401(k) · DOL Form 5500 · 2022

Nilfisk, Inc. 401(k) Plan

Data updated 2026-08-11

$79M
Total assets
557
Participants
91st
Percentile by assets
$142,577
Avg per participant
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Official DOL plan name: Nilfisk Group U.S. 401(k) Retirement Plan · Sponsored by Nilfisk, Inc. · Minnesota · Manufacturing

$79M in assets, 557 participants

Nilfisk, Inc.'s Nilfisk Group U.S. 401(k) Retirement Plan reported $79M in total assets and 557 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 139,126 plans)
  • #17,923 in Manufacturing (20,602 peers)

Coverage in Minnesota

Nilfisk Group U.S. 401(k) Retirement Plan covers 557 participants in Minnesota, about 49% of the average Minnesota filer (state average ~1,126 per filing). Assets: $79M.

$79M
total plan assets (2022 EOY)
557
covered participants
91st
percentile by assets (of 139,126 plans)
$142,577
avg assets per participant

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Nilfisk Group U.S. 401(k) Retirement Plan sits by total assets

Nilfisk Group U.S. 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$79,415,291 Top 9% higher than 91% of 139,123 filed plans

This plan $0 $2,010,000,000 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 2022

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Nilfisk Group U.S. 401(k) Retirement Plan reports 557 participants - about 49% of that state average ($79M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$94M
Net Assets (End of Year)$79M
Net Income-$15M
Employer EIN410116040
Plan Effective Date1988-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nilfisk, Inc.)

$80M$90M$100M$110M 202220232024 $83.2M $103M ▲ +23.8%
Total plan assets by year, all Nilfisk, Inc. plans on file
Year Plans Participants Total Assets
2022 2 616 $83M
2023 2 696 $90M
2024 2 749 $103M

Nearby 401(k) Plans in Minnesota

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

Nilfisk Group U.S. 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Nilfisk Group U.S. 4…, Total assets ($B): 0.079415291 · Participants: 557Nilfisk Group U.S. 4…Unitedhealth Group 4…, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 4…Medtronic Savings an…, Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings an…Target Corporation 4…, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 4…3M Voluntary Investm…, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investm…U.S. Bank 401(k) Sav…, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Sav…
Nilfisk Group U.S. 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nilfisk Group U.S. 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Nilfisk Group U.S. 401(k) Retirement Plan assets move in 2022?
Nilfisk Group U.S. 401(k) Retirement Plan declined sharply - down 15.6% during 2022, from $94M to $79M. Reported net income was -$15M.
How have Nilfisk, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nilfisk, Inc.'s sponsor-wide assets grew 23.8%, from $83M to $103M.
Where does Nilfisk Group U.S. 401(k) Retirement Plan rank by assets among Form 5500 filers?
Nilfisk Group U.S. 401(k) Retirement Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Nilfisk Group U.S. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Allegiance Bank 401(k) & Profit Sharing Plan in TX ($79M, 591 participants).

Next read for Nilfisk Group U.S. 401(k) Retirement Pla…

Filing takeaways

Ways to act on Nilfisk Group U.S. 401(k) Retirement Plan's numbers.