401(k) · DOL Form 5500 · 2023

Nitto Americas Inc. 401(k) Plan

Data updated 2026-08-11

$223M
Total assets
2,025
Participants
95th
Percentile by assets
$109,964
Avg per participant
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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.

  • 95th percentile by assets (of 127,072 plans)
  • #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.

$223M
total plan assets (2023 EOY)
2,025
covered participants
95th
percentile by assets (of 127,072 plans)
$109,964
avg assets per participant

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 →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Nitto 401(k) Retirement Plan reports 2,025 participants - 2.4x that state average ($223M EOY assets).

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.)

$200M$220M$240M$260M 202220232024 $205M $242M ▲ +18.2%
Total plan assets by year, all Nitto Americas Inc. plans on file
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

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) Retirem…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Nitto 401(k) Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nitto 401(k) Retirement Plan by total assets, not by location.

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).

Next read for Nitto 401(k) Retirement Plan

Filing takeaways

Ways to act on Nitto 401(k) Retirement Plan's numbers.