401(k) · DOL Form 5500 · 2023

Nexans USA Inc. 401(k) Plan

Data updated 2026-08-25

$101M
Total assets Near avg plan size
529
Participants Below avg headcount
91st
Percentile by assets National rank
$191,258
Avg per participant Above avg balance/head
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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.

  • #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.

#16,277
in Manufacturing (18,722 peers)
+11.4%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Nexans USA Inc. 401(k) Retirement Savings Plan's outsized position 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

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

Nexans USA Inc. 401(k) Retirement Savings Plan among mid-size 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. 401(k) Retirement Savings Plan sits mid-pack in the medium band (529 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

Plan-year Form 5500 strip

Filing strip 562212188 · Nexans USA Inc. PY 2023 · 401(k)

Nexans USA Inc. 401(k) Retirement Savings Plan · $101M · 529 · 91st

  • IND $101M
  • IND 529
  • IND 91st
  • IND 401(k)
  • IND near Indiana Packers Corporation 401(k) Retirement Savings Plan
  • IND ind #16277

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. 401(k) Retirement Savings Plan in the asset neighbourhood

Nexans USA Inc. 401(k) Retirement Savings PlanNexans USA Inc. 401(k) Retir…$101MIndiana Packers Corporation 401(k) Retirement Savings PlanIndiana Packers Corporation …$101MKent US 401(k) Retirement Savings PlanKent US 401(k) Retirement Sa…$101MBlue & Co. 401(k) Plan$101MGeneral Atlantic Service Company, L.P. Retirement PlanGeneral Atlantic Service Com…$101M
End-of-year total assets ($M) among Nexans USA Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$91M
Net Assets (End of Year)$101M
Net Income$10M
Employer EIN562212188
Plan Effective Date2000-12-31
Filing StatusFILING 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
$120M$130M$140M$150M$160M 202220232024 $129M $149M ▲ +15.8%
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 Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Nexans USA Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.101175526 · Participants: 529Nexans USA Inc. 401(k) Retirement Savings PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Nexans USA Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Nexans USA Inc. 401(k) Retirement Savings Plan side-by-side with 3 peers →

Nexans USA Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Indiana Packers Corporation 401(k) Retirement Savings Plan in IN ($101M); by covered participants it is First Community Bank 401(k) and Profit Sharing Plan in AR (529 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($101M here).

Similar participant headcount

Nearest other-state filings by covered participants (529 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 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).
Which 401(k) plans cover a similar participant headcount to Nexans USA Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is First Community Bank 401(k) and Profit Sharing Plan in AR (529 participants, $22M 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 562212188.

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.