401(k)
2022 plan-year 401(k) DOL Form 5500

Nordic Industries, Inc. Retirement Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Nordic Industries, Inc. · California · Construction

What the 2023 filing shows

Nordic Industries, Inc. Retirement Savings Plan holds $15M for 60 participants — about $253,857 per participant, down 21.0% over the 2022 plan year.

$15M
total plan assets (2022 EOY)
60
covered participants
$253,857
avg assets per participant
-21.0%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$15M
Participants
60
State
Industry
Construction

What the Filing Says About Nordic Industries, Inc. Retirement Savings Plan

Nordic Industries, Inc. Retirement Savings Plan is a 401(k) retirement plan sponsored by Nordic Industries, Inc., headquartered in California. As of the 2022 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 60 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 880165744, and the plan has been effective since 1987-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $19M at the beginning of 2022 to $15M at year-end — a decline of 21.0%. Net assets (after liabilities) closed the year at $15M, with reported net income of $-4,041,194 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$19M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$-4,041,194
Plan Type401(k)
Employer EIN880165744
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Frequently Asked Questions

How much money is in the Nordic Industries, Inc. Retirement Savings Plan?
As of the 2022 Form 5500 filing, Nordic Industries, Inc. Retirement Savings Plan holds $15M in total assets with 60 participants. It is sponsored by Nordic Industries, Inc..
What type of plan is Nordic Industries, Inc. Retirement Savings Plan?
Nordic Industries, Inc. Retirement Savings Plan is a 401(k) plan. It has been effective since 1987-05-01. The plan is filed with the U.S. Department of Labor under EIN 880165744.
Who sponsors the Nordic Industries, Inc. Retirement Savings Plan?
Nordic Industries, Inc. Retirement Savings Plan is sponsored by Nordic Industries, Inc., located in California. The sponsor's EIN is 880165744 and the plan operates in the Construction industry.
How did Nordic Industries, Inc. Retirement Savings Plan perform in 2022?
Nordic Industries, Inc. Retirement Savings Plan declined by 21.0% during 2022, moving from $19M to $15M in total assets. Net income was $-4,041,194.
Where can I find official filings for Nordic Industries, Inc. Retirement Savings Plan?
Official Form 5500 filings for Nordic Industries, Inc. Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 880165744 or plan name at efast.dol.gov.
How does Nordic Industries, Inc. Retirement Savings Plan compare to other plans?
You can compare Nordic Industries, Inc. Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 880165744.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.