Money Purchase · DOL Form 5500 · 2023
Nippon Life Group Money Purchase Plan
Data updated 2026-08-25
- $22M
- Total assets Small plan by assets
- 124
- Participants Small participant base
- 75th
- Percentile by assets National rank
- $180,764
- Avg per participant Above avg balance/head
Official DOL plan name: Nippon Life Group Money Purchase Plan · Sponsored by Nippon Life Group · New York · Finance & Insurance
$22M in assets, 124 participants
Nippon Life Group's Nippon Life Group Money Purchase Plan reported $22M in total assets and 124 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.
- #5,490 in Finance & Insurance (8,869 peers)
Coverage in New York
Nippon Life Group Money Purchase Plan covers 124 participants in New York, about 16% of the average New York filer (state average ~798 per filing). Assets: $22M.
- #5,490
- in Finance & Insurance (8,869 peers)
- +17.1%
- assets growth YoY
- 0.2×
- vs typical plan assets (national mean)
Nippon Life Group Money Purchase Plan's outsized position by total assets
Nippon Life Group Money Purchase Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$22,414,758 Top 25% higher than 75% 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
Nippon Life Group Money Purchase 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 Money Purchase Plan sits mid-pack in the medium band (124 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Nippon Life Group Money Purchase Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- Nippon Life Group Money Purchase Plan end-of-year assets rose from $19M in the plan year 2022 filing to $22M in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 042509896 · Nippon Life Group PY 2023 · Money Purchase
Nippon Life Group Money Purchase Plan · $22M · 124 · 75th
- PCT $22M
- EIN 124
- RANK 75th
- PHOTO Money Purchase
- IND near Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion)
- EOY ind #5490
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 Money Purchase Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $19M |
|---|---|
| Net Assets (End of Year) | $22M |
| Net Income | $3M |
| Employer EIN | 042509896 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING 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
- $26M 55.498543193381735% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 246 | $58M |
| 2023 | 1 | 124 | $22M |
| 2024 | 1 | 129 | $26M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- Tiaa Retirement Plan $5.3B · 12,501
- Young Men's Christian Association Retirement Fund Retirement Plan $3.7B · 43,490
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.0B · 15,163
- Brookhaven Science Associates, LLC Retirement Plan $1.4B · 2,473
- Iron Workers Locals 40, 361 & 417 Annuity Fund $1.2B · 4,998
Nippon Life Group Money Purchase Plan's out-of-state Money Purchase peers by assets and headcount
Outside New York, the nearest Money Purchase by assets is Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) in MI ($22M); by covered participants it is Lnl Money Purchase Plan in PA (124 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($22M here).
- Alro Steel Corporation and Subsidiaries Retirement/401(k) Plan (Money Purchase Portion) (MI) $22M · 2,948
- Charles R. Drew University of Medicine and Science Money Purchase Pension Plan (CA) $23M · 107
- Retirement Plan for Employees of the Peterson Institute for International Economics (DC) $22M · 43
- Swisher International Inc. Defined Contribution Plan for Salaried Employees (CT) $22M · 481
Similar participant headcount
Nearest other-state filings by covered participants (124 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.