Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Nichols Portland, Inc. 401(k) Savings Plan

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

Sponsored by Nichols Portland, Inc. · Pennsylvania · Manufacturing

What the 2023 filing shows

Nichols Portland, Inc. 401(k) Savings Plan holds $41M for 697 participants — about $58,246 per participant, up 107.3% over the 2024 plan year.

$41M
total plan assets (2024 EOY)
697
covered participants
$58,246
avg assets per participant
+107.3%
assets growth YoY
Total Assets (2023)
$41M
Participants
697
State
Industry
Manufacturing

What the Filing Says About Nichols Portland, Inc. 401(k) Savings Plan

Nichols Portland, Inc. 401(k) Savings Plan is a Profit Sharing retirement plan sponsored by Nichols Portland, Inc., headquartered in Pennsylvania. As of the 2024 Form 5500 filing, the plan reports $41M in total end-of-year assets and covers 697 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 811497658, and the plan has been effective since 1993-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $20M at the beginning of 2024 to $41M at year-end — a gain of 107.3%. Net assets (after liabilities) closed the year at $41M, with reported net income of $5M 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)$20M
Total Assets (End of Year)$41M
Net Assets (End of Year)$41M
Net Income$5M
Plan TypeProfit Sharing
Employer EIN811497658
Plan Effective Date1993-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nichols Portland, Inc.)

Year Plans Participants Total Assets
2022 1 300 $13M
2023 1 312 N/A
2024 1 697 $41M

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Frequently Asked Questions

How much money is in the Nichols Portland, Inc. 401(k) Savings Plan?
As of the 2024 Form 5500 filing, Nichols Portland, Inc. 401(k) Savings Plan holds $41M in total assets with 697 participants. It is sponsored by Nichols Portland, Inc..
What type of plan is Nichols Portland, Inc. 401(k) Savings Plan?
Nichols Portland, Inc. 401(k) Savings Plan is a Profit Sharing plan. It has been effective since 1993-06-01. The plan is filed with the U.S. Department of Labor under EIN 811497658.
Who sponsors the Nichols Portland, Inc. 401(k) Savings Plan?
Nichols Portland, Inc. 401(k) Savings Plan is sponsored by Nichols Portland, Inc., located in Pennsylvania. The sponsor's EIN is 811497658 and the plan operates in the Manufacturing industry.
How did Nichols Portland, Inc. 401(k) Savings Plan perform in 2024?
Nichols Portland, Inc. 401(k) Savings Plan grew by 107.3% during 2024, moving from $20M to $41M in total assets. Net income was $5M.
Where can I find official filings for Nichols Portland, Inc. 401(k) Savings Plan?
Official Form 5500 filings for Nichols Portland, Inc. 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 811497658 or plan name at efast.dol.gov.
How does Nichols Portland, Inc. 401(k) Savings Plan compare to other plans?
You can compare Nichols Portland, Inc. 401(k) Savings Plan against other Profit Sharing plans on the plan type page, or view plans in Pennsylvania 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 811497658.

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.