Defined Benefit (Pension) · DOL Form 5500 · 2023
Nexans USA Inc. Pension Plan
Data updated 2026-08-25
- $35M
- Total assets Below avg plan size
- 3
- Participants Small participant base
- 81st
- Percentile by assets National rank
- $11.6M
- Avg per participant High balance/head
Official DOL plan name: Nexans USA Inc. Salaried and Hourly Pension Plan · Sponsored by Nexans USA Inc. · South Carolina · Manufacturing
$35M in assets, 3 participants
Nexans USA Inc.'s Nexans USA Inc. Salaried and Hourly Pension Plan reported $35M in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.
- #13,773 in Manufacturing (18,722 peers)
Where Nexans USA Inc. Salaried and Hourly Pension Plan sits by assets
Nexans USA Inc. Salaried and Hourly Pension Plan sits in the top quartile of all filed plans by assets, $35M for 3 participants (~$11.6M/participant), down 9.0% in 2023.
- #13,773
- in Manufacturing (18,722 peers)
- -9.0%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Nexans USA Inc. Salaried and Hourly Pension Plan's outsized position by total assets
Nexans USA Inc. Salaried and Hourly Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$34,774,619 Top 19% higher than 81% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Nexans USA Inc. Salaried and Hourly Pension Plan among micro filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nexans USA Inc. Salaried and Hourly Pension Plan is a micro filing (3 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Nexans USA Inc. Salaried and Hourly Pension Plan reported net income rose from -$10M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
- Nexans USA Inc. Salaried and Hourly Pension Plan reported participants fell from 4 in the plan year 2022 filing to 3 in the plan year 2023 filing.
- Nexans USA Inc. Salaried and Hourly Pension Plan end-of-year assets fell from $38M in the plan year 2022 filing to $35M in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 562212188 · Nexans USA Inc. PY 2023 · Defined Benefit (Pension)
Nexans USA Inc. Salaried and Hourly Pension Plan · $35M · 3 · 81st
- NET $35M
- BOOK 3
- VS-ST 81st
- BOY Defined Benefit (Pension)
- SCH near Sharp Corporation Retirement Plan
- EBSA ind #13773
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 South Carolina →
Nexans USA Inc. Salaried and Hourly Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $38M |
|---|---|
| Net Assets (End of Year) | $35M |
| Net Income | -$3M |
| Employer EIN | 562212188 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nexans USA Inc.)
Sponsor-wide plan assets over time
All Nexans USA Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $149M 15.793625757885458% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 466 | $129M |
| 2023 | 2 | 532 | $136M |
| 2024 | 2 | 573 | $149M |
Nearby Defined Benefit (Pension) Plans in South Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan $3.9B · 2,016
- Michelin Retirement Plan $2.2B · 3,743
- Non-Contributory Retirement Program for Certain Empl of Bcbssc $1.2B · 4,344
- Legacy Ghs/Tuomey Pension Plan $611M · 3,346
- Kennametal Inc. Retirement Income Plan $541M · 563
Nexans USA Inc. Salaried and Hourly Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside South Carolina, the nearest Defined Benefit (Pension) by assets is Sharp Corporation Retirement Plan in PA ($35M); by covered participants it is Cape Cod Management, LLC Defined Benefit Pension Plan in TX (3 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($35M here).
- Sharp Corporation Retirement Plan (PA) $35M · 842
- Orange Bank & Trust Company Pension Plan as a Member of the New York State Bankers Retirement System (NY) $35M · 46
- Marble, Tile, and Terrazzo Workers Pension Fund (MD) $35M · 345
- The Restated Noncontributory Retirement Plan for Cooperatives (IA) $35M · 204
Similar participant headcount
Nearest other-state filings by covered participants (3 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.