401(k) · DOL Form 5500 · 2023

Nemco, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
105
Participants Small participant base
53rd
Percentile by assets National rank
$74,436
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: 401(k) Nemco Opportunity Plan · Sponsored by Nemco, Inc. · Ohio · Manufacturing

$8M in assets, 105 participants

Nemco, Inc.'s 401(k) Nemco Opportunity Plan reported $8M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #7,165 in Manufacturing (18,722 peers)

Coverage in Ohio

401(k) Nemco Opportunity Plan covers 105 participants in Ohio, about 14% of the average Ohio filer (state average ~765 per filing). Assets: $8M.

#7,165
in Manufacturing (18,722 peers)
+17.8%
assets growth YoY

401(k) Nemco Opportunity Plan's mid-pack asset rank among Manufacturing and all filers

401(k) Nemco Opportunity Plan vs every filed plan by assets

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

$7,815,783 Top 47% higher than 53% 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

401(k) Nemco Opportunity 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. 401(k) Nemco Opportunity Plan sits mid-pack in the medium band (105 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 401(k) Nemco Opportunity Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • 401(k) Nemco Opportunity Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 341191883 · Nemco, Inc. PY 2023 · 401(k)

401(k) Nemco Opportunity Plan · $8M · 105 · 53rd

  • NET $8M
  • NET 105
  • NET 53rd
  • NET 401(k)
  • NET near Fabuwood Cabinetry Corp 401(k) Profit Sharing Plan
  • NET ind #7165

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 Ohio →

401(k) Nemco Opportunity Plan in the asset neighbourhood

401(k) Nemco Opportunity Plan$8MFabuwood Cabinetry Corp 401(k) Profit Sharing PlanFabuwood Cabinetry Corp 401(…$8M401(k) Profit Sharing Plan for Employees of Youth Service Bureau of Illinois Valley, Inc.401(k) Profit Sharing Plan f…$8MUtac US Inc. 401(k) Plan$8MGsc Enterprises, Inc. 401(k) PlanGsc Enterprises, Inc. 401(k)…$8M
End-of-year total assets ($M) among 401(k) Nemco Opportunity Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN341191883
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nemco, Inc.)

Sponsor-wide plan assets over time

All Nemco, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 34.18838548551809% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.64M $8.91M ▲ +34.2%
Year Plans Participants Total Assets
2022 1 104 $7M
2023 1 105 $8M
2024 1 105 $9M

Nearby 401(k) Plans in Ohio

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

401(k) Nemco Opportunity Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants 401(k) Nemco Opportunity Plan, Total assets ($B): 0.007815783 · Participants: 105401(k) Nemco Opportunity PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
401(k) Nemco Opportunity Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare 401(k) Nemco Opportunity Plan side-by-side with 3 peers →

401(k) Nemco Opportunity Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Fabuwood Cabinetry Corp 401(k) Profit Sharing Plan in NJ ($8M); by covered participants it is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (105 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 401(k) Nemco Opportunity Plan assets move in 2023? ▼
401(k) Nemco Opportunity Plan grew sharply - up 17.8% during 2023, from $7M to $8M. Reported net income was $1M.
How have Nemco, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nemco, Inc.'s sponsor-wide assets grew 34.2%, from $7M to $9M.
Which 401(k) plans are similar in size to 401(k) Nemco Opportunity Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fabuwood Cabinetry Corp 401(k) Profit Sharing Plan in NJ ($8M, 687 participants).
Which 401(k) plans cover a similar participant headcount to 401(k) Nemco Opportunity Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants, $6M 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 341191883.

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.