401(k) · DOL Form 5500 · 2023
Nisource Inc 401(k) Plan
Data updated 2026-08-25
- $1.7B
- Total assets Very large vs avg
- 7,525
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $229,945
- Avg per participant Above avg balance/head
Official DOL plan name: Nisource Inc Retirement Savings Plan · Sponsored by Nisource Inc · Indiana · Utilities
$1.7B in assets, 7,525 participants
Nisource Inc's Nisource Inc Retirement Savings Plan reported $1.7B in total assets and 7,525 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #670 in Utilities (721 peers)
Coverage in Indiana
Nisource Inc Retirement Savings Plan covers 7,525 participants in Indiana, 14x the typical Indiana plan (state average ~541 per filing). Assets: $1.7B.
- #670
- in Utilities (721 peers)
- +14.5%
- assets growth YoY
- 17×
- vs typical plan assets (national mean)
Nisource Inc Retirement Savings Plan's outsized position by total assets
Nisource Inc Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,730,333,853 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Nisource Inc Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nisource Inc Retirement Savings Plan lands in the large band (7,525 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Nisource Inc Retirement Savings Plan reported net income rose from -$350M in the plan year 2022 filing to $219M in the plan year 2023 filing.
- Nisource Inc Retirement Savings Plan end-of-year assets rose from $1.5B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
- Nisource Inc Retirement Savings Plan reported participants fell from 7,561 in the plan year 2022 filing to 7,525 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 352108964 · Nisource Inc PY 2023 · 401(k)
Nisource Inc Retirement Savings Plan · $1.7B · 7,525 · 99th
- BOY $1.7B
- SCH 7,525
- EBSA 99th
- PART 401(k)
- TYPE near Aldi Inc. Retirement Savings Plan
- NET ind #670
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Indiana →
Nisource Inc Retirement Savings Plan in the asset neighbourhood
Indiana filing particulars
| Total Assets (Beginning of Year) | $1.5B |
|---|---|
| Net Assets (End of Year) | $1.7B |
| Net Income | $219M |
| Employer EIN | 352108964 |
| Plan Effective Date | 1958-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nisource Inc)
Sponsor-wide plan assets over time
All Nisource Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.4B 25.69694315937217% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 8,886 | $1.9B |
| 2023 | 2 | 8,727 | $2.1B |
| 2024 | 2 | 8,722 | $2.4B |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Lilly Employee 401(k) Plan $11.1B · 17,583
- Elevance Health 401(k) Plan $11.0B · 76,590
- Cummins Retirement and Savings Plan $5.7B · 28,381
- Iu Health 401(k) Savings Plan $3.9B · 38,575
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.6B · 9,015
Scale composition for Nisource Inc Retirement Savings Plan
Nisource Inc Retirement Savings Plan reports $1.7B in end-of-year assets across 7,525 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $229,945 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2023 was $219M.
This plan identity (EIN 352108964, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $2.0B (+34.5%) while covered participants moved from 7,561 to 7,619 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,561 | $1.5B | Open filing |
| 2023 | 7,525 | $1.7B | This page |
| 2024 · index core | 7,619 | $2.0B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Nisource Inc Retirement Savings Plan (401(k), $2.0B, 7,619 participants)
- Columbia Energy Group Pension Plan (Defined Benefit (Pension), $334M, 1,103 participants)
Nisource Inc Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Indiana, the nearest 401(k) by assets is Aldi Inc. Retirement Savings Plan in IL ($1.7B); by covered participants it is Kyndryl 401(k) Plan in NY (7,525 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.7B here).
- Aldi Inc. Retirement Savings Plan (IL) $1.7B · 48,209
- Sedgwick 401(k) Savings Plan (TN) $1.7B · 24,537
- Chevron Phillips Chemical Company LP 401(k) Savings and Profit Sharing Plan (TX) $1.7B · 4,486
- Wesco Distribution, Inc. Retirement Savings Plan (PA) $1.7B · 13,895
Similar participant headcount
Nearest other-state filings by covered participants (7,525 participants); asset peers above are excluded.
- Kyndryl 401(k) Plan (NY) 7,525 · 0 off
- Llns 401(k) Retirement Plan (CA) 7,519 · 6 off
- Intuitive Surgical, Inc. 401(k) Plan (CA) 7,518 · 7 off
- Kbp Brands 401(k) Plan (KS) 7,518 · 7 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.