Nibco Inc.ESOP
NIBCO INC. EMPLOYEE STOCK OWNERSHIP PLAN · ELKHART, IN · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Nibco Inc. reported $132,337 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,883 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio fell from 0.10% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 47th-largest of 1,562 plans among Indiana employers on file, and the 730th of 13,661 in manufacturing. active participation has grown from 1,235 to 1,452 since 2022.
Nibco Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 350552560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.