401(k) · DOL Form 5500 · 2022

Norfolk Iron & Metal Company 401(k) Plan

Data updated 2026-08-11

$59M
Total assets
865
Participants
89th
Percentile by assets
$68,253
Avg per participant
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Official DOL plan name: Norfolk Iron & Metal Company 401(k) Profit Sharing Plan · Sponsored by Norfolk Iron & Metal Company · Nebraska · Wholesale Trade

$59M in assets, 865 participants

Norfolk Iron & Metal Company's Norfolk Iron & Metal Company 401(k) Profit Sharing Plan reported $59M in total assets and 865 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 139,126 plans)
  • #6,205 in Wholesale Trade (6,843 peers)

Where Norfolk Iron & Metal Company 401(k) Profit Sharing Plan sits by assets

Norfolk Iron & Metal Company 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $59M for 865 participants (~$68,253/participant), down 17.1% in 2022.

$59M
total plan assets (2022 EOY)
865
covered participants
89th
percentile by assets (of 139,126 plans)
$68,253
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Norfolk Iron & Metal Company 401(k) Profit Sharing Plan sits by total assets

Norfolk Iron & Metal Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$59,038,787 Top 11% higher than 89% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Nebraska
Industry
Wholesale Trade

Norfolk Iron & Metal Company 401(k) Profit Sharing Plan vs the 2022 asset distribution

By assets, Norfolk Iron & Metal Company 401(k) Profit Sharing Plan outranks 89% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$59M
Net Income-$12M
Employer EIN470460089
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norfolk Iron & Metal Company)

$50M$60M$70M$80M 202220232024 $59M $78M ▲ +32.1%
Total plan assets by year, all Norfolk Iron & Metal Company plans on file
Year Plans Participants Total Assets
2022 1 865 $59M
2023 1 864 $68M
2024 1 879 $78M

Nearby 401(k) Plans in Nebraska

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

Norfolk Iron & Metal Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Norfolk Iron & Metal…, Total assets ($B): 0.059038787 · Participants: 865Norfolk Iron & Metal…Hdr, Inc. Best Plan …, Total assets ($B): 4.974213701 · Participants: 9716Hdr, Inc. Best Plan …Union Pacific Corpor…, Total assets ($B): 2.028704333 · Participants: 5284Union Pacific Corpor…Union Pacific Agreem…, Total assets ($B): 1.965449453 · Participants: 28974Union Pacific Agreem…Peter Kiewit Sons, I…, Total assets ($B): 1.817293875 · Participants: 15777Peter Kiewit Sons, I…First National of Ne…, Total assets ($B): 0.763501259 · Participants: 4605First National of Ne…
Norfolk Iron & Metal Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants
Compare Norfolk Iron & Metal Company 401(k) Prof… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Norfolk Iron & Metal Company 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Norfolk Iron & Metal Company 401(k) Profit Sharing Plan assets move in 2022? ▼
Norfolk Iron & Metal Company 401(k) Profit Sharing Plan declined sharply - down 17.1% during 2022, from $71M to $59M. Reported net income was -$12M.
How have Norfolk Iron & Metal Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norfolk Iron & Metal Company's sponsor-wide assets grew 32.1%, from $59M to $78M.
Where does Norfolk Iron & Metal Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Norfolk Iron & Metal Company 401(k) Profit Sharing Plan ranks in the 89th 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 Norfolk Iron & Metal Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Octapharma Plasma, Inc. 401 K Plan in NC ($59M, 3,494 participants).

Next read for Norfolk Iron & Metal Company 401(k) Prof…

Scale reading

Ways to act on Norfolk Iron & Metal Company 401(k) Profit Sharing Plan's numbers.

  • By total assets, Norfolk Iron & Metal Company 401(k) Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Nebraska. Compare plans
  • Norfolk Iron & Metal Company's sponsor-wide assets have grown 32.1% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 470460089.

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.