 | $2.1B |
| 2024 | 2 | 8,722 | $2.4B |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Elevance Health 401(k) Plan $9.5B · 71,898
- The Lilly Employee 401(k) Plan $8.9B · 15,607
- Cummins Retirement and Savings Plan $4.4B · 23,710
- Iu Health 401(k) Savings Plan $3.2B · 39,243
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.0B · 8,632
Scale composition for Nisource Inc Retirement Savings Plan
Nisource Inc Retirement Savings Plan reports $1.5B in end-of-year assets across 7,561 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $199,837 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$350M.
This plan identity (EIN 352108964, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $2.0B (+34.5%) while covered participants moved from 7,561 to 7,619 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,561 | $1.5B | This page |
| 2023 | 7,525 | $1.7B | Open filing |
| 2024 · index core | 7,619 | $2.0B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Nisource Inc Retirement Savings Plan (401(k), $2.0B, 7,619 participants)
- Columbia Energy Group Pension Plan (Defined Benefit (Pension), $334M, 1,103 participants)
Nisource Inc Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Indiana, the nearest 401(k) by assets is The Profit Sharing and Savings Plan of Graybar Electric Company, Inc. in MO ($1.5B); by covered participants it is Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan in KS (7,558 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.5B here).
- The Profit Sharing and Savings Plan of Graybar Electric Company, Inc. (MO) $1.5B · 7,810
- Scl Health 401(k) Retirement Savings Plan (CO) $1.5B · 12,642
- Woodward Retirement Savings Plan (CO) $1.5B · 5,046
- Altice USA 401(k) Savings Plan (NY) $1.5B · 8,866
Similar participant headcount
Nearest other-state filings by covered participants (7,561 participants); asset peers above are excluded.
- Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan (KS) 7,558 · 3 off
- Fundamental Retirement Savings Plan (MD) 7,564 · 3 off
- Deutsche Bank Matched Savings Plan (NY) 7,557 · 4 off
- Qurate Retail Group 401(k) Retirement Savings Plan for Qvc and Hsn (PA) 7,566 · 5 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.