401(k) · DOL Form 5500 · 2022

Norma Michigan, Inc. 401(k) Plan

Data updated 2026-08-11

$59M
Total assets
973
Participants
89th
Percentile by assets
$61,004
Avg per participant
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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.

  • 89th percentile by assets (of 139,126 plans)
  • #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.

$59M
total plan assets (2022 EOY)
973
covered participants
89th
percentile by assets (of 139,126 plans)
$61,004
avg assets per participant

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.

Where Norma Group USA Retirement Savings Plan sits 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 $2,010,000,000 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
Michigan
Industry
Manufacturing

Norma Group USA Retirement Savings Plan vs the 2022 asset distribution

By assets, Norma Group USA Retirement Savings 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)$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.)

$50M$60M$70M$80M$90M 202220232024 $59.4M $81.2M ▲ +36.8%
Total plan assets by year, all Norma Michigan, Inc. plans on file
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 ($B) Participants Norma Group USA Reti…, Total assets ($B): 0.059356637 · Participants: 973Norma Group USA Reti…General Motors Retir…, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Com…The General Motors P…, Total assets ($B): 7.545889119 · Participants: 40458The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-E…
Norma Group USA Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Norma Group USA Retirement Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Norma Group USA Retirement Savings Plan by total assets, not by location.

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).

Next read for Norma Group USA Retirement Savings Plan

Scale reading

Ways to act on Norma Group USA Retirement Savings Plan's numbers.

  • By total assets, Norma Group USA Retirement Savings 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 Michigan. Compare plans
  • Norma Michigan, Inc.'s sponsor-wide assets have grown 36.8% since 2022 across 3 plan years on file. More Manufacturing 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 382039573.

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.