Defined Benefit (Pension) · DOL Form 5500 · 2024

Nexans Energy USA Inc. Pension Plan

Data updated 2026-07-24

$7M
Total assets
N/A
Participants
48th
Percentile by assets
PlainRetire home → About this data

Official DOL plan name: Nexans Energy USA Inc. Hourly Pension Plan-Chester · Sponsored by Nexans Energy USA Inc. · South Carolina · Manufacturing

$7M in assets, N/A participants

Nexans Energy USA Inc.'s Nexans Energy USA Inc. Hourly Pension Plan-Chester reported $7M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.

  • 48th percentile by assets (of 116,472 plans)

What the 2024 filing shows

Nexans Energy USA Inc. Hourly Pension Plan-Chester holds $7M for N/A participants, in the lower half of filed plans by assets.

$7M
total plan assets (2024 EOY)
N/A
covered participants
48th
percentile by assets (of 116,472 plans)
+2.8%
assets growth YoY

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nexans Energy USA Inc. Hourly Pension Plan-Chester reported net income rose from -$19K in the plan year 2023 filing to $187K in the plan year 2024 filing.
  • Nexans Energy USA Inc. Hourly Pension Plan-Chester end-of-year assets rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Defined Benefit (Pension) filing for Nexans Energy USA Inc. Hourly Pension Plan-Chester

Defined Benefit (Pension) filing for plan year 2024: EIN 561677808 ; effective since 1962-11-25 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income$187K
Employer EIN561677808
Plan Effective Date1962-11-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexans Energy USA Inc.)

$6.7M$6.8M$6.9M$7M 202220232024 $6.76M $6.93M ▲ +2.5%
Total plan assets by year, all Nexans Energy USA Inc. plans on file
Year Plans Participants Total Assets
2022 1 N/A $7M
2023 1 N/A $7M
2024 1 N/A $7M

Nearby Defined Benefit (Pension) Plans in South Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Nexans Energy USA Inc. Hourly Pension Plan-Chester vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants

Nexans Energy USA Inc. Hourly Pension Plan-Chester vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -101234 Total assets ($B) Participants Nexans Energy USA In…The Savannah River N…Non-Contributory Ret…Kennametal Inc. Reti…Nelson Mullins Riley…Devro Employees Pens…
Nexans Energy USA Inc. Hourly Pension Plan-Chester vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Nexans Energy USA Inc. Hourly Pension Plan-Chester by total assets, not by location.

Frequently Asked Questions

How did Nexans Energy USA Inc. Hourly Pension Plan-Chester assets move in 2024?
Nexans Energy USA Inc. Hourly Pension Plan-Chester edged up modestly - up 2.8% during 2024, from $7M to $7M. Reported net income was $187K.
How have Nexans Energy USA Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nexans Energy USA Inc.'s sponsor-wide assets grew 2.5%, from $7M to $7M.
Which Defined Benefit (Pension) plans are similar in size to Nexans Energy USA Inc. Hourly Pension Plan-Chester?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Advanced Cardiology Center Defined Benefit Pension Plan in CA ($7M, 3 participants).

Next read for Nexans Energy USA Inc. Hourly Pension Pl…

Filing takeaways

Ways to act on Nexans Energy USA Inc. Hourly Pension Plan-Chester's numbers.

  • By total assets, Nexans Energy USA Inc. Hourly Pension Plan-Chester ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in South Carolina. Compare plans
  • Nexans Energy USA Inc.'s sponsor-wide assets have grown 2.5% 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 561677808.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.