401(k) · DOL Form 5500 · 2022

Norwood Clinic, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
74
Participants Small participant base
80th
Percentile by assets National rank
$329,406
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan · Sponsored by Norwood Clinic, Inc. · Alabama · Healthcare & Social Assistance

$24M in assets, 74 participants

Norwood Clinic, Inc.'s Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan reported $24M in total assets and 74 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #16,678 in Healthcare & Social Assistance (20,060 peers)

Where Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan sits by assets

Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan sits in the top quartile of all filed plans by assets, $24M for 74 participants (~$329,406/participant), down 13.4% in 2022.

#16,678
in Healthcare & Social Assistance (20,060 peers)
-13.4%
assets change YoY
0.2×
vs typical plan assets (national mean)

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.

Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan's outsized position by total assets

Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan vs every filed plan by assets

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

$24,376,026 Top 20% higher than 80% 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 Clinic, Inc. 401(k) Profit Sharing Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan is a small filing (74 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 630715625 · Norwood Clinic, Inc. PY 2022 · 401(k)

Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan · $24M · 74 · 80th

  • SCH $24M
  • SCH 74
  • SCH 80th
  • SCH 401(k)
  • SCH near Whitfield & Eddy P.L.C. 401(k) Plan
  • SCH ind #16678

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 Healthcare & Social Assistance retirement plans → · Plans in Alabama →

Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan in the asset neighbourhood

Norwood Clinic, Inc. 401(k) Profit Sharing Retirement PlanNorwood Clinic, Inc. 401(k) …$24MWhitfield & Eddy P.L.C. 401(k) PlanWhitfield & Eddy P.L.C. 401(…$24MTenafly Pediatrics, P.a. 401(k) Profit Sharing PlanTenafly Pediatrics, P.a. 401…$24MPurfoods, LLC Dba Mom's Meals 401(k) PlanPurfoods, LLC Dba Mom's Meal…$24MHitachi Astemo Findlay, Inc. Associates' Retirement Savings PlanHitachi Astemo Findlay, Inc.…$24M
End-of-year total assets ($M) among Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$24M
Net Income-$4M
Employer EIN630715625
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norwood Clinic, Inc.)

Sponsor-wide plan assets over time

All Norwood Clinic, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11K 99.95645311504016% vs 2022
2023 filing year
$0M$10M$20M$30M 20222023 $24.4M $0.01M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 74 $24M
2023 1 29 $11K

Nearby 401(k) Plans in Alabama

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

Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan, Total assets ($B): 0.024376026 · Participants: 74Norwood Clinic, Inc. 401(k) Profit Sharing Retirement PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Whitfield & Eddy P.L.C. 401(k) Plan in IA ($24M); by covered participants it is Perkins Motor Plex LLC Safe Harbor 401(k) Plan in KY (74 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (74 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 Clinic, Inc. 401(k) Profit Sharing Retirement Plan assets move in 2022?
Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan pulled back noticeably - down 13.4% during 2022, from $28M to $24M. Reported net income was -$4M.
How have Norwood Clinic, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Norwood Clinic, Inc.'s sponsor-wide assets declined 100.0%, from $24M to $11K.
Where does Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan rank by assets among Form 5500 filers?
Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan ranks in the 80th 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 Clinic, Inc. 401(k) Profit Sharing Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Whitfield & Eddy P.L.C. 401(k) Plan in IA ($24M, 87 participants).
Which 401(k) plans cover a similar participant headcount to Norwood Clinic, Inc. 401(k) Profit Sharing Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Perkins Motor Plex LLC Safe Harbor 401(k) Plan in KY (74 participants, $3M in assets).