ESOP · DOL Form 5500 · 2024
Nibco Inc. ESOP
Data updated 2026-07-24
- $377M
- Total assets
- 1,370
- Participants
- 96th
- Percentile by assets
- $275,170
- Avg per participant
Official DOL plan name: Nibco Inc. Employee Stock Ownership Plan · Sponsored by Nibco Inc. · Indiana · Manufacturing
$377M in assets, 1,370 participants
Nibco Inc.'s Nibco Inc. Employee Stock Ownership Plan reported $377M in total assets and 1,370 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 116,472 plans)
Coverage in Indiana
Nibco Inc. Employee Stock Ownership Plan covers 1,370 participants in Indiana, 2.5x the typical Indiana plan (state average ~555 per filing). Assets: $377M.
- $377M
- total plan assets (2024 EOY)
- 1,370
- covered participants
- 96th
- percentile by assets (of 116,472 plans)
- $275,170
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Nibco Inc. Employee Stock Ownership Plan reported net income fell from $56M in the plan year 2023 filing to $14M in the plan year 2024 filing.
- Nibco Inc. Employee Stock Ownership Plan reported participants rose from 1,242 in the plan year 2023 filing to 1,370 in the plan year 2024 filing.
- Nibco Inc. Employee Stock Ownership Plan end-of-year assets rose from $365M in the plan year 2023 filing to $377M in the plan year 2024 filing.
Participants vs Indiana filers
In Indiana, the average filing covers about 555 participants across 2,178 plans. Nibco Inc. Employee Stock Ownership Plan reports 1,370 participants - 2.5x that state average ($377M EOY assets).
Indiana filing particulars
| Total Assets (Beginning of Year) | $365M |
|---|---|
| Net Assets (End of Year) | $364M |
| Net Income | $14M |
| Employer EIN | 350552560 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nibco Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,592 | $423M |
| 2023 | 2 | 2,768 | $490M |
| 2024 | 2 | 2,247 | $522M |
Nearby ESOP Plans in Indiana
Peer ESOP plans, same state, same plan type, ranked by total assets.
Nibco Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
- Jasper Holdings, Inc Employee Stock Ownership Plan and Trust $2.2B · 4,295
- Urschel Laboratories Employee Stock Ownership Plan $432M · 509
- Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan $170M · 622
- Ermco, Inc. Employee Stock Ownership Plan $151M · 123
- Superior Industrial Solutions, Inc. Employee Stock Ownership Plan $148M · 340
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Nibco Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Nibco Inc. Employee Stock Ownership Plan assets move in 2024? ▼
How have Nibco Inc. plan assets changed over time? ▼
Where does Nibco Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Nibco Inc. Employee Stock Ownership Plan? ▼
Next read for Nibco Inc. Employee Stock Ownership Plan
Filing takeaways
Ways to act on Nibco Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Nibco Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Indiana. Compare plans
- Nibco Inc.'s sponsor-wide assets have grown 23.4% since 2022 across 3 plan years on file. More Manufacturing plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 350552560.
Read our methodology - how this data is sourced, computed, and verified.