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, Nitto 401(K) Retirement Plan is a benefit plan reported by Nitto Americas Inc. under EIN 13-2623346 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,827 participants and $222,677,507 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $222,677,507
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $222,677,507
- Net assets (BOY)
- $205,459,984
Income & contributions
- Employer contributions
- $6,422,015
- Participant contributions
- $15,688,914
- Total contributions
- $23,025,320
- Total income / additions
- $55,507,784
Expenses & distributions
- Benefits paid
- $23,756,127
- Administrative expenses
- $346,541
- Total expenses
- $24,177,282
- Net increase / (decrease)
- $31,330,502