ESOP · DOL Form 5500 · 2022

Norair Engineering Corp. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
37
Participants Small participant base
69th
Percentile by assets National rank
$336,171
Avg per participant High balance/head
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Official DOL plan name: Norair Engineering Corp. Employee Stock Ownership Plan · Sponsored by Norair Engineering Corp. · Maryland · Construction

$12M in assets, 37 participants

Norair Engineering Corp.'s Norair Engineering Corp. Employee Stock Ownership Plan reported $12M in total assets and 37 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • #6,832 in Construction (9,927 peers)

Norair Engineering Corp. multi-year trail

Norair Engineering Corp.'s plans moved +82.8% in assets from 2022 to 2024; this filing shows Norair Engineering Corp. Employee Stock Ownership Plan at $12M / 37 participants.

#6,832
in Construction (9,927 peers)
+59.2%
assets growth YoY

Norair Engineering Corp. Employee Stock Ownership Plan's outsized position by total assets

Norair Engineering Corp. Employee Stock Ownership Plan vs every filed plan by assets

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

$12,438,322 Top 31% higher than 69% 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

Norair Engineering Corp. Employee Stock Ownership 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. Norair Engineering Corp. Employee Stock Ownership Plan is a small filing (37 participants) on this national headcount ladder.

DOL schedule card

Filing strip 530119010 · Norair Engineering Corp. PY 2022 · ESOP

Norair Engineering Corp. Employee Stock Ownership Plan · $12M · 37 · 69th

  • RANK $12M
  • RANK 37
  • RANK 69th
  • RANK ESOP
  • RANK near Ohnward Bancshares, Inc. Employee Stock Ownership Plan
  • RANK ind #6832

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 What is an ESOP? → · Plans in Maryland →

Norair Engineering Corp. Employee Stock Ownership Plan in the asset neighbourhood

Mcd, Inc. Employee Stock Ownership PlanMcd, Inc. Employee Stock Own…$12MNorair Engineering Corp. Employee Stock Ownership PlanNorair Engineering Corp. Emp…$12MOhnward Bancshares, Inc. Employee Stock Ownership PlanOhnward Bancshares, Inc. Emp…$12MWeller Pools USA, Inc. ESOP and TrustWeller Pools USA, Inc. ESOP …$12MJnd Holdings ESOP$12M
End-of-year total assets ($M) among Norair Engineering Corp. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Norair Engineering Corp. multi-year asset trail

Sponsor-wide plan assets over time

All Norair Engineering Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 82.80859749409929% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12.4M $22.7M ▲ +82.8%
Year Plans Participants Total Assets
2022 1 37 $12M
2023 1 34 $16M
2024 1 31 $23M

Norair Engineering Corp. filing trail (2022)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$12M
Net Income$5M
Employer EIN530119010
Plan Effective Date2019-10-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maryland

Peer ESOP plans, same state, same plan type, ranked by total assets.

Norair Engineering Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -20002004006008001000 Total assets ($M) Participants Norair Engineering Corp. Employee Stock Ownership Plan, Total assets ($M): 12.438322 · Participants: 37Norair Engineering Corp. Employee Stock Ownership PlanEvapco, Inc. Employee Stock Ownership Plan, Total assets ($M): 876.198034 · Participants: 1522Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($M): 370.840695 · Participants: 2842Westat, Inc. Employee Stock Ownership PlanBrown Capital Management ESOP, Total assets ($M): 368.113953 · Participants: 34Brown Capital Management ESOPKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 288.984694 · Participants: 1580Kci Technologies, Inc. Employee Stock Ownership PlanLockheed Martin Corporation Capital Accumulation Plan, Total assets ($M): 246.809403 · Participants: 4213Lockheed Martin Corporation Capital Accumulation Plan
Norair Engineering Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants
Compare Norair Engineering Corp. Employee Stock Ownership Plan side-by-side with 3 peers →

Norair Engineering Corp. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maryland, the nearest ESOP by assets is Ohnward Bancshares, Inc. Employee Stock Ownership Plan in IA ($12M); by covered participants it is Sdg Architects, Inc. ESOP in CA (37 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (37 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 Norair Engineering Corp. Employee Stock Ownership Plan assets move in 2022? ▼
Norair Engineering Corp. Employee Stock Ownership Plan surged - up 59.2% during 2022, from $8M to $12M. Reported net income was $5M.
How have Norair Engineering Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norair Engineering Corp.'s sponsor-wide assets grew 82.8%, from $12M to $23M.
Which ESOP plans are similar in size to Norair Engineering Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Ohnward Bancshares, Inc. Employee Stock Ownership Plan in IA ($12M, 149 participants).
Which ESOP plans cover a similar participant headcount to Norair Engineering Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Sdg Architects, Inc. ESOP in CA (37 participants, $2M in assets).

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 530119010.

Read our methodology - how this data is sourced, computed, and verified.

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