Nfi Industries 401(k) match, vesting and fees
What Nfi Industries' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 53 defined-contribution plans in transportation and warehousing with 5,000 to 9,999 participants.
| Nfi Industries: employer contribution per participant | $2,217 | |
| Peer median | $2,217 |
| Nfi Industries: average balance | $44,340 | |
| Peer median | $65,929 |
| Nfi Industries: admin expenses ÷ assets | 0.22% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $245M at the end of plan year 2023 to $299M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 16,688 | $299M | $15M | $2,217 | 0.22% | Not published | Form 5500 ↗ |
| 2023 | 15,930 | $245M | $13.2M | $2,190 | 0.24% | Not published | Form 5500 ↗ |
Common questions
Does Nfi Industries match 401(k) contributions?
The match terms for the Nfi Industries, Inc. Employee Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $15M in employer contributions, about $2,217 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Nfi Industries 401(k) match vested?
The vesting schedule for the Nfi Industries, Inc. Employee Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Nfi Industries 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Nfi Industries, Inc..
I left Nfi Industries. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Nfi Industries, Inc., (877) 696-3409) or the recordkeeper, Principal Life Insurance Company. The Nfi Industries old 401(k) page lists the contacts from every plan filing. Find an old Nfi Industries 401(k)
Data from the public Form 5500 annual reports Nfi Industries filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Nfi Industries. Not financial advice. Report a correction · Methodology