401(k) · DOL Form 5500 · 2022

Nordic Fiberglass, Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
112
Participants Small participant base
83rd
Percentile by assets National rank
$264,088
Avg per participant High balance/head
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Official DOL plan name: Nordic Fiberglass Inc. Profit Sharing 401(k) Plan · Sponsored by Nordic Fiberglass, Inc. · Minnesota · Manufacturing

$30M in assets, 112 participants

Nordic Fiberglass, Inc.'s Nordic Fiberglass Inc. Profit Sharing 401(k) Plan reported $30M in total assets and 112 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #15,537 in Manufacturing (20,602 peers)

Coverage in Minnesota

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan covers 112 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $30M.

#15,537
in Manufacturing (20,602 peers)
-11.5%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan's outsized position by total assets

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$29,577,850 Top 17% higher than 83% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nordic Fiberglass Inc. Profit Sharing 401(k) Plan sits mid-pack in the medium band (112 participants).

EBSA filing schedule strip

Filing strip 450309198 · Nordic Fiberglass, Inc. PY 2022 · 401(k)

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan · $30M · 112 · 83rd

  • EBSA $30M
  • PART 112
  • TYPE 83rd
  • NET 401(k)
  • BOOK near Farbest Foods, Inc. Savings and Investment Plan
  • VS-ST ind #15537

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan in the asset neighbourhood

Nordic Fiberglass Inc. Profit Sharing 401(k) PlanNordic Fiberglass Inc. Profi…$30MFarbest Foods, Inc. Savings and Investment PlanFarbest Foods, Inc. Savings …$30MMotors & Armatures, Inc. Retirement PlanMotors & Armatures, Inc. Ret…$30MTrideum 401(k) Profit Sharing PlanTrideum 401(k) Profit Sharin…$30MCovius Holdings, Inc. 401(k) PlanCovius Holdings, Inc. 401(k)…$30M
End-of-year total assets ($M) among Nordic Fiberglass Inc. Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$30M
Net Income-$4M
Employer EIN450309198
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nordic Fiberglass, Inc.)

Sponsor-wide plan assets over time

All Nordic Fiberglass, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$193K 99.34636560804792% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $29.6M $0.19M ▼ -99.4%
Year Plans Participants Total Assets
2022 1 112 $30M
2023 1 125 $34M
2024 1 111 $193K

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Nordic Fiberglass Inc. Profit Sharing 401(k) Plan, Total assets ($B): 0.02957785 · Participants: 112Nordic Fiberglass Inc. Profit Sharing 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Nordic Fiberglass Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Nordic Fiberglass Inc. Profit Sharing 401(k) Plan side-by-side with 3 peers →

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Farbest Foods, Inc. Savings and Investment Plan in IN ($30M); by covered participants it is Colorado Bluesky Enterprises Custom 401(k) Plan and Trust in CO (112 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (112 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nordic Fiberglass Inc. Profit Sharing 401(k) Plan assets move in 2022? ▼
Nordic Fiberglass Inc. Profit Sharing 401(k) Plan pulled back noticeably - down 11.5% during 2022, from $33M to $30M. Reported net income was -$4M.
How have Nordic Fiberglass, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nordic Fiberglass, Inc.'s sponsor-wide assets declined 99.3%, from $30M to $193K.
Where does Nordic Fiberglass Inc. Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Nordic Fiberglass Inc. Profit Sharing 401(k) Plan ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nordic Fiberglass Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Farbest Foods, Inc. Savings and Investment Plan in IN ($30M, 985 participants).
Which 401(k) plans cover a similar participant headcount to Nordic Fiberglass Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Colorado Bluesky Enterprises Custom 401(k) Plan and Trust in CO (112 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450309198.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.