401(k) · DOL Form 5500 · 2023

Nibe Energy Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$139M
Total assets Near avg plan size
2,839
Participants Above avg headcount
93rd
Percentile by assets National rank
$48,945
Avg per participant Low balance/head
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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.

  • #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.

#903
in Management of Enterprises (1,137 peers)
+25.4%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Nibe USA 401(k) Retirement Plan's outsized position 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 $2,050,000,000 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

Nibe USA 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nibe USA 401(k) Retirement Plan lands in the large band (2,839 participants).

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 →

Form 5500 schedule snapshot

Filing strip 990368191 · Nibe Energy Systems, Inc. PY 2023 · 401(k)

Nibe USA 401(k) Retirement Plan · $139M · 2,839 · 93rd

  • BOY $139M
  • SCH 2,839
  • EBSA 93rd
  • PART 401(k)
  • TYPE near Mfa 401(k) Plan
  • NET ind #903

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 Management of Enterprises retirement plans → · Plans in Indiana →

Nibe USA 401(k) Retirement Plan in the asset neighbourhood

The Pdc Energy, Inc. 401(k) & Profit Sharing PlanThe Pdc Energy, Inc. 401(k) …$139MMfa 401(k) Plan$139MNibe USA 401(k) Retirement PlanNibe USA 401(k) Retirement P…$139MOak Street Health, 401(k) PlanOak Street Health, 401(k) Pl…$139MSunstate Equipment Co., LLC Retirement Savings Plan and TrustSunstate Equipment Co., LLC …$139M
End-of-year total assets ($M) among Nibe USA 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Nibe Energy Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$157M 42.04239739464566% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $111M $157M ▲ +42.0%
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 ($B) Participants Nibe USA 401(k) Retirement Plan, Total assets ($B): 0.138956112 · Participants: 2839Nibe USA 401(k) Retirement PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
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 →

Nibe USA 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Mfa 401(k) Plan in MO ($139M); by covered participants it is Medpace Inc 401(k) Profit Sharing Plan and Trust in OH (2,838 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($139M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,839 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 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).
Which 401(k) plans cover a similar participant headcount to Nibe USA 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Medpace Inc 401(k) Profit Sharing Plan and Trust in OH (2,838 participants, $198M 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 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.