401(k) · DOL Form 5500 · 2022

Neles USA Inc. 401(k) Plan

Data updated 2026-08-25

$79M
Total assets Below avg plan size
442
Participants Below avg headcount
91st
Percentile by assets National rank
$178,839
Avg per participant Above avg balance/head
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Official DOL plan name: Neles Retirement Savings Plan · Sponsored by Neles USA Inc. · Massachusetts · Manufacturing

$79M in assets, 442 participants

Neles USA Inc.'s Neles Retirement Savings Plan reported $79M in total assets and 442 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #17,913 in Manufacturing (20,602 peers)

Where Neles Retirement Savings Plan sits by assets

Neles Retirement Savings Plan sits in the top 10% of all filed plans by assets, $79M for 442 participants (~$178,839/participant), down 22.2% in 2022.

#17,913
in Manufacturing (20,602 peers)
-22.2%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Neles Retirement Savings Plan's outsized position by total assets

Neles Retirement Savings Plan vs every filed plan by assets

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

$79,046,884 Top 9% higher than 91% of 139,123 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 2022

Neles Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Neles Retirement Savings Plan sits mid-pack in the medium band (442 participants).

EBSA filing schedule strip

Filing strip 043397647 · Neles USA Inc. PY 2022 · 401(k)

Neles Retirement Savings Plan · $79M · 442 · 91st

  • TYPE $79M
  • TYPE 442
  • TYPE 91st
  • TYPE 401(k)
  • TYPE near Cornerstone Chemical Company Union Employees' Savings and Profit Sharing Plan
  • TYPE ind #17913

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 Massachusetts →

Neles Retirement Savings Plan in the asset neighbourhood

Chugach Electric Association, Inc. Employees 401(k) PlanChugach Electric Association…$79MNeles Retirement Savings Plan$79MCornerstone Chemical Company Union Employees' Savings and Profit Sharing PlanCornerstone Chemical Company…$79MHellermanntyton Corporation 401(k) Retirement and Profit Sharing PlanHellermanntyton Corporation …$79MFox Management Rehabilitation Services LLC 401(k) PlanFox Management Rehabilitatio…$79M
End-of-year total assets ($M) among Neles Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$79M
Net Income-$23M
Employer EIN043397647
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Neles USA Inc.)

Sponsor-wide plan assets over time

All Neles USA Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2023 filing year
$0M$50M$100M 20222023 $79.1M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 442 $79M
2023 1 490 N/A

Nearby 401(k) Plans in Massachusetts

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

Neles Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Neles Retirement Savings Plan, Total assets ($B): 0.079046884 · Participants: 442Neles Retirement Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Neles Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Neles Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Cornerstone Chemical Company Union Employees' Savings and Profit Sharing Plan in LA ($79M); by covered participants it is Miller Transportation 401(k) Plan and Trust in KY (442 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (442 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Neles Retirement Savings Plan assets move in 2022?
Neles Retirement Savings Plan declined sharply - down 22.2% during 2022, from $102M to $79M. Reported net income was -$23M.
Where does Neles Retirement Savings Plan rank by assets among Form 5500 filers?
Neles Retirement Savings Plan ranks in the 91st 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 Neles Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Cornerstone Chemical Company Union Employees' Savings and Profit Sharing Plan in LA ($79M, 247 participants).
Which 401(k) plans cover a similar participant headcount to Neles Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Miller Transportation 401(k) Plan and Trust in KY (442 participants, $5M in assets).