401(k) · DOL Form 5500 · 2023

Nemak USA, Inc. 401(k) Plan

Data updated 2026-08-11

$175M
Total assets: 2,151
Participants: 94th
Percentile by assets: $81,224
Avg per participant

Official DOL plan name: Nemak USA, Inc. Retirement Savings Plan · Sponsored by Nemak USA, Inc. · Michigan · Wholesale Trade

$175M in assets, 2,151 participants

Nemak USA, Inc.'s Nemak USA, Inc. Retirement Savings Plan reported $175M in total assets and 2,151 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 127,072 plans)
#6,028 in Wholesale Trade (6,309 peers)

Coverage in Michigan

Nemak USA, Inc. Retirement Savings Plan covers 2,151 participants in Michigan, 3.4x the typical Michigan plan (state average ~638 per filing). Assets: $175M.

$175M
total plan assets (2023 EOY): 2,151
covered participants: 94th
percentile by assets (of 127,072 plans): $81,224
avg assets per participant

Where Nemak USA, Inc. Retirement Savings Plan sits by total assets

Nemak USA, Inc. Retirement Savings Plan vs every filed plan by assets

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

$174,713,473 Top 6% higher than 94% 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

Nemak USA, Inc. Retirement Savings Plan reported net income rose from -$30M in the plan year 2022 filing to $29M in the plan year 2023 filing.
Nemak USA, Inc. Retirement Savings Plan end-of-year assets rose from $146M in the plan year 2022 filing to $175M in the plan year 2023 filing.
Nemak USA, Inc. Retirement Savings Plan reported participants rose from 2,022 in the plan year 2022 filing to 2,151 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Wholesale Trade

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Nemak USA, Inc. Retirement Savings Plan reports 2,151 participants - 3.4x that state average ($175M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$146M
Net Assets (End of Year)	$175M
Net Income	$29M
Employer EIN	621298183
Plan Effective Date	2002-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Nemak USA, Inc.)

Total plan assets by year, all Nemak USA, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	2,022	$152M
2023	2	2,151	$181M
2024	2	2,513	$195M

Nearby 401(k) Plans in Michigan

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

Nemak USA, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195

Compare Nemak USA, Inc. Retirement Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Colony Brands, Inc. Retirement Savings Plan (WI) $175M · 2,035
Smc Corporation Retirement Savings Plan (IN) $175M · 1,310
Chico's Fas, Inc. 401(k) Elective Deferral Plan (FL) $175M · 8,998
Aprio Employees Retirement Plan (GA) $175M · 1,475

Frequently Asked Questions

How did Nemak USA, Inc. Retirement Savings Plan assets move in 2023? ▼

Nemak USA, Inc. Retirement Savings Plan grew sharply - up 19.8% during 2023, from $146M to $175M. Reported net income was $29M.

How have Nemak USA, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Nemak USA, Inc.'s sponsor-wide assets grew 28.9%, from $152M to $195M.

Where does Nemak USA, Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Nemak USA, Inc. Retirement Savings Plan ranks in the 94th 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 Nemak USA, Inc. Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Colony Brands, Inc. Retirement Savings Plan in WI ($175M, 2,035 participants).

Next read for Nemak USA, Inc. Retirement Savings Plan

Filing takeaways

Ways to act on Nemak USA, Inc. Retirement Savings Plan's numbers.

By total assets, Nemak USA, Inc. Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
Nemak USA, Inc.'s sponsor-wide assets have grown 28.9% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 621298183.