401(k) · DOL Form 5500 · 2022

Nagel Paper, Inc. 401(k) Plan

Data updated 2026-05-15

$524K
Total assets
120
Participants
19th
Percentile by assets
$4,369
Avg per participant

Sponsored by Nagel Paper, Inc. · Michigan · Manufacturing

What the 2022 filing shows

Nagel Paper, Inc. 401(k) Plan holds $524K for 120 participants - about $4,369 per participant, among the smaller plans by assets on file, down 38.8% over the 2022 plan year.

$524K
total plan assets (2022 EOY)
120
covered participants
19th
percentile by assets (of 139,258 plans)
$4,369
avg assets per participant

The plan reported a net loss of $332K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Manufacturing

401(k) · DOL Form 5500 · 2022

What the Filing Says About Nagel Paper, Inc. 401(k) Plan

Nagel Paper, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Nagel Paper, Inc., headquartered in Michigan. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $524K in total end-of-year assets and covers 120 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 383397595, and the plan has been effective since 2020-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets contracted severely from $856K at the beginning of 2022 to $524K at year-end - down 38.8%. Net assets (after liabilities) closed the year at $524K, with reported net income of -$332K 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.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Nagel Paper, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$856K
Total Assets (End of Year)$524K
Net Assets (End of Year)$524K
Net Income-$332K
Plan Type401(k)
Employer EIN383397595
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Frequently Asked Questions

How much money is in the Nagel Paper, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Nagel Paper, Inc. 401(k) Plan holds $524K in total assets with 120 participants. It is sponsored by Nagel Paper, Inc..
What type of plan is Nagel Paper, Inc. 401(k) Plan?
Nagel Paper, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2020-01-01. The plan is filed with the U.S. Department of Labor under EIN 383397595.
Who sponsors the Nagel Paper, Inc. 401(k) Plan?
Nagel Paper, Inc. 401(k) Plan is sponsored by Nagel Paper, Inc., located in Michigan. The sponsor's EIN is 383397595 and the plan operates in the Manufacturing industry.
How did Nagel Paper, Inc. 401(k) Plan perform in 2022?
Nagel Paper, Inc. 401(k) Plan contracted severely - down 38.8% during 2022, moving from $856K to $524K in total assets. Net income was -$332K.

What this filing means

Ways to act on Nagel Paper, Inc. 401(k) Plan's numbers.

  • By total assets, Nagel Paper, Inc. 401(k) Plan ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 383397595.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.