401(k) · DOL Form 5500 · 2022

Norma Michigan, Inc. 401(k) Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
973
Participants Near avg headcount
89th
Percentile by assets National rank
$61,004
Avg per participant Low balance/head
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Official DOL plan name: Norma Group USA Retirement Savings Plan · Sponsored by Norma Michigan, Inc. · Michigan · Manufacturing

$59M in assets, 973 participants

Norma Michigan, Inc.'s Norma Group USA Retirement Savings Plan reported $59M in total assets and 973 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.

  • #17,354 in Manufacturing (20,602 peers)

Where Norma Group USA Retirement Savings Plan sits by assets

Norma Group USA Retirement Savings Plan sits in the top quartile of all filed plans by assets, $59M for 973 participants (~$61,004/participant), down 14.8% in 2022.

#17,354
in Manufacturing (20,602 peers)
-14.8%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Norma Group USA Retirement Savings Plan's outsized position by total assets

Norma Group USA Retirement Savings Plan vs every filed plan by assets

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

$59,356,637 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

Norma Group USA Retirement Savings 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. Norma Group USA Retirement Savings Plan sits mid-pack in the medium band (973 participants).

Plan-year Form 5500 strip

Filing strip 382039573 · Norma Michigan, Inc. PY 2022 · 401(k)

Norma Group USA Retirement Savings Plan · $59M · 973 · 89th

  • EOY $59M
  • EOY 973
  • EOY 89th
  • EOY 401(k)
  • EOY near Rayonier Advanced Materials Inc. Jesup Plant Savings Plan for Hourly Employees
  • EOY ind #17354

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 Michigan →

Norma Group USA Retirement Savings Plan in the asset neighbourhood

Voxx International Corporation Profit Sharing and 401(k) PlanVoxx International Corporati…$59MCrowder Constructors 401(k) Savings and Profit-Sharing PlanCrowder Constructors 401(k) …$59MNorma Group USA Retirement Savings PlanNorma Group USA Retirement S…$59MRayonier Advanced Materials Inc. Jesup Plant Savings Plan for Hourly EmployeesRayonier Advanced Materials …$59MMac Papers and Packaging, LLC 401(k) Profit Sharing PlanMac Papers and Packaging, LL…$59M
End-of-year total assets ($M) among Norma Group USA Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$59M
Net Income-$10M
Employer EIN382039573
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norma Michigan, Inc.)

Sponsor-wide plan assets over time

All Norma Michigan, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$81M 36.77701113693486% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $59.4M $81.2M ▲ +36.8%
Year Plans Participants Total Assets
2022 1 973 $59M
2023 1 1,016 $71M
2024 1 1,024 $81M

Nearby 401(k) Plans in Michigan

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

Norma Group USA Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Norma Group USA Retirement Savings Plan, Total assets ($B): 0.059356637 · Participants: 973Norma Group USA Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Norma Group USA Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Norma Group USA Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Rayonier Advanced Materials Inc. Jesup Plant Savings Plan for Hourly Employees in FL ($59M); by covered participants it is The Employees Retirement Plan in NJ (973 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (973 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 Norma Group USA Retirement Savings Plan assets move in 2022? ▼
Norma Group USA Retirement Savings Plan pulled back noticeably - down 14.8% during 2022, from $70M to $59M. Reported net income was -$10M.
How have Norma Michigan, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norma Michigan, Inc.'s sponsor-wide assets grew 36.8%, from $59M to $81M.
Where does Norma Group USA Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Norma Group USA Retirement Savings 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 Norma Group USA Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rayonier Advanced Materials Inc. Jesup Plant Savings Plan for Hourly Employees in FL ($59M, 685 participants).
Which 401(k) plans cover a similar participant headcount to Norma Group USA Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Employees Retirement Plan in NJ (973 participants, $461K in assets).