401(k) · DOL Form 5500 · 2023

Nilfisk, Inc. 401(k) Plan

Data updated 2026-08-25

$86M
Total assets Below avg plan size
614
Participants Below avg headcount
90th
Percentile by assets National rank
$140,877
Avg per participant Near avg balance/head
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Official DOL plan name: Nilfisk Group U.S. 401(k) Retirement Plan · Sponsored by Nilfisk, Inc. · Minnesota · Manufacturing

$86M in assets, 614 participants

Nilfisk, Inc.'s Nilfisk Group U.S. 401(k) Retirement Plan reported $86M in total assets and 614 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #16,005 in Manufacturing (18,722 peers)

Where Nilfisk Group U.S. 401(k) Retirement Plan sits by assets

Nilfisk Group U.S. 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $86M for 614 participants (~$140,877/participant), up 8.9% in 2023.

#16,005
in Manufacturing (18,722 peers)
+8.9%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Nilfisk Group U.S. 401(k) Retirement Plan's outsized position by total assets

Nilfisk Group U.S. 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$86,498,482 Top 10% higher than 90% of 127,068 filed plans

This plan $0 $2,050,000,000 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 2023

Nilfisk Group U.S. 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nilfisk Group U.S. 401(k) Retirement Plan sits mid-pack in the medium band (614 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nilfisk Group U.S. 401(k) Retirement Plan reported net income rose from -$15M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Nilfisk Group U.S. 401(k) Retirement Plan reported participants rose from 557 in the plan year 2022 filing to 614 in the plan year 2023 filing.
  • Nilfisk Group U.S. 401(k) Retirement Plan end-of-year assets rose from $79M in the plan year 2022 filing to $86M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 410116040 · Nilfisk, Inc. PY 2023 · 401(k)

Nilfisk Group U.S. 401(k) Retirement Plan · $86M · 614 · 90th

  • TYPE $86M
  • TYPE 614
  • TYPE 90th
  • TYPE 401(k)
  • TYPE near Axcet Hr Solutions M/E 401(k) Retirement Plan
  • TYPE ind #16005

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 Manufacturing retirement plans → · Plans in Minnesota →

Nilfisk Group U.S. 401(k) Retirement Plan in the asset neighbourhood

South Carolina Federal Credit Union Employees 401(k) PlanSouth Carolina Federal Credi…$87MSouthern Pipe & Supply Co., Inc. 401(k) Retirement Savings PlanSouthern Pipe & Supply Co., …$87MNilfisk Group U.S. 401(k) Retirement PlanNilfisk Group U.S. 401(k) Re…$86MAxcet Hr Solutions M/E 401(k) Retirement PlanAxcet Hr Solutions M/E 401(k…$86M24 Hour Fitness Savings and Investment Plan24 Hour Fitness Savings and …$87M
End-of-year total assets ($M) among Nilfisk Group U.S. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$86M
Net Income$7M
Employer EIN410116040
Plan Effective Date1988-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nilfisk, Inc.)

Sponsor-wide plan assets over time

All Nilfisk, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$103M 23.76011793027931% vs 2022
2024 filing year
$80M$90M$100M$110M 202220232024 $83.2M $103M ▲ +23.8%
Year Plans Participants Total Assets
2022 2 616 $83M
2023 2 696 $90M
2024 2 749 $103M

Nearby 401(k) Plans in Minnesota

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

Nilfisk Group U.S. 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Nilfisk Group U.S. 401(k) Retirement Plan, Total assets ($B): 0.086498482 · Participants: 614Nilfisk Group U.S. 401(k) Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Nilfisk Group U.S. 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Nilfisk Group U.S. 401(k) Retirement Plan side-by-side with 3 peers →

Nilfisk Group U.S. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Axcet Hr Solutions M/E 401(k) Retirement Plan in KS ($86M); by covered participants it is Martin Brothers Distributing Company, Inc. ESOP and 401(k) Plan in IA (614 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (614 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nilfisk Group U.S. 401(k) Retirement Plan assets move in 2023? ▼
Nilfisk Group U.S. 401(k) Retirement Plan grew at a solid clip - up 8.9% during 2023, from $79M to $86M. Reported net income was $7M.
How have Nilfisk, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nilfisk, Inc.'s sponsor-wide assets grew 23.8%, from $83M to $103M.
Where does Nilfisk Group U.S. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Nilfisk Group U.S. 401(k) Retirement Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Nilfisk Group U.S. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Axcet Hr Solutions M/E 401(k) Retirement Plan in KS ($86M, 2,673 participants).
Which 401(k) plans cover a similar participant headcount to Nilfisk Group U.S. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Martin Brothers Distributing Company, Inc. ESOP and 401(k) Plan in IA (614 participants, $122M in assets).

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 410116040.

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.