Money Purchase · DOL Form 5500 · 2024

Nippon Life Group Money Purchase Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
129
Participants Small participant base
75th
Percentile by assets National rank
$199,065
Avg per participant Above avg balance/head
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Official DOL plan name: Nippon Life Group Money Purchase Plan · Sponsored by Nippon Life Group · New York · Finance & Insurance

$26M in assets, 129 participants

Nippon Life Group's Nippon Life Group Money Purchase Plan reported $26M in total assets and 129 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,238 in Finance & Insurance (8,549 peers)

Coverage in New York

Nippon Life Group Money Purchase Plan covers 129 participants in New York, about 16% of the average New York filer (state average ~798 per filing). Assets: $26M.

#5,238
in Finance & Insurance (8,549 peers)
+14.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Nippon Life Group Money Purchase Plan's outsized position by total assets

Nippon Life Group Money Purchase Plan vs every filed plan by assets

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

$25,679,405 Top 25% higher than 75% 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 Money Purchase 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 Money Purchase 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 Money Purchase Plan end-of-year assets rose from $22M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Nippon Life Group Money Purchase Plan reported participants rose from 124 in the plan year 2023 filing to 129 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 042509896 · Nippon Life Group PY 2024 · Money Purchase

Nippon Life Group Money Purchase Plan · $26M · 129 · 75th

  • RANK $26M
  • RANK 129
  • RANK 75th
  • RANK Money Purchase
  • RANK near Comprehensive Healthcare Employee Pension Benefit Plan
  • RANK ind #5238

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 Money Purchase Plan in the asset neighbourhood

Nysa-Ila Medical and Clinical Services Fund Retirement Trust and PlanNysa-Ila Medical and Clinica…$26MSummit Country Day School Employee's Pension PlanSummit Country Day School Em…$26MNippon Life Group Money Purchase PlanNippon Life Group Money Purc…$26MComprehensive Healthcare Employee Pension Benefit PlanComprehensive Healthcare Emp…$26MRetirement Plan for Clerical and Maintenance Employees of the University of ScrantonRetirement Plan for Clerical…$26M
End-of-year total assets ($M) among Nippon Life Group Money Purchase Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$26M
Net Income$3M
Employer EIN042509896
Plan Effective Date2001-01-01
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
$26M 55.498543193381735% vs 2022
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $57.7M $25.7M ▼ -55.5%
Year Plans Participants Total Assets
2022 2 246 $58M
2023 1 124 $22M
2024 1 129 $26M

Nearby Money Purchase Plans in New York

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Nippon Life Group Money Purchase Plan vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Nippon Life Group Money Purchase Plan, Total assets ($B): 0.025679405 · Participants: 129Nippon Life Group Money Purchase PlanTiaa Retirement Plan, Total assets ($B): 5.903718286 · Participants: 11906Tiaa Retirement PlanYoung Men's Christian Association Retirement Fund Retirement Plan, Total assets ($B): 3.876243 · Participants: 47199Young Men's Christian Association Retirement Fund Retirement PlanMcKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan, Total assets ($B): 2.152151099 · Participants: 15274McKinsey & Company, Inc. (Mppp) Money Purchase Pension PlanBrookhaven Science Associates, LLC Retirement Plan, Total assets ($B): 1.539461125 · Participants: 2624Brookhaven Science Associates, LLC Retirement PlanIron Workers Locals 40, 361 & 417 Annuity Fund, Total assets ($B): 1.218944937 · Participants: 2357Iron Workers Locals 40, 361 & 417 Annuity Fund
Nippon Life Group Money Purchase Plan vs. nearby Money Purchase plans in New York, assets vs. participants

Nippon Life Group Money Purchase Plan's out-of-state Money Purchase peers by assets and headcount

Outside New York, the nearest Money Purchase by assets is Comprehensive Healthcare Employee Pension Benefit Plan in WA ($26M); by covered participants it is Boys & Girls Clubs of Broward County Pension Plan in FL (129 participants). Same-state nearby plans are listed separately above.

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 Money Purchase Plan assets move in 2024?
Nippon Life Group Money Purchase Plan grew at a solid clip - up 14.6% during 2024, from $22M to $26M. Reported net income was $3M.
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 declined 55.5%, from $58M to $26M.
Where does Nippon Life Group Money Purchase Plan rank by assets among Form 5500 filers?
Nippon Life Group Money Purchase Plan ranks in the 75th 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 Money Purchase plans are similar in size to Nippon Life Group Money Purchase Plan?
Among Money Purchase plans in other states, the closest by assets is Comprehensive Healthcare Employee Pension Benefit Plan in WA ($26M, 573 participants).
Which Money Purchase plans cover a similar participant headcount to Nippon Life Group Money Purchase Plan?
Among Money Purchase plans in other states, the closest by covered participants is Boys & Girls Clubs of Broward County Pension Plan in FL (129 participants, $8M in assets).