401(k) · DOL Form 5500 · 2023

Nibco Inc. 401(k) Plan

Data updated 2026-08-11

$126M
Total assets
1,526
Participants
93rd
Percentile by assets
$82,374
Avg per participant
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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.

  • 93rd percentile by assets (of 127,072 plans)
  • #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.

$126M
total plan assets (2023 EOY)
1,526
covered participants
93rd
percentile by assets (of 127,072 plans)
$82,374
avg assets per participant

Where Nibco Inc. Profit Sharing & 401(k) Savings Plan sits 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 $2,010,000,000 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

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 →

State
Indiana
Industry
Manufacturing

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Nibco Inc. Profit Sharing & 401(k) Savings Plan reports 1,526 participants - 2.8x that state average ($126M EOY assets).

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.)

$400M$450M$500M$550M 202220232024 $423M $522M ▲ +23.4%
Total plan assets by year, all Nibco Inc. plans on file
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 ($B) Participants Nibco Inc. Profit Sh…, Total assets ($B): 0.125703391 · Participants: 1526Nibco Inc. Profit Sh…The Lilly Employee 4…, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 4…Elevance Health 401(…, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(…Cummins Retirement a…, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement a…Iu Health 401(k) Sav…, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Sav…Steel Dynamics, Inc.…, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc.…
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) Savin… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nibco Inc. Profit Sharing & 401(k) Savings Plan by total assets, not by location.

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).

Next read for Nibco Inc. Profit Sharing & 401(k) Savin…

Filing takeaways

Ways to act on Nibco Inc. Profit Sharing & 401(k) Savings Plan's numbers.

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.