401(k) · DOL Form 5500 · 2024

Nibe Energy Systems, Inc. 401(k) Plan

Data updated 2026-08-11

$157M
Total assets
2,787
Participants
93rd
Percentile by assets
$56,480
Avg per participant
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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.

  • 93rd percentile by assets (of 123,622 plans)
  • #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.

$157M
total plan assets (2024 EOY)
2,787
covered participants
93rd
percentile by assets (of 123,622 plans)
$56,480
avg assets per participant

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 →

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Nibe USA 401(k) Retirement Plan reports 2,787 participants - 5.2x that state average ($157M EOY assets).

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.)

$100M$120M$140M$160M$180M 202220232024 $111M $157M ▲ +42.0%
Total plan assets by year, all Nibe Energy Systems, Inc. plans on file
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

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) Reti…The Lilly Employee 4…Elevance Health 401(…Cummins Retirement a…Iu Health 401(k) Sav…Steel Dynamics, Inc.…
Nibe USA 401(k) Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nibe USA 401(k) Retirement Plan by total assets, not by location.

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).

Filing takeaways

Ways to act on Nibe USA 401(k) Retirement Plan's numbers.