Nippon Life Group 401(k) match, vesting and fees
What Nippon Life Group's 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 | Jlk Rosenberger, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2022 medians for 3,338 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Nippon Life Group: employer contribution per participant | $4,365 | |
| Peer median | $2,586 |
| Nippon Life Group: average balance | $217,880 | |
| Peer median | $74,877 |
| Nippon Life Group: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.21% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $38.6M at the end of plan year 2022.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2022 | 179 | $38.6M | $773K | $4,365 | 0.18% | Not published | Form 5500 ↗ |
Other Nippon Life Group plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Nippon Life Group Money Purchase Plan
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 | Jlk Rosenberger, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Nippon Life Group match 401(k) contributions?
The match terms for the Nippon Life Group 401(k) Plan have not been published from its filing yet. The plan year 2022 filing reports $773K in employer contributions, about $4,365 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Nippon Life Group 401(k) match vested?
The vesting schedule for the Nippon Life Group 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Nippon Life Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2022 filing is Principal Life Insurance Company. The plan administrator is Nippon Life Group.
I left Nippon Life Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Nippon Life Group, (212) 909-0773) or the recordkeeper, Principal Life Insurance Company. The Nippon Life Group old 401(k) page lists the contacts from every plan filing. Find an old Nippon Life Group 401(k)
Data from the public Form 5500 annual reports Nippon Life Group filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Nippon Life Group. Not financial advice. Report a correction · Methodology