401(k) · DOL Form 5500 · 2024

Nippon Life Group 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
129
Participants Small participant base
84th
Percentile by assets National rank
$398,103
Avg per participant High balance/head
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Official DOL plan name: Nippon Life Group 401(k) Plan · Sponsored by Nippon Life Group · New York · Finance & Insurance

$51M in assets, 129 participants

Nippon Life Group's Nippon Life Group 401(k) Plan reported $51M in total assets and 129 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,492 in Finance & Insurance (8,549 peers)

Coverage in New York

Nippon Life Group 401(k) Plan covers 129 participants in New York, about 16% of the average New York filer (state average ~798 per filing). Assets: $51M.

#6,492
in Finance & Insurance (8,549 peers)
+15.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Nippon Life Group 401(k) Plan's outsized position by total assets

Nippon Life Group 401(k) Plan vs every filed plan by assets

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

$51,355,332 Top 16% higher than 84% 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

Nippon Life Group 401(k) 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. Nippon Life Group 401(k) Plan sits mid-pack in the medium band (129 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nippon Life Group 401(k) Plan reported net income rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Nippon Life Group 401(k) Plan end-of-year assets rose from $44M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • Nippon Life Group 401(k) Plan reported participants rose from 125 in the plan year 2023 filing to 129 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 133398996 · Nippon Life Group PY 2024 · 401(k)

Nippon Life Group 401(k) Plan · $51M · 129 · 84th

  • VS-ST $51M
  • BOY 129
  • SCH 84th
  • EBSA 401(k)
  • PART near Ascend Federal Credit Union Cash or Deferred Compensation Plan
  • TYPE ind #6492

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 Finance & Insurance retirement plans → · Plans in New York →

Nippon Life Group 401(k) Plan in the asset neighbourhood

Nippon Life Group 401(k) Plan$51MAscend Federal Credit Union Cash or Deferred Compensation PlanAscend Federal Credit Union …$51MAaa Oregon/Idaho Qualified Employee Savings PlanAaa Oregon/Idaho Qualified E…$51MWest Liberty Foods, L.L.C. Employee Savings PlanWest Liberty Foods, L.L.C. E…$51MTaurus Industrial Group 401(k) Savings PlanTaurus Industrial Group 401(…$51M
End-of-year total assets ($M) among Nippon Life Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$51M
Net Income$7M
Employer EIN133398996
Plan Effective Date1991-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nippon Life Group)

Sponsor-wide plan assets over time

All Nippon Life Group plans reported in each filing year

Latest sponsor-wide plan assets
$51M 33.1663934640474% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.6M $51.4M ▲ +33.2%
Year Plans Participants Total Assets
2022 1 123 $39M
2023 1 125 $44M
2024 1 129 $51M

Nearby 401(k) Plans in New York

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

Nippon Life Group 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Nippon Life Group 401(k) Plan, Total assets ($B): 0.051355332 · Participants: 129Nippon Life Group 401(k) PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Nippon Life Group 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Nippon Life Group 401(k) Plan side-by-side with 3 peers →

Nippon Life Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Ascend Federal Credit Union Cash or Deferred Compensation Plan in TN ($51M); by covered participants it is Howard's Appliances 401(k) Plan in CA (129 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (129 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 Nippon Life Group 401(k) Plan assets move in 2024? ▼
Nippon Life Group 401(k) Plan grew sharply - up 15.7% during 2024, from $44M to $51M. Reported net income was $7M.
How have Nippon Life Group plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nippon Life Group's sponsor-wide assets grew 33.2%, from $39M to $51M.
Where does Nippon Life Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Nippon Life Group 401(k) Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nippon Life Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ascend Federal Credit Union Cash or Deferred Compensation Plan in TN ($51M, 620 participants).
Which 401(k) plans cover a similar participant headcount to Nippon Life Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Howard's Appliances 401(k) Plan in CA (129 participants, $1M 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 133398996.

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.