401(k) · DOL Form 5500 · 2023

Nexans USA Inc. 401(k) Plan

Data updated 2026-08-11

$101M
Total assets: 529
Participants: 91st
Percentile by assets: $191,258
Avg per participant

Official DOL plan name: Nexans USA Inc. 401(k) Retirement Savings Plan · Sponsored by Nexans USA Inc. · South Carolina · Manufacturing

$101M in assets, 529 participants

Nexans USA Inc.'s Nexans USA Inc. 401(k) Retirement Savings Plan reported $101M in total assets and 529 participants in its 2023 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.

91st percentile by assets (of 127,072 plans)
#16,277 in Manufacturing (18,722 peers)

Where Nexans USA Inc. 401(k) Retirement Savings Plan sits by assets

Nexans USA Inc. 401(k) Retirement Savings Plan sits in the top 10% of all filed plans by assets, $101M for 529 participants (~$191,258/participant), up 11.4% in 2023.

$101M
total plan assets (2023 EOY): 529
covered participants: 91st
percentile by assets (of 127,072 plans): $191,258
avg assets per participant

Where Nexans USA Inc. 401(k) Retirement Savings Plan sits by total assets

Nexans USA Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

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

$101,175,526 Top 9% higher than 91% 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. 401(k) Retirement Savings Plan reported net income rose from -$26M in the plan year 2022 filing to $10M in the plan year 2023 filing.
Nexans USA Inc. 401(k) Retirement Savings Plan reported participants rose from 462 in the plan year 2022 filing to 529 in the plan year 2023 filing.
Nexans USA Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $91M in the plan year 2022 filing to $101M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

South Carolina

Industry

Manufacturing

Nexans USA Inc. 401(k) Retirement Savings Plan vs the 2023 asset distribution

By assets, Nexans USA Inc. 401(k) Retirement Savings Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$91M
Net Assets (End of Year)	$101M
Net Income	$10M
Employer EIN	562212188
Plan Effective Date	2000-12-31
Filing Status	FILING RECEIVED

Sponsor Plan History (Nexans USA Inc.)

Total plan assets by year, all Nexans USA Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	466	$129M
2023	2	532	$136M
2024	2	573	$149M

Nearby 401(k) Plans in South Carolina

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

Nexans USA Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Michelin 401(k) Savings Plan $4.1B · 14,439
The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.5B · 8,661
Sonoco Retirement & Savings Plan $1.6B · 11,311
Sonoco Retirement & Savings Plan $1.3B · 10,614
Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.3B · 11,348

Compare Nexans USA Inc. 401(k) Retirement Saving… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Indiana Packers Corporation 401(k) Retirement Savings Plan (IN) $101M · 2,234
Kent US 401(k) Retirement Savings Plan (TX) $101M · 525
Blue & Co. 401(k) Plan (IN) $101M · 537
General Atlantic Service Company, L.P. Retirement Plan (NY) $101M · 342

Frequently Asked Questions

How did Nexans USA Inc. 401(k) Retirement Savings Plan assets move in 2023? ▼

Nexans USA Inc. 401(k) Retirement Savings Plan grew at a solid clip - up 11.4% during 2023, from $91M to $101M. Reported net income was $10M.

How have Nexans USA Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Nexans USA Inc.'s sponsor-wide assets grew 15.8%, from $129M to $149M.

Where does Nexans USA Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Nexans USA Inc. 401(k) Retirement Savings Plan ranks in the 91st 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 Nexans USA Inc. 401(k) Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Indiana Packers Corporation 401(k) Retirement Savings Plan in IN ($101M, 2,234 participants).

Next read for Nexans USA Inc. 401(k) Retirement Saving…

Scale reading

Ways to act on Nexans USA Inc. 401(k) Retirement Savings Plan's numbers.

By total assets, Nexans USA Inc. 401(k) Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
Nexans USA Inc.'s sponsor-wide assets have grown 15.8% since 2022 across 3 plan years on file. More Manufacturing plans

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 562212188.