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

Nordex USA, Inc. 401(k) Plan

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

Sponsored by Nordex USA, Inc. · Illinois · Manufacturing

What the 2023 filing shows

Nordex USA, Inc. 401(k) Plan holds $25M for 505 participants — about $49,570 per participant, down 7.2% over the 2022 plan year.

$25M
total plan assets (2022 EOY)
505
covered participants
$49,570
avg assets per participant
-7.2%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$25M
Participants
505
State
Industry
Manufacturing

What the Filing Says About Nordex USA, Inc. 401(k) Plan

Nordex USA, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Nordex USA, Inc., headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 505 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 954788417, and the plan has been effective since 2009-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $27M at the beginning of 2022 to $25M at year-end — a decline of 7.2%. Net assets (after liabilities) closed the year at $25M, with reported net income of $-1,938,794 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)$27M
Total Assets (End of Year)$25M
Net Assets (End of Year)$25M
Net Income$-1,938,794
Plan Type401(k)
Employer EIN954788417
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nordex USA, Inc.)

Year Plans Participants Total Assets
2022 1 505 $25M
2023 1 545 $34M
2024 1 591 $40M

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Frequently Asked Questions

How much money is in the Nordex USA, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Nordex USA, Inc. 401(k) Plan holds $25M in total assets with 505 participants. It is sponsored by Nordex USA, Inc..
What type of plan is Nordex USA, Inc. 401(k) Plan?
Nordex USA, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2009-01-01. The plan is filed with the U.S. Department of Labor under EIN 954788417.
Who sponsors the Nordex USA, Inc. 401(k) Plan?
Nordex USA, Inc. 401(k) Plan is sponsored by Nordex USA, Inc., located in Illinois. The sponsor's EIN is 954788417 and the plan operates in the Manufacturing industry.
How did Nordex USA, Inc. 401(k) Plan perform in 2022?
Nordex USA, Inc. 401(k) Plan declined by 7.2% during 2022, moving from $27M to $25M in total assets. Net income was $-1,938,794.
Where can I find official filings for Nordex USA, Inc. 401(k) Plan?
Official Form 5500 filings for Nordex USA, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 954788417 or plan name at efast.dol.gov.
How does Nordex USA, Inc. 401(k) Plan compare to other plans?
You can compare Nordex USA, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Illinois 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 954788417.

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.