Defined Benefit (Pension) · DOL Form 5500 · 2023
Nidec Minster Corporation Pension Plan
Data updated 2026-08-25
- $64M
- Total assets Below avg plan size
- 79
- Participants Small participant base
- 88th
- Percentile by assets National rank
- $804,972
- Avg per participant High balance/head
Official DOL plan name: Nidec Minster Corporation Consolidated Pension Trust · Sponsored by Nidec Minster Corporation · Ohio · Manufacturing
$64M in assets, 79 participants
Nidec Minster Corporation's Nidec Minster Corporation Consolidated Pension Trust reported $64M in total assets and 79 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.
- #15,361 in Manufacturing (18,722 peers)
Where Nidec Minster Corporation Consolidated Pension Trust sits by assets
Nidec Minster Corporation Consolidated Pension Trust sits in the top quartile of all filed plans by assets, $64M for 79 participants (~$804,972/participant), down 3.0% in 2023.
- #15,361
- in Manufacturing (18,722 peers)
- -3.0%
- assets change YoY
- 0.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Nidec Minster Corporation Consolidated Pension Trust's outsized position by total assets
Nidec Minster Corporation Consolidated Pension Trust vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$63,592,824 Top 12% higher than 88% 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
Nidec Minster Corporation Consolidated Pension Trust among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nidec Minster Corporation Consolidated Pension Trust is a small filing (79 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Nidec Minster Corporation Consolidated Pension Trust reported net income rose from -$9M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
- Nidec Minster Corporation Consolidated Pension Trust reported participants fell from 92 in the plan year 2022 filing to 79 in the plan year 2023 filing.
- Nidec Minster Corporation Consolidated Pension Trust end-of-year assets fell from $66M in the plan year 2022 filing to $64M in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 344306440 · Nidec Minster Corporation PY 2023 · Defined Benefit (Pension)
Nidec Minster Corporation Consolidated Pension Trust · $64M · 79 · 88th
- PART $64M
- TYPE 79
- NET 88th
- BOOK Defined Benefit (Pension)
- VS-ST near Its, Inc. Pension Plan
- BOY ind #15361
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 →
Nidec Minster Corporation Consolidated Pension Trust in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $66M |
|---|---|
| Net Assets (End of Year) | $64M |
| Net Income | -$2M |
| Employer EIN | 344306440 |
| Plan Effective Date | 1962-09-24 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nidec Minster Corporation)
Sponsor-wide plan assets over time
All Nidec Minster Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $53M 19.493588442612023% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 92 | $66M |
| 2023 | 1 | 79 | $64M |
| 2024 | 1 | 65 | $53M |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Firstenergy Corp. Master Pension Plan $7.1B · 12,304
- Nationwide Retirement Plan $5.3B · 22,311
- American Electric Power System Retirement Plan $4.5B · 15,595
- Parker Defined Benefit Plan $3.7B · 191
- Ohio Operating Engineers Pension Plan $3.6B · 10,029
Nidec Minster Corporation Consolidated Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Ohio, the nearest Defined Benefit (Pension) by assets is Its, Inc. Pension Plan in IA ($64M); by covered participants it is The Pension Plan for the Mott Children's Health Center in MI (79 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($64M here).
- Its, Inc. Pension Plan (IA) $64M · 227
- Altec Industries, Inc. Associates' Pension Plan (AL) $64M · 687
- Local 1034 Pension Fund (NY) $64M · 116
- Legal & General America, Inc. Cash Balance Plan (MD) $64M · 802
Similar participant headcount
Nearest other-state filings by covered participants (79 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.