Nidec Motor pension plans

Nidec Motor Corporation, ST. Louis, MO. EIN 27-3330722. Annual reports 2009–2024. Also filed as Kato Engineering, Inc; Nidec Corporation; Nidec Motor Co the Imperial Electric Co.

Nidec Motor Corporation has one active retirement plan on file, the Nidec Retirement Plan, with 787 participants and $31.9 million in assets in 2024. Principal has been its administrator since 2016.

Active plans
1
Participants
787
Plan assets
$31.9 million
Administered by
Principal
Plans on file
2
Industry
Manufacturing

All 2 plans

Active plans first

Nidec Retirement Plan

Pension (defined benefit)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
003Employer EIN 27-3330722
Participants (2024)
787
Net assets (2024)
$31.9 million
Administered by
Principal2016–2024
Plan administrator
Nidec Motor Corporation
8050 West Florissant Ave
ST. Louis, MO 63136
(314) 595-8000As filed for 2024
In effect since
April 8, 1998

Earlier sponsor: Kato Engineering, Inc (2009–2015).

Earlier plan names: Pension Plan for Kato Engineering Inc. Employee Members of International Brotherhood of Electrical Workers Local 1999.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
2024787$31.9 millionPrincipal
2023791$33.1 millionPrincipal
2022800$30.0 millionPrincipal
2021807$30.7 millionPrincipal
2020821$39.6 millionPrincipal
2019848$37.8 millionPrincipal
2018839$34.9 millionPrincipal
2017849$30.4 millionPrincipal
2016892$23.5 millionPrincipal
2015480$21.8 millionnot listed
2014484$20.0 millionnot listed
2013525$21.2 millionnot listed
2012537$19.6 millionnot listed
2011523$16.3 millionnot listed
2010455$13.7 millionnot listed
2009434$12.3 millionnot listed

Imperial Electric Co Ee MP Benefit Plan

Money purchase pensionMergedUnion (multiemployer)

Merged. In 2024 its assets moved to the Nidec Motor Corporation Employee Savings Investment Plan, sponsored by Nidec Motor Corporation (EIN 27-3330722, plan 001). Accounts moved with them, so that plan is the one to contact.

Plan number
002Employer EIN 27-3330722
Participants (2023)
5,770
Net assets (2023)
$552 million
Recordkeeper
Vanguard2010–2023
Plan administrator
Nidec Motor Co the Imperial Electric Co
11380 White Rock Road
Rancho Cordova, CA 95742
(916) 463-9259As filed for 2024
In effect since
January 1, 1959

Plans merged into this one: Kinetek Industries, Inc. 401K Plan (2015); Imperial Electric Co Ee MP Benefit Plan (2024); Nidec Minster Corporation 401(k) Retirement Savings Plan (2018).

Earlier sponsors: Nidec Corporation (2010–2011); Nidec Motor Corporation (2012–2023).

Earlier plan names: Nidec Motor Corporation Employee Savings Investment Plan; Nidec Motor Corporation Retirement Savings Plan.

Year by year, 2010 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20240$0not listed
20235,770$552 millionVanguard
20225,356$466 millionVanguard
20215,087$560 millionVanguard
20205,042$510 millionVanguard
20195,404$435 millionVanguard
20184,687$313 millionVanguard
20173,833$314 millionVanguard
20162,745$248 millionVanguard
2015912$201 millionVanguard
2014727$158 millionVanguard
2013723$19.9 millionVanguard
2012705$116 millionVanguard
2011702$99.0 millionVanguard
2010710$90.2 millionVanguard

If you had money in one of these plans

  1. Call Principal (principal.com), which runs the Nidec Retirement Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((314) 595-8000). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
  4. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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