401(k) · DOL Form 5500 · 2024

Nemak USA, Inc. 401(k) Plan

Data updated 2026-08-11

$189M
Total assets
2,513
Participants
94th
Percentile by assets
$75,218
Avg per participant
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Official DOL plan name: Nemak USA, Inc. Retirement Savings Plan · Sponsored by Nemak USA, Inc. · Michigan · Wholesale Trade

$189M in assets, 2,513 participants

Nemak USA, Inc.'s Nemak USA, Inc. Retirement Savings Plan reported $189M in total assets and 2,513 participants in its 2024 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 123,622 plans)
  • #5,800 in Wholesale Trade (6,080 peers)

Coverage in Michigan

Nemak USA, Inc. Retirement Savings Plan covers 2,513 participants in Michigan, 3.9x the typical Michigan plan (state average ~638 per filing). Assets: $189M.

$189M
total plan assets (2024 EOY)
2,513
covered participants
94th
percentile by assets (of 123,622 plans)
$75,218
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nemak USA, Inc. Retirement Savings Plan reported net income fell from $29M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Nemak USA, Inc. Retirement Savings Plan reported participants rose from 2,151 in the plan year 2023 filing to 2,513 in the plan year 2024 filing.
  • Nemak USA, Inc. Retirement Savings Plan end-of-year assets rose from $175M in the plan year 2023 filing to $189M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Nemak USA, Inc. Retirement Savings Plan reports 2,513 participants - 3.9x that state average ($189M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$175M
Net Assets (End of Year)$189M
Net Income$14M
Employer EIN621298183
Plan Effective Date2002-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nemak USA, Inc.)

$140M$160M$180M$200M 202220232024 $152M $195M ▲ +28.8%
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

Nemak USA, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Nemak USA, Inc. Reti…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Nemak USA, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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.

Frequently Asked Questions

How did Nemak USA, Inc. Retirement Savings Plan assets move in 2024?
Nemak USA, Inc. Retirement Savings Plan grew at a solid clip - up 8.2% during 2024, from $175M to $189M. Reported net income was $14M.
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 123,622 plans that reported assets for plan year 2024 (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 Thor Industries, Inc. 401(k) Plan in IN ($189M, 8,696 participants).

Next read for Nemak USA, Inc. Retirement Savings Plan

Filing takeaways

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