401(k) · DOL Form 5500 · 2024

Nibe Energy Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$157M
Total assets Near avg plan size
2,787
Participants Above avg headcount
93rd
Percentile by assets National rank
$56,480
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nibe USA 401(k) Retirement Plan · Sponsored by Nibe Energy Systems, Inc. · Indiana · Management of Enterprises

$157M in assets, 2,787 participants

Nibe Energy Systems, Inc.'s Nibe USA 401(k) Retirement Plan reported $157M in total assets and 2,787 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.

  • #920 in Management of Enterprises (1,133 peers)

Coverage in Indiana

Nibe USA 401(k) Retirement Plan covers 2,787 participants in Indiana, 5.2x the typical Indiana plan (state average ~541 per filing). Assets: $157M.

#920
in Management of Enterprises (1,133 peers)
+13.3%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Nibe USA 401(k) Retirement Plan's outsized position by total assets

Nibe USA 401(k) Retirement Plan vs every filed plan by assets

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

$157,410,203 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

Nibe USA 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nibe USA 401(k) Retirement Plan lands in the large band (2,787 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nibe USA 401(k) Retirement Plan end-of-year assets rose from $139M in the plan year 2023 filing to $157M in the plan year 2024 filing.
  • Nibe USA 401(k) Retirement Plan reported net income fell from $21M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Nibe USA 401(k) Retirement Plan reported participants fell from 2,839 in the plan year 2023 filing to 2,787 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 990368191 · Nibe Energy Systems, Inc. PY 2024 · 401(k)

Nibe USA 401(k) Retirement Plan · $157M · 2,787 · 93rd

  • PART $157M
  • PART 2,787
  • PART 93rd
  • PART 401(k)
  • PART near Pacific Office Automation Capital Accumulation Plan
  • PART ind #920

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 Management of Enterprises retirement plans → · Plans in Indiana →

Nibe USA 401(k) Retirement Plan in the asset neighbourhood

The H & K Group 401(k) Plan$157MNibe USA 401(k) Retirement PlanNibe USA 401(k) Retirement P…$157MPacific Office Automation Capital Accumulation PlanPacific Office Automation Ca…$157MNew Era 401(k) Plan$157MCore Laboratories Profit Sharing and Retirement PlanCore Laboratories Profit Sha…$157M
End-of-year total assets ($M) among Nibe USA 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$139M
Net Assets (End of Year)$157M
Net Income$18M
Employer EIN990368191
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nibe Energy Systems, Inc.)

Sponsor-wide plan assets over time

All Nibe Energy Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$157M 42.04239739464566% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $111M $157M ▲ +42.0%
Year Plans Participants Total Assets
2022 1 2,367 $111M
2023 1 2,839 $139M
2024 1 2,787 $157M

Nearby 401(k) Plans in Indiana

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

Nibe USA 401(k) Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Nibe USA 401(k) Retirement Plan, Total assets ($B): 0.157410203 · Participants: 2787Nibe USA 401(k) Retirement 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
Nibe USA 401(k) Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Nibe USA 401(k) Retirement Plan side-by-side with 3 peers →

Nibe USA 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Pacific Office Automation Capital Accumulation Plan in OR ($157M); by covered participants it is Priority Life Care 401(k) Savings Plan in OH (2,788 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($157M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,787 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 Nibe USA 401(k) Retirement Plan assets move in 2024? ▼
Nibe USA 401(k) Retirement Plan grew at a solid clip - up 13.3% during 2024, from $139M to $157M. Reported net income was $18M.
How have Nibe Energy Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nibe Energy Systems, Inc.'s sponsor-wide assets grew 42.0%, from $111M to $157M.
Where does Nibe USA 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Nibe USA 401(k) Retirement 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 Nibe USA 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pacific Office Automation Capital Accumulation Plan in OR ($157M, 1,296 participants).
Which 401(k) plans cover a similar participant headcount to Nibe USA 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Priority Life Care 401(k) Savings Plan in OH (2,788 participants, $239K 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 990368191.

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.