401(k) · DOL Form 5500 · 2023

Nibco Inc. 401(k) Plan

Data updated 2026-08-25

$126M
Total assets Near avg plan size
1,526
Participants Near avg headcount
93rd
Percentile by assets National rank
$82,374
Avg per participant Below avg balance/head
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Official DOL plan name: Nibco Inc. Profit Sharing & 401(k) Savings Plan · Sponsored by Nibco Inc. · Indiana · Manufacturing

$126M in assets, 1,526 participants

Nibco Inc.'s Nibco Inc. Profit Sharing & 401(k) Savings Plan reported $126M in total assets and 1,526 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,618 in Manufacturing (18,722 peers)

Coverage in Indiana

Nibco Inc. Profit Sharing & 401(k) Savings Plan covers 1,526 participants in Indiana, 2.8x the typical Indiana plan (state average ~541 per filing). Assets: $126M.

#16,618
in Manufacturing (18,722 peers)
+11.0%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Nibco Inc. Profit Sharing & 401(k) Savings Plan's outsized position by total assets

Nibco Inc. Profit Sharing & 401(k) Savings Plan vs every filed plan by assets

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

$125,703,391 Top 7% higher than 93% 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

Nibco Inc. Profit Sharing & 401(k) 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. Nibco Inc. Profit Sharing & 401(k) Savings Plan lands in the large band (1,526 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nibco Inc. Profit Sharing & 401(k) Savings Plan reported net income rose from -$37M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Nibco Inc. Profit Sharing & 401(k) Savings Plan reported participants rose from 1,359 in the plan year 2022 filing to 1,526 in the plan year 2023 filing.
  • Nibco Inc. Profit Sharing & 401(k) Savings Plan end-of-year assets rose from $113M in the plan year 2022 filing to $126M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 350552560 · Nibco Inc. PY 2023 · 401(k)

Nibco Inc. Profit Sharing & 401(k) Savings Plan · $126M · 1,526 · 93rd

  • PART $126M
  • TYPE 1,526
  • NET 93rd
  • BOOK 401(k)
  • VS-ST near Helzberg Diamonds Savings Plan
  • BOY ind #16618

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 Indiana →

Nibco Inc. Profit Sharing & 401(k) Savings Plan in the asset neighbourhood

Toyota of Orange 401(k) Plan and TrustToyota of Orange 401(k) Plan…$126MNutter, Mcclennen & Fish, LLP 401(k) Savings and Profit Sharing PlanNutter, Mcclennen & Fish, LL…$126MNibco Inc. Profit Sharing & 401(k) Savings PlanNibco Inc. Profit Sharing & …$126MHelzberg Diamonds Savings PlanHelzberg Diamonds Savings Pl…$126MNgmeo Profit Sharing Plan$126M
End-of-year total assets ($M) among Nibco Inc. Profit Sharing & 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$113M
Net Assets (End of Year)$126M
Net Income$8M
Employer EIN350552560
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nibco Inc.)

Sponsor-wide plan assets over time

All Nibco Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$522M 23.401308457715643% vs 2022
2024 filing year
$400M$450M$500M$550M 202220232024 $423M $522M ▲ +23.4%
Year Plans Participants Total Assets
2022 2 2,592 $423M
2023 2 2,768 $490M
2024 2 2,247 $522M

Nearby 401(k) Plans in Indiana

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

Nibco Inc. Profit Sharing & 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Nibco Inc. Profit Sharing & 401(k) Savings Plan, Total assets ($B): 0.125703391 · Participants: 1526Nibco Inc. Profit Sharing & 401(k) Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Nibco Inc. Profit Sharing & 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Nibco Inc. Profit Sharing & 401(k) Savings Plan side-by-side with 3 peers →

Nibco Inc. Profit Sharing & 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Helzberg Diamonds Savings Plan in MO ($126M); by covered participants it is Mariner Wealth Advisors, LLC 401(k) Plan in KS (1,526 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($126M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,526 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 Nibco Inc. Profit Sharing & 401(k) Savings Plan assets move in 2023? ▼
Nibco Inc. Profit Sharing & 401(k) Savings Plan grew at a solid clip - up 11.0% during 2023, from $113M to $126M. Reported net income was $8M.
How have Nibco Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nibco Inc.'s sponsor-wide assets grew 23.4%, from $423M to $522M.
Where does Nibco Inc. Profit Sharing & 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Nibco Inc. Profit Sharing & 401(k) Savings Plan ranks in the 93rd 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 Nibco Inc. Profit Sharing & 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Helzberg Diamonds Savings Plan in MO ($126M, 1,991 participants).
Which 401(k) plans cover a similar participant headcount to Nibco Inc. Profit Sharing & 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mariner Wealth Advisors, LLC 401(k) Plan in KS (1,526 participants, $187M 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 350552560.

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.