401(k) · DOL Form 5500 · 2022

Nibe Energy Systems, Inc. 401(k) Plan

Data updated 2026-08-11

$111M
Total assets
2,367
Participants
93rd
Percentile by assets
$46,818
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Nibe USA 401(k) Retirement Plan · Sponsored by Nibe Energy Systems, Inc. · Indiana · Management of Enterprises

$111M in assets, 2,367 participants

Nibe Energy Systems, Inc.'s Nibe USA 401(k) Retirement Plan reported $111M in total assets and 2,367 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #952 in Management of Enterprises (1,193 peers)

Coverage in Indiana

Nibe USA 401(k) Retirement Plan covers 2,367 participants in Indiana, 4.4x the typical Indiana plan (state average ~541 per filing). Assets: $111M.

$111M
total plan assets (2022 EOY)
2,367
covered participants
93rd
percentile by assets (of 139,126 plans)
$46,818
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 Nibe USA 401(k) Retirement Plan sits by total assets

Nibe USA 401(k) Retirement Plan vs every filed plan by assets

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

$110,819,168 Top 7% higher than 93% 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

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Nibe USA 401(k) Retirement Plan reports 2,367 participants - 4.4x that state average ($111M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$112M
Net Assets (End of Year)$111M
Net Income-$15M
Employer EIN990368191
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nibe Energy Systems, Inc.)

$100M$120M$140M$160M$180M 202220232024 $111M $157M ▲ +42.0%
Total plan assets by year, all Nibe Energy Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,367 $111M
2023 1 2,839 $139M
2024 1 2,787 $157M

Nearby 401(k) Plans in Indiana

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

Nibe USA 401(k) Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Nibe USA 401(k) Reti…, Total assets ($B): 0.110819168 · Participants: 2367Nibe USA 401(k) Reti…Elevance Health 401(…, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(…The Lilly Employee 4…, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 4…Cummins Retirement a…, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement a…Iu Health 401(k) Sav…, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Sav…Steel Dynamics, Inc.…, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc.…
Nibe USA 401(k) Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nibe USA 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Nibe USA 401(k) Retirement Plan assets move in 2022?
Nibe USA 401(k) Retirement Plan held essentially flat - down 0.7% during 2022, from $112M to $111M. Reported net income was -$15M.
How have Nibe Energy Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nibe Energy Systems, Inc.'s sponsor-wide assets grew 42.0%, from $111M to $157M.
Where does Nibe USA 401(k) Retirement Plan rank by assets among Form 5500 filers?
Nibe USA 401(k) Retirement Plan ranks in the 93rd 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 Nibe USA 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Juul Labs, Inc. 401(k) Plan in DC ($111M, 1,006 participants).

Filing takeaways

Ways to act on Nibe USA 401(k) Retirement Plan's numbers.