401(k) · DOL Form 5500 · 2023

Nibe Energy Systems, Inc. 401(k) Plan

Data updated 2026-08-11

$139M
Total assets
2,839
Participants
93rd
Percentile by assets
$48,945
Avg per participant
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Official DOL plan name: Nibe USA 401(k) Retirement Plan · Sponsored by Nibe Energy Systems, Inc. · Indiana · Management of Enterprises

$139M in assets, 2,839 participants

Nibe Energy Systems, Inc.'s Nibe USA 401(k) Retirement Plan reported $139M in total assets and 2,839 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)
  • #903 in Management of Enterprises (1,137 peers)

Coverage in Indiana

Nibe USA 401(k) Retirement Plan covers 2,839 participants in Indiana, 5.2x the typical Indiana plan (state average ~541 per filing). Assets: $139M.

$139M
total plan assets (2023 EOY)
2,839
covered participants
93rd
percentile by assets (of 127,072 plans)
$48,945
avg assets per participant

Where Nibe USA 401(k) Retirement Plan sits by total assets

Nibe USA 401(k) Retirement Plan vs every filed plan by assets

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

$138,956,112 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

  • Nibe USA 401(k) Retirement Plan reported net income rose from -$15M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Nibe USA 401(k) Retirement Plan end-of-year assets rose from $111M in the plan year 2022 filing to $139M in the plan year 2023 filing.
  • Nibe USA 401(k) Retirement Plan reported participants rose from 2,367 in the plan year 2022 filing to 2,839 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Indiana
Industry
Management of Enterprises

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Nibe USA 401(k) Retirement Plan reports 2,839 participants - 5.2x that state average ($139M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$139M
Net Income$21M
Employer EIN990368191
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nibe Energy Systems, Inc.)

$100M$120M$140M$160M$180M 202220232024 $111M $157M ▲ +42.0%
Total plan assets by year, all Nibe Energy Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,367 $111M
2023 1 2,839 $139M
2024 1 2,787 $157M

Nearby 401(k) Plans in Indiana

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

Nibe USA 401(k) Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Nibe USA 401(k) Reti…, Total assets ($B): 0.138956112 · Participants: 2839Nibe USA 401(k) Reti…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.…
Nibe USA 401(k) Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Nibe USA 401(k) Retirement Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Nibe USA 401(k) Retirement Plan assets move in 2023? ▼
Nibe USA 401(k) Retirement Plan grew sharply - up 25.4% during 2023, from $111M to $139M. Reported net income was $21M.
How have Nibe Energy Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nibe Energy Systems, Inc.'s sponsor-wide assets grew 42.0%, from $111M to $157M.
Where does Nibe USA 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Nibe USA 401(k) Retirement 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 Nibe USA 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mfa 401(k) Plan in MO ($139M, 1,730 participants).

Next read for Nibe USA 401(k) Retirement Plan

Filing takeaways

Ways to act on Nibe USA 401(k) Retirement 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 990368191.

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.