401(k) · DOL Form 5500 · 2023

Nitto Americas Inc. 401(k) Plan

Data updated 2026-08-25

$223M
Total assets Near avg plan size
2,025
Participants Near avg headcount
95th
Percentile by assets National rank
$109,964
Avg per participant Below avg balance/head
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Official DOL plan name: Nitto 401(k) Retirement Plan · Sponsored by Nitto Americas Inc. · New Jersey · Manufacturing

$223M in assets, 2,025 participants

Nitto Americas Inc.'s Nitto 401(k) Retirement Plan reported $223M in total assets and 2,025 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #17,289 in Manufacturing (18,722 peers)

Coverage in New Jersey

Nitto 401(k) Retirement Plan covers 2,025 participants in New Jersey, 2.4x the typical New Jersey plan (state average ~844 per filing). Assets: $223M.

#17,289
in Manufacturing (18,722 peers)
+8.4%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Nitto 401(k) Retirement Plan's outsized position by total assets

Nitto 401(k) Retirement Plan vs every filed plan by assets

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

$222,677,507 Top 5% higher than 95% 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

Nitto 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. Nitto 401(k) Retirement Plan lands in the large band (2,025 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nitto 401(k) Retirement Plan reported net income rose from -$25M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Nitto 401(k) Retirement Plan end-of-year assets rose from $205M in the plan year 2022 filing to $223M in the plan year 2023 filing.
  • Nitto 401(k) Retirement Plan reported participants rose from 1,891 in the plan year 2022 filing to 2,025 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 132623346 · Nitto Americas Inc. PY 2023 · 401(k)

Nitto 401(k) Retirement Plan · $223M · 2,025 · 95th

  • PHOTO $223M
  • PHOTO 2,025
  • PHOTO 95th
  • PHOTO 401(k)
  • PHOTO near Flatiron Construction Corp. 401(k) Profit Sharing Plan
  • PHOTO ind #17289

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 New Jersey →

Nitto 401(k) Retirement Plan in the asset neighbourhood

Abbott Laboratories Stock Retirement Plan (Puerto Rico)Abbott Laboratories Stock Re…$223MFlatiron Construction Corp. 401(k) Profit Sharing PlanFlatiron Construction Corp. …$223MNitto 401(k) Retirement Plan$223MFarella Braun and Martel LLP Profit Sharing and 401(k) PlanFarella Braun and Martel LLP…$222MTi Group Automotive Systems Employees' Savings PlanTi Group Automotive Systems …$222M
End-of-year total assets ($M) among Nitto 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$205M
Net Assets (End of Year)$223M
Net Income$31M
Employer EIN132623346
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nitto Americas Inc.)

Sponsor-wide plan assets over time

All Nitto Americas Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$242M 18.165503431885167% vs 2022
2024 filing year
$200M$220M$240M$260M 202220232024 $205M $242M ▲ +18.2%
Year Plans Participants Total Assets
2022 1 1,891 $205M
2023 1 2,025 $223M
2024 1 1,786 $242M

Nearby 401(k) Plans in New Jersey

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

Nitto 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Nitto 401(k) Retirement Plan, Total assets ($B): 0.222677507 · Participants: 2025Nitto 401(k) Retirement PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Nitto 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Nitto 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside New Jersey, the nearest 401(k) by assets is Flatiron Construction Corp. 401(k) Profit Sharing Plan in CO ($223M); by covered participants it is Bill Miller Bar-B-Q Enterprises, LLC 401(k) Profit Sharing Plan in TX (2,025 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,025 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 Nitto 401(k) Retirement Plan assets move in 2023? ▼
Nitto 401(k) Retirement Plan grew at a solid clip - up 8.4% during 2023, from $205M to $223M. Reported net income was $31M.
How have Nitto Americas Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nitto Americas Inc.'s sponsor-wide assets grew 18.2%, from $205M to $242M.
Where does Nitto 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Nitto 401(k) Retirement Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Nitto 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Flatiron Construction Corp. 401(k) Profit Sharing Plan in CO ($223M, 1,244 participants).
Which 401(k) plans cover a similar participant headcount to Nitto 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bill Miller Bar-B-Q Enterprises, LLC 401(k) Profit Sharing Plan in TX (2,025 participants, $22M 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 132623346.

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.