Department of Labor filing

NIMBUS BOATS USA LLC

NIMBUS BOATS USA 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 28, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

71filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$3,099

Reported employer contributions per active participant.

Higher than about 90% of comparable plans

#People in the filing

115

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$73 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 26% of comparable plans

↗Investment performance

Not available

Plan assets changed 83.7%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202471out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions90th percentileTypical peer $1,061 · based on 31 comparable plans

Lower reported administrative expense26th percentileTypical peer $10 · based on 31 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, NIMBUS BOATS USA LLC reported $356,381 in employer contributions across the plan and 115 active participants. That works out to $3,099 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy85%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 246.4%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 580.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context71/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $356,381
Participant contributions: $488,329
Other contributions: $282,733
Employer share of reported contributions: 42.2%
Beginning assets: $1,056,438
Ending assets: $1,940,752
Ending net assets: $1,940,752
Ending liabilities: $0
Total income: $1,307,573
Total expenses: $423,259
Administrative expenses: $13,132
Participant loans: $45,635

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2023

$895

2024

$3,099

Plan-paid administrative expenses per participant

2023

$11

2024

$73

Active participants

2023

160

2024

115

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,099	115	1.9M	20251028092049NAL0004571507001
2023	$895	160	1.1M	20251110135040NAL0006065426001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.4%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 371964185-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2023
Industry: Industry not reported
Amended filing: Yes
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
DIMENSIONAL FUND ADVISORS	2024	Not reported	unknown
DODGE & COX INC., DISTRIBUTOR	2024	Not reported	unknown
FIDELITY DISTRIBUTORS CORP.	2024	Not reported	unknown
FRANKLIN TEMPLETON DISTRIBUTORS, IN	2024	Not reported	unknown
VANGUARD	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251028092049NAL0004571507001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗