401(k) · DOL Form 5500 · 2023

Nfi Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$245M
Total assets
15,956
Participants
95th
Percentile by assets
$15,344
Avg per participant
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Official DOL plan name: Nfi Industries, Inc. Employee Retirement Savings Plan · Sponsored by Nfi Industries, Inc. · New Jersey · Transportation & Warehousing

$245M in assets, 15,956 participants

Nfi Industries, Inc.'s Nfi Industries, Inc. Employee Retirement Savings Plan reported $245M in total assets and 15,956 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #3,157 in Transportation & Warehousing (3,362 peers)

Coverage in New Jersey

Nfi Industries, Inc. Employee Retirement Savings Plan covers 15,956 participants in New Jersey, 19x the typical New Jersey plan (state average ~844 per filing). Assets: $245M.

$245M
total plan assets (2023 EOY)
15,956
covered participants
95th
percentile by assets (of 127,072 plans)
$15,344
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nfi Industries, Inc. Employee Retirement Savings Plan reported net income rose from -$20M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Nfi Industries, Inc. Employee Retirement Savings Plan end-of-year assets rose from $190M in the plan year 2022 filing to $245M in the plan year 2023 filing.
  • Nfi Industries, Inc. Employee Retirement Savings Plan reported participants rose from 13,772 in the plan year 2022 filing to 15,956 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Nfi Industries, Inc. Employee Retirement Savings Plan reports 15,956 participants - 19x that state average ($245M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$190M
Net Assets (End of Year)$245M
Net Income$55M
Employer EIN222543994
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nfi Industries, Inc.)

$150M$200M$250M$300M$350M 202220232024 $190M $299M ▲ +57.7%
Total plan assets by year, all Nfi Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 1 13,772 $190M
2023 1 15,956 $245M
2024 1 15,746 $299M

Nearby 401(k) Plans in New Jersey

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

Nfi Industries, Inc. Employee Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Nfi Industries, Inc. Employee Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -1001020304050 Total assets ($B) Participants Nfi Industries, Inc.…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Nfi Industries, Inc. Employee Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Scale composition for Nfi Industries, Inc. Employee Retirement Savings Plan

Nfi Industries, Inc. Employee Retirement Savings Plan reports $245M in end-of-year assets across 15,956 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $15,344 per participant (11% of the national average assets-per-participant) . Net income for plan year 2023 was $55M.

This plan identity (EIN 222543994, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $190M to $299M (+57.7%) while covered participants moved from 13,772 to 15,746 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,772 $190M Open filing
2023 15,956 $245M This page
2024 · index core 15,746 $299M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Nfi Industries, Inc. Employee Retirement Savings Plan assets move in 2023?
Nfi Industries, Inc. Employee Retirement Savings Plan grew sharply - up 29.0% during 2023, from $190M to $245M. Reported net income was $55M.
How have Nfi Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nfi Industries, Inc.'s sponsor-wide assets grew 57.7%, from $190M to $299M.
Where does Nfi Industries, Inc. Employee Retirement Savings Plan rank by assets among Form 5500 filers?
Nfi Industries, Inc. Employee Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Nfi Industries, Inc. Employee Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is American Axle & Manufacturing, Inc. Personal Savings Plan for Hourly-Rate Associates in MI ($245M, 3,902 participants).

Next read for Nfi Industries, Inc. Employee Retirement…

Filing takeaways

Ways to act on Nfi Industries, Inc. Employee Retirement Savings Plan's numbers.