401(k)
2022 plan-year 401(k) DOL Form 5500

Nissen Chemitec America Employees' 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Nissen Chemitec America · Ohio · Manufacturing

What the 2023 filing shows

Nissen Chemitec America Employees' 401(k) Plan holds $2M for 237 participants — about $10,447 per participant, down 19.8% over the 2022 plan year.

$2M
total plan assets (2022 EOY)
237
covered participants
$10,447
avg assets per participant
-19.8%
assets change YoY

The plan reported a net loss of $612K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$2M
Participants
237
State
Industry
Manufacturing

What the Filing Says About Nissen Chemitec America Employees' 401(k) Plan

Nissen Chemitec America Employees' 401(k) Plan is a 401(k) retirement plan sponsored by Nissen Chemitec America, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 237 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 311244390, and the plan has been effective since 1998-10-22. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2022 to $2M at year-end — a decline of 19.8%. Net assets (after liabilities) closed the year at $2M, with reported net income of $-611,624 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$-611,624
Plan Type401(k)
Employer EIN311244390
Plan Effective Date1998-10-22
Filing StatusFILING RECEIVED

Sponsor Plan History (Nissen Chemitec America)

Year Plans Participants Total Assets
2022 1 237 $2M
2023 1 275 $3M
2024 1 350 $4M

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Frequently Asked Questions

How much money is in the Nissen Chemitec America Employees' 401(k) Plan?
As of the 2022 Form 5500 filing, Nissen Chemitec America Employees' 401(k) Plan holds $2M in total assets with 237 participants. It is sponsored by Nissen Chemitec America.
What type of plan is Nissen Chemitec America Employees' 401(k) Plan?
Nissen Chemitec America Employees' 401(k) Plan is a 401(k) plan. It has been effective since 1998-10-22. The plan is filed with the U.S. Department of Labor under EIN 311244390.
Who sponsors the Nissen Chemitec America Employees' 401(k) Plan?
Nissen Chemitec America Employees' 401(k) Plan is sponsored by Nissen Chemitec America, located in Ohio. The sponsor's EIN is 311244390 and the plan operates in the Manufacturing industry.
How did Nissen Chemitec America Employees' 401(k) Plan perform in 2022?
Nissen Chemitec America Employees' 401(k) Plan declined by 19.8% during 2022, moving from $3M to $2M in total assets. Net income was $-611,624.
Where can I find official filings for Nissen Chemitec America Employees' 401(k) Plan?
Official Form 5500 filings for Nissen Chemitec America Employees' 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 311244390 or plan name at efast.dol.gov.
How does Nissen Chemitec America Employees' 401(k) Plan compare to other plans?
You can compare Nissen Chemitec America Employees' 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 311244390.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.