401(k) · DOL Form 5500 · 2022

Nibco Inc. 401(k) Plan

Data updated 2026-08-11

$113M
Total assets
1,359
Participants
93rd
Percentile by assets
$83,330
Avg per participant
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Official DOL plan name: Nibco Inc. Profit Sharing & 401(k) Savings Plan · Sponsored by Nibco Inc. · Indiana · Manufacturing

$113M in assets, 1,359 participants

Nibco Inc.'s Nibco Inc. Profit Sharing & 401(k) Savings Plan reported $113M in total assets and 1,359 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)
  • #18,507 in Manufacturing (20,602 peers)

Coverage in Indiana

Nibco Inc. Profit Sharing & 401(k) Savings Plan covers 1,359 participants in Indiana, 2.5x the typical Indiana plan (state average ~541 per filing). Assets: $113M.

$113M
total plan assets (2022 EOY)
1,359
covered participants
93rd
percentile by assets (of 139,126 plans)
$83,330
avg assets per participant

The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Nibco Inc. Profit Sharing & 401(k) Savings Plan sits by total assets

Nibco Inc. Profit Sharing & 401(k) Savings Plan vs every filed plan by assets

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

$113,245,323 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

State
Industry

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Nibco Inc. Profit Sharing & 401(k) Savings Plan reports 1,359 participants - 2.5x that state average ($113M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$148M
Net Assets (End of Year)$113M
Net Income-$37M
Employer EIN350552560
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nibco Inc.)

$400M$450M$500M$550M 202220232024 $423M $522M ▲ +23.4%
Total plan assets by year, all Nibco Inc. plans on file
Year Plans Participants Total Assets
2022 2 2,592 $423M
2023 2 2,768 $490M
2024 2 2,247 $522M

Nearby 401(k) Plans in Indiana

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

Nibco Inc. Profit Sharing & 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Nibco Inc. Profit Sharing & 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Nibco Inc. Profit Sh…Elevance Health 401(…The Lilly Employee 4…Cummins Retirement a…Iu Health 401(k) Sav…Steel Dynamics, Inc.…
Nibco Inc. Profit Sharing & 401(k) Savings 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 Nibco Inc. Profit Sharing & 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Nibco Inc. Profit Sharing & 401(k) Savings Plan assets move in 2022?
Nibco Inc. Profit Sharing & 401(k) Savings Plan declined sharply - down 23.6% during 2022, from $148M to $113M. Reported net income was -$37M.
How have Nibco Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nibco Inc.'s sponsor-wide assets grew 23.4%, from $423M to $522M.
Where does Nibco Inc. Profit Sharing & 401(k) Savings Plan rank by assets among Form 5500 filers?
Nibco Inc. Profit Sharing & 401(k) Savings 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 Nibco Inc. Profit Sharing & 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Acme Brick Company 401(k) Retirement & Savings Plan in TX ($113M, 1,747 participants).

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Filing takeaways

Ways to act on Nibco Inc. Profit Sharing & 401(k) Savings Plan's numbers.