401(k) · DOL Form 5500 · 2023

Nippon Life Group 401(k) Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
125
Participants Small participant base
84th
Percentile by assets National rank
$355,107
Avg per participant High balance/head
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Official DOL plan name: Nippon Life Group 401(k) Plan · Sponsored by Nippon Life Group · New York · Finance & Insurance

$44M in assets, 125 participants

Nippon Life Group's Nippon Life Group 401(k) Plan reported $44M in total assets and 125 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,730 in Finance & Insurance (8,869 peers)

Coverage in New York

Nippon Life Group 401(k) Plan covers 125 participants in New York, about 16% of the average New York filer (state average ~798 per filing). Assets: $44M.

#6,730
in Finance & Insurance (8,869 peers)
+15.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Nippon Life Group 401(k) Plan's outsized position by total assets

Nippon Life Group 401(k) Plan vs every filed plan by assets

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

$44,388,361 Top 16% higher than 84% 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

Nippon Life Group 401(k) 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. Nippon Life Group 401(k) Plan sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nippon Life Group 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Nippon Life Group 401(k) Plan end-of-year assets rose from $39M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Nippon Life Group 401(k) Plan reported participants rose from 123 in the plan year 2022 filing to 125 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 133398996 · Nippon Life Group PY 2023 · 401(k)

Nippon Life Group 401(k) Plan · $44M · 125 · 84th

  • PHOTO $44M
  • PHOTO 125
  • PHOTO 84th
  • PHOTO 401(k)
  • PHOTO near Tobii Dynavox Retirement Savings Plan
  • PHOTO ind #6730

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 Finance & Insurance retirement plans → · Plans in New York →

Nippon Life Group 401(k) Plan in the asset neighbourhood

Nippon Life Group 401(k) Plan$44MTobii Dynavox Retirement Savings PlanTobii Dynavox Retirement Sav…$44MFlynn 401(k) Plan$44MToto USA, Inc. 401(k) Retirement PlanToto USA, Inc. 401(k) Retire…$44MAf Holding Co. & Subsidiaries Retirement PlanAf Holding Co. & Subsidiarie…$44M
End-of-year total assets ($M) among Nippon Life Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$44M
Net Income$6M
Employer EIN133398996
Plan Effective Date1991-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nippon Life Group)

Sponsor-wide plan assets over time

All Nippon Life Group plans reported in each filing year

Latest sponsor-wide plan assets
$51M 33.1663934640474% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.6M $51.4M ▲ +33.2%
Year Plans Participants Total Assets
2022 1 123 $39M
2023 1 125 $44M
2024 1 129 $51M

Nearby 401(k) Plans in New York

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

Nippon Life Group 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Nippon Life Group 401(k) Plan, Total assets ($B): 0.044388361 · Participants: 125Nippon Life Group 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Nippon Life Group 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Nippon Life Group 401(k) Plan side-by-side with 3 peers →

Nippon Life Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Tobii Dynavox Retirement Savings Plan in PA ($44M); by covered participants it is R. C. Construction Co., Inc. 401(k) Salary Savings Plan in MS (125 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($44M here).

Similar participant headcount

Nearest other-state filings by covered participants (125 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 Nippon Life Group 401(k) Plan assets move in 2023? ▼
Nippon Life Group 401(k) Plan grew sharply - up 15.1% during 2023, from $39M to $44M. Reported net income was $6M.
How have Nippon Life Group plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nippon Life Group's sponsor-wide assets grew 33.2%, from $39M to $51M.
Where does Nippon Life Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Nippon Life Group 401(k) Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nippon Life Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tobii Dynavox Retirement Savings Plan in PA ($44M, 371 participants).
Which 401(k) plans cover a similar participant headcount to Nippon Life Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is R. C. Construction Co., Inc. 401(k) Salary Savings Plan in MS (125 participants, N/A 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 133398996.

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.