401(k) · DOL Form 5500 · 2024

Nibco Inc. 401(k) Plan

Data updated 2026-08-25

$145M
Total assets Near avg plan size
877
Participants Near avg headcount
93rd
Percentile by assets National rank
$165,056
Avg per participant Above avg balance/head
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Official DOL plan name: Nibco Inc. Profit Sharing & 401(k) Savings Plan · Sponsored by Nibco Inc. · Indiana · Manufacturing

$145M in assets, 877 participants

Nibco Inc.'s Nibco Inc. Profit Sharing & 401(k) Savings Plan reported $145M in total assets and 877 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #15,829 in Manufacturing (17,777 peers)

Where Nibco Inc. Profit Sharing & 401(k) Savings Plan sits by assets

Nibco Inc. Profit Sharing & 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $145M for 877 participants (~$165,056/participant), up 15.2% in 2024.

#15,829
in Manufacturing (17,777 peers)
+15.2%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Nibco Inc. Profit Sharing & 401(k) Savings Plan's outsized position by total assets

Nibco Inc. Profit Sharing & 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$144,754,035 Top 7% higher than 93% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Nibco Inc. Profit Sharing & 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nibco Inc. Profit Sharing & 401(k) Savings Plan sits mid-pack in the medium band (877 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nibco Inc. Profit Sharing & 401(k) Savings Plan reported participants fell from 1,526 in the plan year 2023 filing to 877 in the plan year 2024 filing.
  • Nibco Inc. Profit Sharing & 401(k) Savings Plan end-of-year assets rose from $126M in the plan year 2023 filing to $145M in the plan year 2024 filing.
  • Nibco Inc. Profit Sharing & 401(k) Savings Plan reported net income rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 350552560 · Nibco Inc. PY 2024 · 401(k)

Nibco Inc. Profit Sharing & 401(k) Savings Plan · $145M · 877 · 93rd

  • EBSA $145M
  • PART 877
  • TYPE 93rd
  • NET 401(k)
  • BOOK near Open Pep 2
  • VS-ST ind #15829

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 Indiana →

Nibco Inc. Profit Sharing & 401(k) Savings Plan in the asset neighbourhood

Open Pep 2$145MNibco Inc. Profit Sharing & 401(k) Savings PlanNibco Inc. Profit Sharing & …$145MConsulting Radiologists, Ltd. 401(k) Profit Sharing PlanConsulting Radiologists, Ltd…$145MFederal Home Loan Bank of Des Moines 401(k) Savings PlanFederal Home Loan Bank of De…$145MEa Engineering, Science, and Technology, Inc., Pbc Savings and Retirement PlanEa Engineering, Science, and…$145M
End-of-year total assets ($M) among Nibco Inc. Profit Sharing & 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$126M
Net Assets (End of Year)$145M
Net Income$8M
Employer EIN350552560
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nibco Inc.)

Sponsor-wide plan assets over time

All Nibco Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$522M 23.401308457715643% vs 2022
2024 filing year
$400M$450M$500M$550M 202220232024 $423M $522M ▲ +23.4%
Year Plans Participants Total Assets
2022 2 2,592 $423M
2023 2 2,768 $490M
2024 2 2,247 $522M

Nearby 401(k) Plans in Indiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Nibco Inc. Profit Sharing & 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Nibco Inc. Profit Sharing & 401(k) Savings Plan, Total assets ($B): 0.144754035 · Participants: 877Nibco Inc. Profit Sharing & 401(k) Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Nibco Inc. Profit Sharing & 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Nibco Inc. Profit Sharing & 401(k) Savings Plan side-by-side with 3 peers →

Nibco Inc. Profit Sharing & 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Open Pep 2 in NJ ($145M); by covered participants it is New Vista Behavioral Healthcare, Inc. 401(k) Plan in KY (877 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (877 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nibco Inc. Profit Sharing & 401(k) Savings Plan assets move in 2024? ▼
Nibco Inc. Profit Sharing & 401(k) Savings Plan grew sharply - up 15.2% during 2024, from $126M to $145M. Reported net income was $8M.
How have Nibco Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nibco Inc.'s sponsor-wide assets grew 23.4%, from $423M to $522M.
Where does Nibco Inc. Profit Sharing & 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Nibco Inc. Profit Sharing & 401(k) Savings Plan ranks in the 93rd 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 Nibco Inc. Profit Sharing & 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Open Pep 2 in NJ ($145M, 2,930 participants).
Which 401(k) plans cover a similar participant headcount to Nibco Inc. Profit Sharing & 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is New Vista Behavioral Healthcare, Inc. 401(k) Plan in KY (877 participants, $10M in assets).

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.

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