Defined Benefit (Pension) · DOL Form 5500 · 2022

Nexans USA Inc. Pension Plan

Data updated 2026-08-11

$38M
Total assets
4
Participants
86th
Percentile by assets
$9.6M
Avg per participant
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Official DOL plan name: Nexans USA Inc. Salaried and Hourly Pension Plan · Sponsored by Nexans USA Inc. · South Carolina · Manufacturing

$38M in assets, 4 participants

Nexans USA Inc.'s Nexans USA Inc. Salaried and Hourly Pension Plan reported $38M in total assets and 4 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 139,126 plans)
  • #16,305 in Manufacturing (20,602 peers)

Where Nexans USA Inc. Salaried and Hourly Pension Plan sits by assets

Nexans USA Inc. Salaried and Hourly Pension Plan sits in the top quartile of all filed plans by assets, $38M for 4 participants (~$9.6M/participant), down 19.9% in 2022.

$38M
total plan assets (2022 EOY)
4
covered participants
86th
percentile by assets (of 139,126 plans)
$9.6M
avg assets per participant

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Nexans USA Inc. Salaried and Hourly Pension Plan sits by total assets

Nexans USA Inc. Salaried and Hourly Pension Plan vs every filed plan by assets

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

$38,212,737 Top 14% higher than 86% 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
South Carolina
Industry
Manufacturing

Nexans USA Inc. Salaried and Hourly Pension Plan vs the 2022 asset distribution

By assets, Nexans USA Inc. Salaried and Hourly Pension Plan outranks 86% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$38M
Net Income-$10M
Employer EIN562212188
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexans USA Inc.)

$120M$130M$140M$150M$160M 202220232024 $129M $149M ▲ +15.8%
Total plan assets by year, all Nexans USA Inc. plans on file
Year Plans Participants Total Assets
2022 2 466 $129M
2023 2 532 $136M
2024 2 573 $149M

Nearby Defined Benefit (Pension) Plans in South Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Nexans USA Inc. Salaried and Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -101234 Total assets ($B) Participants Nexans USA Inc. Sala…, Total assets ($B): 0.038212737 · Participants: 4Nexans USA Inc. Sala…The Savannah River N…, Total assets ($B): 3.719675199 · Participants: 2366The Savannah River N…Michelin Retirement …, Total assets ($B): 2.082777357 · Participants: 4145Michelin Retirement …Non-Contributory Ret…, Total assets ($B): 1.161191922 · Participants: 4649Non-Contributory Ret…Kennametal Inc. Reti…, Total assets ($B): 0.534650277 · Participants: 619Kennametal Inc. Reti…Waterfront Employers…, Total assets ($B): 0.439607531 · Participants: 1720Waterfront Employers…
Nexans USA Inc. Salaried and Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants
Compare Nexans USA Inc. Salaried and Hourly Pens… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Nexans USA Inc. Salaried and Hourly Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Nexans USA Inc. Salaried and Hourly Pension Plan assets move in 2022? ▼
Nexans USA Inc. Salaried and Hourly Pension Plan declined sharply - down 19.9% during 2022, from $48M to $38M. Reported net income was -$10M.
How have Nexans USA Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexans USA Inc.'s sponsor-wide assets grew 15.8%, from $129M to $149M.
Where does Nexans USA Inc. Salaried and Hourly Pension Plan rank by assets among Form 5500 filers? ▼
Nexans USA Inc. Salaried and Hourly Pension Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Nexans USA Inc. Salaried and Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of the Carnegie Hall Corporation in NY ($38M, 161 participants).

Next read for Nexans USA Inc. Salaried and Hourly Pens…

Scale reading

Ways to act on Nexans USA Inc. Salaried and Hourly Pension Plan's numbers.

  • By total assets, Nexans USA Inc. Salaried and Hourly Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in South Carolina. Compare plans
  • Nexans USA Inc.'s sponsor-wide assets have grown 15.8% since 2022 across 3 plan years on file. More Manufacturing plans

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 562212188.

Read our methodology - how this data is sourced, computed, and verified.

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