Defined Benefit (Pension) · DOL Form 5500 · 2024
Nidec Minster Corporation Pension Plan
Data updated 2026-08-25
- $53M
- Total assets Below avg plan size
- 65
- Participants Small participant base
- 85th
- Percentile by assets National rank
- $811,782
- Avg per participant High balance/head
Official DOL plan name: Nidec Minster Corporation Consolidated Pension Trust · Sponsored by Nidec Minster Corporation · Ohio · Manufacturing
$53M in assets, 65 participants
Nidec Minster Corporation's Nidec Minster Corporation Consolidated Pension Trust reported $53M in total assets and 65 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- #13,906 in Manufacturing (17,777 peers)
Where Nidec Minster Corporation Consolidated Pension Trust sits by assets
Nidec Minster Corporation Consolidated Pension Trust sits in the top quartile of all filed plans by assets, $53M for 65 participants (~$811,782/participant), down 17.0% in 2024.
- #13,906
- in Manufacturing (17,777 peers)
- -17.0%
- assets change YoY
- 0.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Nidec Minster Corporation Consolidated Pension Trust's outsized position by total assets
Nidec Minster Corporation Consolidated Pension Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$52,765,852 Top 15% higher than 85% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Nidec Minster Corporation Consolidated Pension Trust among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nidec Minster Corporation Consolidated Pension Trust is a small filing (65 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Nidec Minster Corporation Consolidated Pension Trust reported net income fell from -$2M in the plan year 2023 filing to -$11M in the plan year 2024 filing.
- Nidec Minster Corporation Consolidated Pension Trust reported participants fell from 79 in the plan year 2023 filing to 65 in the plan year 2024 filing.
- Nidec Minster Corporation Consolidated Pension Trust end-of-year assets fell from $64M in the plan year 2023 filing to $53M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 344306440 · Nidec Minster Corporation PY 2024 · Defined Benefit (Pension)
Nidec Minster Corporation Consolidated Pension Trust · $53M · 65 · 85th
- NET $53M
- BOOK 65
- VS-ST 85th
- BOY Defined Benefit (Pension)
- SCH near I.B.E.W. Local 139 Pension Plan
- EBSA ind #13906
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 Manufacturing retirement plans → · Plans in Ohio →
Nidec Minster Corporation Consolidated Pension Trust in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $64M |
|---|---|
| Net Assets (End of Year) | $53M |
| Net Income | -$11M |
| Employer EIN | 344306440 |
| Plan Effective Date | 1962-09-24 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nidec Minster Corporation)
Sponsor-wide plan assets over time
All Nidec Minster Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $53M 19.493588442612023% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 92 | $66M |
| 2023 | 1 | 79 | $64M |
| 2024 | 1 | 65 | $53M |
Nearby Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- GE Aerospace Pension Plan $19.0B · 9,637
- Firstenergy Corp. Master Pension Plan $6.5B · 12,187
- American Electric Power System Retirement Plan $4.1B · 16,073
- Ohio Operating Engineers Pension Plan $3.9B · 10,387
- Parker Defined Benefit Pension Plan $3.5B · 8,120
Nidec Minster Corporation Consolidated Pension Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Ohio, the nearest Defined Benefit (Pension) by assets is I.B.E.W. Local 139 Pension Plan in NY ($53M); by covered participants it is Retirement Plan for Employees of Cascade Utilities Inc. and Affiliated Companies in OR (65 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($53M here).
- I.B.E.W. Local 139 Pension Plan (NY) $53M · 215
- Nysa-Ppgu Pension Fund & Plan (NJ) $53M · 198
- Security Benefit Associates Pension Plan (KS) $53M · 140
- The Legal Aid Society Retirement Plan (NY) $53M · 67
Similar participant headcount
Nearest other-state filings by covered participants (65 participants); asset peers above are excluded.
- Retirement Plan for Employees of Cascade Utilities Inc. and Affiliated Companies (OR) 65 · 0 off
- Pfeiffer Vacuum, Inc. Pension Plan (NH) 65 · 0 off
- Calgon Carbon Corporation Pension Plan for Hourly-Rated Employees Big Sandy Plant (PA) 65 · 0 off
- Foremost Farms USA Hourly Employees Pension Plan (WI) 65 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.