401(k) · DOL Form 5500 · 2023

Norec, LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
15
Participants Small participant base
40th
Percentile by assets National rank
$257,471
Avg per participant Above avg balance/head
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Official DOL plan name: Norec, LLC 401(k) P/S Plan · Sponsored by Norec, LLC · Ohio · Professional & Technical Services

$4M in assets, 15 participants

Norec, LLC's Norec, LLC 401(k) P/S Plan reported $4M in total assets and 15 participants in its 2023 DOL Form 5500 filing, ranking in the 40th 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.

  • #7,513 in Professional & Technical Services (20,321 peers)

Norec, LLC multi-year trail

Norec, LLC's plans moved +39.0% in assets from 2022 to 2024; this filing shows Norec, LLC 401(k) P/S Plan at $4M / 15 participants.

#7,513
in Professional & Technical Services (20,321 peers)
+30.9%
assets growth YoY

Norec, LLC 401(k) P/S Plan's mid-pack asset rank among Professional & Technical Services and all filers

Norec, LLC 401(k) P/S Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,862,065 40th percentile higher than 40% of 127,068 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 2023

Norec, LLC 401(k) P/S Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norec, LLC 401(k) P/S Plan is a small filing (15 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Norec, LLC 401(k) P/S Plan reported net income rose from -$658K in the plan year 2022 filing to $913K in the plan year 2023 filing.
  • Norec, LLC 401(k) P/S Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Norec, LLC 401(k) P/S Plan reported participants rose from 12 in the plan year 2022 filing to 15 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 260454969 · Norec, LLC PY 2023 · 401(k)

Norec, LLC 401(k) P/S Plan · $4M · 15 · 40th

  • NET $4M
  • BOOK 15
  • VS-ST 40th
  • BOY 401(k)
  • SCH near Paris Baguette 401(k) Plan
  • EBSA ind #7513

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 Professional & Technical Services retirement plans → · Plans in Ohio →

Norec, LLC 401(k) P/S Plan in the asset neighbourhood

Norec, LLC 401(k) P/S Plan$4MParis Baguette 401(k) Plan$4MApple Central 401(k) Plan$4MMm. Lafleur Inc. 401(k) Plan$4MPrimary Partnercare Physicians, PLLC 401(k) Profit Sharing PlanPrimary Partnercare Physicia…$4M
End-of-year total assets ($M) among Norec, LLC 401(k) P/S Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Norec, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Norec, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$4M 38.9724590350694% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.95M $4.1M ▲ +39.0%
Year Plans Participants Total Assets
2022 1 12 $3M
2023 1 15 $4M
2024 1 13 $4M

Norec, LLC filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$913K
Employer EIN260454969
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Norec, LLC 401(k) P/S Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Norec, LLC 401(k) P/S Plan, Total assets ($B): 0.003862065 · Participants: 15Norec, LLC 401(k) P/S PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Norec, LLC 401(k) P/S Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Norec, LLC 401(k) P/S Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Paris Baguette 401(k) Plan in NJ ($4M); by covered participants it is Ear Nose and Throat of Northwest Georgia PC Profit Sharing Plan in GA (15 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (15 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Norec, LLC 401(k) P/S Plan assets move in 2023?
Norec, LLC 401(k) P/S Plan surged - up 30.9% during 2023, from $3M to $4M. Reported net income was $913K.
How have Norec, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Norec, LLC's sponsor-wide assets grew 39.0%, from $3M to $4M.
Which 401(k) plans are similar in size to Norec, LLC 401(k) P/S Plan?
Among 401(k) plans in other states, the closest by assets is Paris Baguette 401(k) Plan in NJ ($4M, 522 participants).
Which 401(k) plans cover a similar participant headcount to Norec, LLC 401(k) P/S Plan?
Among 401(k) plans in other states, the closest by covered participants is Ear Nose and Throat of Northwest Georgia PC Profit Sharing Plan in GA (15 participants, $4M in assets).