Nifco America Corporation Savings Retirement Plan — Form 5500 plan (Nifco America Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Nifco America Corporation Savings Retirement Plan is a benefit plan reported by Nifco America Corporation under EIN 31-1464402 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,390 participants and $39,477,678 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$39.5MPlan net assets, end of year$39,477,678
Participants1.4KCovered participants reported1,390
Assets / participant$28.4KComputed: assets ÷ participants$28,401 (computed)
Provider compensation$71.2K2 Schedule C provider row(s)$71,175
- Plan sponsor
- Nifco America Corporation
- EIN
- 31-1464402
- Plan number
- 001
- Plan type
- 2
- Location
- Canal Wnchstr, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,390 | H, C | 20241021104028NAL0000822371001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$39.5M total assets
Net assets$39.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $39,477,678
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $39,477,678
- Net assets (BOY)
- $32,595,807
Income & contributions
- Employer contributions
- $1,006,447
- Participant contributions
- $3,108,765
- Total contributions
- $4,251,082
- Total income / additions
- $10,208,538
Expenses & distributions
- Benefits paid
- $3,233,390
- Administrative expenses
- $71,175
- Total expenses
- $3,326,667
- Net increase / (decrease)
- $6,881,871
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
24%76%
Employer 24%Participant 76%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $51,939 | $0 | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $19,236 | not reported in the loaded dataset | 2023 |