401(k)
2024 plan-year 401(k) DOL Form 5500

Nilit America Inc 401(k) Profit Sharing Plan & Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Nilit America Inc · Virginia · Wholesale Trade

What the 2023 filing shows

Nilit America Inc 401(k) Profit Sharing Plan & Trust holds $4M for 129 participants — about $33,806 per participant, down 1.3% over the 2024 plan year.

$4M
total plan assets (2024 EOY)
129
covered participants
$33,806
avg assets per participant
-1.3%
assets change YoY

The plan reported a net loss of $58K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$4M
Participants
129
State
Industry
Wholesale Trade

What the Filing Says About Nilit America Inc 401(k) Profit Sharing Plan & Trust

Nilit America Inc 401(k) Profit Sharing Plan & Trust is a 401(k) retirement plan sponsored by Nilit America Inc, headquartered in Virginia. As of the 2024 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 129 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 132767050, and the plan has been effective since 2000-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2024 to $4M at year-end — a decline of 1.3%. Net assets (after liabilities) closed the year at $4M, with reported net income of $-58,029 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$4M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$-58,029
Plan Type401(k)
Employer EIN132767050
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nilit America Inc)

Year Plans Participants Total Assets
2022 1 115 $5M
2023 1 143 $4M
2024 1 129 $4M

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Frequently Asked Questions

How much money is in the Nilit America Inc 401(k) Profit Sharing Plan & Trust?
As of the 2024 Form 5500 filing, Nilit America Inc 401(k) Profit Sharing Plan & Trust holds $4M in total assets with 129 participants. It is sponsored by Nilit America Inc.
What type of plan is Nilit America Inc 401(k) Profit Sharing Plan & Trust?
Nilit America Inc 401(k) Profit Sharing Plan & Trust is a 401(k) plan. It has been effective since 2000-01-01. The plan is filed with the U.S. Department of Labor under EIN 132767050.
Who sponsors the Nilit America Inc 401(k) Profit Sharing Plan & Trust?
Nilit America Inc 401(k) Profit Sharing Plan & Trust is sponsored by Nilit America Inc, located in Virginia. The sponsor's EIN is 132767050 and the plan operates in the Wholesale Trade industry.
How did Nilit America Inc 401(k) Profit Sharing Plan & Trust perform in 2024?
Nilit America Inc 401(k) Profit Sharing Plan & Trust declined by 1.3% during 2024, moving from $4M to $4M in total assets. Net income was $-58,029.
Where can I find official filings for Nilit America Inc 401(k) Profit Sharing Plan & Trust?
Official Form 5500 filings for Nilit America Inc 401(k) Profit Sharing Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 132767050 or plan name at efast.dol.gov.
How does Nilit America Inc 401(k) Profit Sharing Plan & Trust compare to other plans?
You can compare Nilit America Inc 401(k) Profit Sharing Plan & Trust against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 132767050.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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