Nipro Medical 401(k) match, vesting and fees
What Nipro Medical'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 | Empower Annuity Ins Co of America | Schedule C ↗ |
| Independent auditor | Caron Bletzer (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| Nipro Medical: employer contribution per participant | $5,665 | |
| Peer median | $1,988 |
| Nipro Medical: average balance | $122,710 | |
| Peer median | $75,431 |
| Nipro Medical: admin expenses ÷ assets | 0.19% | |
| Peer median | 0.31% |
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 $11.8M at the end of plan year 2021 to $17.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 143 | $17.5M | $810K | $5,665 | 0.19% | Not published | Form 5500 ↗ |
| 2023 | 119 | $14M | $637K | $5,351 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 156 | $10.9M | $535K | $5,299 | 0.02% | Not published | Form 5500 ↗ |
| 2021 | 148 | $11.8M | $420K | $4,511 | 0.02% | Not published | 5500-SF ↗ |
Common questions
Does Nipro Medical match 401(k) contributions?
The match terms for the Nipro Medical Corp. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $810K in employer contributions, about $5,665 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Nipro Medical 401(k) match vested?
The vesting schedule for the Nipro Medical Corp. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Nipro Medical 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Ins Co of America. The plan administrator is Nipro Medical Corporation.
I left Nipro Medical. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Nipro Medical Corporation, (305) 599-7174) or the recordkeeper, Empower Annuity Ins Co of America. The Nipro Medical old 401(k) page lists the contacts from every plan filing. Find an old Nipro Medical 401(k)
Data from the public Form 5500 annual reports Nipro Medical 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 Nipro Medical. Not financial advice. Report a correction · Methodology