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

Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan

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

Sponsored by Norman Wright Mechanical Equipment Corp. · California · Other Services

What the 2023 filing shows

Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan holds $52M for 180 participants — about $286,237 per participant, down 20.3% over the 2022 plan year.

$52M
total plan assets (2022 EOY)
180
covered participants
$286,237
avg assets per participant
-20.3%
assets change YoY

The plan reported a net loss of $13M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$52M
Participants
180
State
Industry
Other Services

What the Filing Says About Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan

Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Norman Wright Mechanical Equipment Corp., headquartered in California. As of the 2022 Form 5500 filing, the plan reports $52M in total end-of-year assets and covers 180 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 942872220, and the plan has been effective since 1977-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $65M at the beginning of 2022 to $52M at year-end — a decline of 20.3%. Net assets (after liabilities) closed the year at $52M, with reported net income of $-13,154,895 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$65M
Total Assets (End of Year)$52M
Net Assets (End of Year)$52M
Net Income$-13,154,895
Plan Type401(k)
Employer EIN942872220
Plan Effective Date1977-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norman Wright Mechanical Equipment Corp.)

Year Plans Participants Total Assets
2022 2 421 $74M
2023 2 430 $93M
2024 2 435 $107M

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Frequently Asked Questions

How much money is in the Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan holds $52M in total assets with 180 participants. It is sponsored by Norman Wright Mechanical Equipment Corp..
What type of plan is Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan?
Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1977-11-01. The plan is filed with the U.S. Department of Labor under EIN 942872220.
Who sponsors the Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan?
Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan is sponsored by Norman Wright Mechanical Equipment Corp., located in California. The sponsor's EIN is 942872220 and the plan operates in the Other Services industry.
How did Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan perform in 2022?
Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan declined by 20.3% during 2022, moving from $65M to $52M in total assets. Net income was $-13,154,895.
Where can I find official filings for Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 942872220 or plan name at efast.dol.gov.
How does Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing Plan compare to other plans?
You can compare Norman Wright Mechanical Equipment Corp. 401(k) Profit Sharing 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.

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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 942872220.

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.