401(k) · DOL Form 5500 · 2022

Nexans USA Inc. 401(k) Plan

Data updated 2026-08-11

$91M
Total assets
462
Participants
92nd
Percentile by assets
$196,563
Avg per participant
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Official DOL plan name: Nexans USA Inc. 401(k) Retirement Savings Plan · Sponsored by Nexans USA Inc. · South Carolina · Manufacturing

$91M in assets, 462 participants

Nexans USA Inc.'s Nexans USA Inc. 401(k) Retirement Savings Plan reported $91M in total assets and 462 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #18,156 in Manufacturing (20,602 peers)

Where Nexans USA Inc. 401(k) Retirement Savings Plan sits by assets

Nexans USA Inc. 401(k) Retirement Savings Plan sits in the top 10% of all filed plans by assets, $91M for 462 participants (~$196,563/participant), down 22.0% in 2022.

$91M
total plan assets (2022 EOY)
462
covered participants
92nd
percentile by assets (of 139,126 plans)
$196,563
avg assets per participant

The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Nexans USA Inc. 401(k) Retirement Savings Plan sits by total assets

Nexans USA Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$90,812,202 Top 8% higher than 92% 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. 401(k) Retirement Savings Plan vs the 2022 asset distribution

By assets, Nexans USA Inc. 401(k) Retirement Savings Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$116M
Net Assets (End of Year)$91M
Net Income-$26M
Employer EIN562212188
Plan Effective Date2000-12-31
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 401(k) Plans in South Carolina

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

Nexans USA Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Nexans USA Inc. 401(…, Total assets ($B): 0.090812202 · Participants: 462Nexans USA Inc. 401(…Michelin 401(k) Savi…, Total assets ($B): 3.615828322 · Participants: 13708Michelin 401(k) Savi…The Savannah River N…, Total assets ($B): 2.219673264 · Participants: 7829The Savannah River N…Sonoco Retirement & …, Total assets ($B): 1.214442524 · Participants: 9714Sonoco Retirement & …The Milliken Retirem…, Total assets ($B): 1.154082573 · Participants: 6185The Milliken Retirem…Blue Cross Blue Shie…, Total assets ($B): 1.085276125 · Participants: 11881Blue Cross Blue Shie…
Nexans USA Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Nexans USA Inc. 401(k) Retirement Saving… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Nexans USA Inc. 401(k) Retirement Savings Plan assets move in 2022? ▼
Nexans USA Inc. 401(k) Retirement Savings Plan declined sharply - down 22.0% during 2022, from $116M to $91M. Reported net income was -$26M.
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. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Nexans USA Inc. 401(k) Retirement Savings Plan ranks in the 92nd 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 Nexans USA Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Trimas Corporation Salaried Retirement Program in MI ($91M, 440 participants).

Next read for Nexans USA Inc. 401(k) Retirement Saving…

Scale reading

Ways to act on Nexans USA Inc. 401(k) Retirement Savings Plan's numbers.

  • By total assets, Nexans USA Inc. 401(k) Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) 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.