2023 Form 5500 filing — Nitto 401(K) Retirement Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20250103183730NAL0006639472001) for Nitto 401(K) Retirement Plan, reported by Nitto Americas Inc. under EIN 13-2623346 and plan number 001. It reports 2,827 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250103183730NAL0006639472001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nitto Americas Inc.
- EIN
- 13-2623346
- Plan number
- 001
- Location
- Teaneck, NJ
- Participants
- 2,827
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $222,677,507
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $222,677,507
- Employer contributions
- $6,422,015
- Participant contributions
- $15,688,914
- Total income / additions
- $55,507,784
- Benefits paid
- $23,756,127
- Administrative expenses
- $346,541
- Total expenses
- $24,177,282
- Net increase / (decrease)
- $31,330,502
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Prudential Retirement Insurance And | NONE | $238,901 | $0 |
| Ubs Financial Services, Inc. | NONE | $61,702 | not reported in the loaded dataset |
| Marksnelson LLC | NONE | $41,500 | not reported in the loaded dataset |