401(k) · DOL Form 5500 · 2022

Norwood Medical, LLC 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
1,156
Participants Near avg headcount
89th
Percentile by assets National rank
$46,978
Avg per participant Low balance/head
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Official DOL plan name: Norwood Medical Employee Savings Plan and Trust · Sponsored by Norwood Medical, LLC · Ohio · Manufacturing

$54M in assets, 1,156 participants

Norwood Medical, LLC's Norwood Medical Employee Savings Plan and Trust reported $54M in total assets and 1,156 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.

  • #17,142 in Manufacturing (20,602 peers)

Where Norwood Medical Employee Savings Plan and Trust sits by assets

Norwood Medical Employee Savings Plan and Trust sits in the top quartile of all filed plans by assets, $54M for 1,156 participants (~$46,978/participant), down 18.1% in 2022.

#17,142
in Manufacturing (20,602 peers)
-18.1%
assets change YoY
0.5×
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.

Norwood Medical Employee Savings Plan and Trust's outsized position by total assets

Norwood Medical Employee Savings Plan and Trust vs every filed plan by assets

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

$54,306,268 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

Norwood Medical Employee Savings Plan and Trust's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norwood Medical Employee Savings Plan and Trust lands in the large band (1,156 participants).

DOL schedule card

Filing strip 311013821 · Norwood Medical, LLC PY 2022 · 401(k)

Norwood Medical Employee Savings Plan and Trust · $54M · 1,156 · 89th

  • EBSA $54M
  • EBSA 1,156
  • EBSA 89th
  • EBSA 401(k)
  • EBSA near Qualys, Inc. 401(k) Plan
  • EBSA ind #17142

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 Ohio →

Norwood Medical Employee Savings Plan and Trust in the asset neighbourhood

The New York Blower Company Profit Sharing Plan and TrustThe New York Blower Company …$54MValuation Research Corporation Employees' Profit Sharing PlanValuation Research Corporati…$54MNorwood Medical Employee Savings Plan and TrustNorwood Medical Employee Sav…$54MQualys, Inc. 401(k) Plan$54MWausau Tile/Imperial Industries Retirement & Savings PlanWausau Tile/Imperial Industr…$54M
End-of-year total assets ($M) among Norwood Medical Employee Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$54M
Net Income-$12M
Employer EIN311013821
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norwood Medical, LLC)

Sponsor-wide plan assets over time

All Norwood Medical, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$70M 29.61811700999229% vs 2022
2024 filing year
$50M$55M$60M$65M$70M$75M 202220232024 $54.3M $70.4M ▲ +29.6%
Year Plans Participants Total Assets
2022 1 1,156 $54M
2023 1 1,218 $64M
2024 1 1,200 $70M

Nearby 401(k) Plans in Ohio

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

Norwood Medical Employee Savings Plan and Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Norwood Medical Employee Savings Plan and Trust, Total assets ($B): 0.054306268 · Participants: 1156Norwood Medical Employee Savings Plan and TrustThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Norwood Medical Employee Savings Plan and Trust vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Norwood Medical Employee Savings Plan and Trust side-by-side with 3 peers →

Norwood Medical Employee Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Qualys, Inc. 401(k) Plan in CA ($54M); by covered participants it is Goodwill of the Olympics and Rainier Region 401(k) Plan in WA (1,156 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,156 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 Norwood Medical Employee Savings Plan and Trust assets move in 2022? ▼
Norwood Medical Employee Savings Plan and Trust declined sharply - down 18.1% during 2022, from $66M to $54M. Reported net income was -$12M.
How have Norwood Medical, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norwood Medical, LLC's sponsor-wide assets grew 29.6%, from $54M to $70M.
Where does Norwood Medical Employee Savings Plan and Trust rank by assets among Form 5500 filers? ▼
Norwood Medical Employee Savings Plan and Trust 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 Norwood Medical Employee Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Qualys, Inc. 401(k) Plan in CA ($54M, 446 participants).
Which 401(k) plans cover a similar participant headcount to Norwood Medical Employee Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Goodwill of the Olympics and Rainier Region 401(k) Plan in WA (1,156 participants, $3M 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 311013821.

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.