401(k) · DOL Form 5500 · 2024

Nippon Life Group 401(k) Plan

Data updated 2026-08-11

$51M
Total assets
129
Participants
84th
Percentile by assets
$398,103
Avg per participant
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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.

  • 84th percentile by assets (of 123,622 plans)
  • #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.

$51M
total plan assets (2024 EOY)
129
covered participants
84th
percentile by assets (of 123,622 plans)
$398,103
avg assets per participant

Where Nippon Life Group 401(k) Plan sits 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 $2,010,000,000 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

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 →

State

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Nippon Life Group 401(k) Plan reports 129 participants - about 16% of that state average ($51M EOY assets).

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)

$35M$40M$45M$50M$55M 202220232024 $38.6M $51.4M ▲ +33.2%
Total plan assets by year, all Nippon Life Group plans on file
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

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 40…IBM 401(k) PlanMorgan Stanley 401(k…Pfizer Savings PlanThe Pepsico Savings …The Goldman Sachs 40…
Nippon Life Group 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nippon Life Group 401(k) Plan by total assets, not by location.

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).

Filing takeaways

Ways to act on Nippon Life Group 401(k) Plan's numbers.