Money Purchase · DOL Form 5500 · 2022
Nippon Life Group Money Purchase Plan
Data updated 2026-08-11
- $19M
- Total assets
- 123
- Participants
- 77th
- Percentile by assets
- $155,609
- Avg per participant
Official DOL plan name: Nippon Life Group Money Purchase Plan · Sponsored by Nippon Life Group · New York · Finance & Insurance
$19M in assets, 123 participants
Nippon Life Group's Nippon Life Group Money Purchase Plan reported $19M in total assets and 123 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.
- 77th percentile by assets (of 139,126 plans)
- #5,835 in Finance & Insurance (9,261 peers)
Coverage in New York
Nippon Life Group Money Purchase Plan covers 123 participants in New York, about 15% of the average New York filer (state average ~798 per filing). Assets: $19M.
- $19M
- total plan assets (2022 EOY)
- 123
- covered participants
- 77th
- percentile by assets (of 139,126 plans)
- $155,609
- avg assets per participant
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Nippon Life Group Money Purchase Plan reports 123 participants - about 15% of that state average ($19M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | -$3M |
| Employer EIN | 042509896 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nippon Life Group)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 246 | $58M |
| 2023 | 1 | 124 | $22M |
| 2024 | 1 | 129 | $26M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Nippon Life Group Money Purchase Plan vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $4.5B · 11,825
- Young Men's Christian Association Retirement Fund Retirement Plan $3.6B · 42,922
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $1.7B · 11,845
- Brookhaven Science Associates, LLC Retirement Plan $1.3B · 2,436
- Iron Workers Locals 40,361, & 417 Annuity Fund $1.1B · 5,068
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Nippon Life Group Money Purchase Plan by total assets, not by location.
- Wellston Retirement Plan for Members of Ufcw District Union Local 1059 (MN) $19M · 537
- Smart Local 104, District 3 401(a) Plan (CA) $19M · 1,059
- Retirement Plan for Employees of the Peterson Institute for International Economics (DC) $19M · 43
- Ceramic Tile & Marble Masons Union No 18 of Missouri Pension Plan (MO) $19M · 161
Frequently Asked Questions
How did Nippon Life Group Money Purchase Plan assets move in 2022? ▼
How have Nippon Life Group plan assets changed over time? ▼
Where does Nippon Life Group Money Purchase Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Nippon Life Group Money Purchase Plan? ▼
Next read for Nippon Life Group Money Purchase Plan
Filing takeaways
Ways to act on Nippon Life Group Money Purchase Plan's numbers.
- By total assets, Nippon Life Group Money Purchase Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in New York. Compare plans
- Nippon Life Group's sponsor-wide assets have declined 55.5% since 2022 across 3 plan years on file. More Finance & Insurance plans