401(k) · DOL Form 5500 · 2022

Norfolk Iron & Metal Company 401(k) Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
865
Participants Near avg headcount
89th
Percentile by assets National rank
$68,253
Avg per participant Below avg balance/head
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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.

  • #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.

#6,205
in Wholesale Trade (6,843 peers)
-17.1%
assets change YoY
0.6×
vs typical plan assets (national mean)

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.

Norfolk Iron & Metal Company 401(k) Profit Sharing Plan's outsized position 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 $2,050,000,000 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

Norfolk Iron & Metal Company 401(k) Profit Sharing 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. Norfolk Iron & Metal Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (865 participants).

DOL schedule card

Filing strip 470460089 · Norfolk Iron & Metal Company PY 2022 · 401(k)

Norfolk Iron & Metal Company 401(k) Profit Sharing Plan · $59M · 865 · 89th

  • VS-ST $59M
  • VS-ST 865
  • VS-ST 89th
  • VS-ST 401(k)
  • VS-ST near Octapharma Plasma, Inc. 401 K Plan
  • VS-ST ind #6205

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 Wholesale Trade retirement plans → · Plans in Nebraska →

Norfolk Iron & Metal Company 401(k) Profit Sharing Plan in the asset neighbourhood

Cornerstone Employer Solutions Retirement Savings PlanCornerstone Employer Solutio…$59MCornerstone Employer Solutions Retirement Savings PlanCornerstone Employer Solutio…$59MNorfolk Iron & Metal Company 401(k) Profit Sharing PlanNorfolk Iron & Metal Company…$59MOctapharma Plasma, Inc. 401 K PlanOctapharma Plasma, Inc. 401 …$59MBassett Furniture Ind. Inc. 401(k) PlanBassett Furniture Ind. Inc. …$59M
End-of-year total assets ($M) among Norfolk Iron & Metal Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Norfolk Iron & Metal Company plans reported in each filing year

Latest sponsor-wide plan assets
$78M 32.14286736616049% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $59M $78M ▲ +32.1%
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 ($B) Participants Norfolk Iron & Metal Company 401(k) Profit Sharing Plan, Total assets ($B): 0.059038787 · Participants: 865Norfolk Iron & Metal Company 401(k) Profit Sharing PlanHdr, Inc. Best Plan and ESOP, Total assets ($B): 4.974213701 · Participants: 9716Hdr, Inc. Best Plan and ESOPUnion Pacific Corporation Thrift Plan, Total assets ($B): 2.028704333 · Participants: 5284Union Pacific Corporation Thrift PlanUnion Pacific Agreement Employee 401(k) Retirement Thrift Plan, Total assets ($B): 1.965449453 · Participants: 28974Union Pacific Agreement Employee 401(k) Retirement Thrift PlanPeter Kiewit Sons, Inc. Retirement Savings Plan, Total assets ($B): 1.817293875 · Participants: 15777Peter Kiewit Sons, Inc. Retirement Savings PlanFirst National of Nebraska, Inc. First Savings Plan, Total assets ($B): 0.763501259 · Participants: 4605First National of Nebraska, Inc. First Savings Plan
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) Profit Sharing Plan side-by-side with 3 peers →

Norfolk Iron & Metal Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Nebraska, the nearest 401(k) by assets is Octapharma Plasma, Inc. 401 K Plan in NC ($59M); by covered participants it is Blue Link Wireless, LLC 401(k) Plan in MI (865 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (865 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 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).
Which 401(k) plans cover a similar participant headcount to Norfolk Iron & Metal Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Blue Link Wireless, LLC 401(k) Plan in MI (865 participants, $712K 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 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.