401(k)
2023 plan-year 401(k) DOL Form 5500

Nfi Group - Participating Union 401(k) Plan

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

Sponsored by New Flyer Holdings, Inc. · Illinois · Manufacturing

What the 2023 filing shows

Nfi Group - Participating Union 401(k) Plan holds $27M for 954 participants — about $28,077 per participant, up 25.8% over the 2023 plan year.

$27M
total plan assets (2023 EOY)
954
covered participants
$28,077
avg assets per participant
+25.8%
assets growth YoY
Total Assets (2023)
$27M
Participants
954
State
Industry
Manufacturing

What the Filing Says About Nfi Group - Participating Union 401(k) Plan

Nfi Group - Participating Union 401(k) Plan is a 401(k) retirement plan sponsored by New Flyer Holdings, Inc., headquartered in Illinois. As of the 2023 Form 5500 filing, the plan reports $27M in total end-of-year assets and covers 954 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 980468607, and the plan has been effective since 1994-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $21M at the beginning of 2023 to $27M at year-end — a gain of 25.8%. Net assets (after liabilities) closed the year at $27M, with reported net income of $5M 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)$21M
Total Assets (End of Year)$27M
Net Assets (End of Year)$27M
Net Income$5M
Plan Type401(k)
Employer EIN980468607
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Flyer Holdings, Inc.)

Year Plans Participants Total Assets
2022 3 3,695 $142M
2023 3 3,608 $164M
2024 3 4,236 $189M

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Frequently Asked Questions

How much money is in the Nfi Group - Participating Union 401(k) Plan?
As of the 2023 Form 5500 filing, Nfi Group - Participating Union 401(k) Plan holds $27M in total assets with 954 participants. It is sponsored by New Flyer Holdings, Inc..
What type of plan is Nfi Group - Participating Union 401(k) Plan?
Nfi Group - Participating Union 401(k) Plan is a 401(k) plan. It has been effective since 1994-01-01. The plan is filed with the U.S. Department of Labor under EIN 980468607.
Who sponsors the Nfi Group - Participating Union 401(k) Plan?
Nfi Group - Participating Union 401(k) Plan is sponsored by New Flyer Holdings, Inc., located in Illinois. The sponsor's EIN is 980468607 and the plan operates in the Manufacturing industry.
How did Nfi Group - Participating Union 401(k) Plan perform in 2023?
Nfi Group - Participating Union 401(k) Plan grew by 25.8% during 2023, moving from $21M to $27M in total assets. Net income was $5M.
Where can I find official filings for Nfi Group - Participating Union 401(k) Plan?
Official Form 5500 filings for Nfi Group - Participating Union 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 980468607 or plan name at efast.dol.gov.
How does Nfi Group - Participating Union 401(k) Plan compare to other plans?
You can compare Nfi Group - Participating Union 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Illinois 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 980468607.

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.