401(k) · DOL Form 5500 · 2023

Nordic Fiberglass, Inc. 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
125
Participants Small participant base
81st
Percentile by assets National rank
$270,187
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nordic Fiberglass Inc. Profit Sharing 401(k) Plan · Sponsored by Nordic Fiberglass, Inc. · Minnesota · Manufacturing

$34M in assets, 125 participants

Nordic Fiberglass, Inc.'s Nordic Fiberglass Inc. Profit Sharing 401(k) Plan reported $34M in total assets and 125 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #13,673 in Manufacturing (18,722 peers)

Coverage in Minnesota

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan covers 125 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $34M.

#13,673
in Manufacturing (18,722 peers)
+14.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan's outsized position by total assets

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan vs every filed plan by assets

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

$33,773,333 Top 19% higher than 81% 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

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nordic Fiberglass Inc. Profit Sharing 401(k) Plan sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nordic Fiberglass Inc. Profit Sharing 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Nordic Fiberglass Inc. Profit Sharing 401(k) Plan end-of-year assets rose from $30M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Nordic Fiberglass Inc. Profit Sharing 401(k) Plan reported participants rose from 112 in the plan year 2022 filing to 125 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 450309198 · Nordic Fiberglass, Inc. PY 2023 · 401(k)

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan · $34M · 125 · 81st

  • EIN $34M
  • RANK 125
  • PHOTO 81st
  • IND 401(k)
  • EOY near Midwest Banc Holding Company 401(k) and Profit Sharing Plan
  • 5500 ind #13673

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 Manufacturing retirement plans → · Plans in Minnesota →

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan in the asset neighbourhood

Applied Composites Retirement PlanApplied Composites Retiremen…$34MEvi Industries, Inc. 401(k) PlanEvi Industries, Inc. 401(k) …$34MNordic Fiberglass Inc. Profit Sharing 401(k) PlanNordic Fiberglass Inc. Profi…$34MMidwest Banc Holding Company 401(k) and Profit Sharing PlanMidwest Banc Holding Company…$34MKraftcpas PLLC Retirement Savings PlanKraftcpas PLLC Retirement Sa…$34M
End-of-year total assets ($M) among Nordic Fiberglass Inc. Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$34M
Net Income$4M
Employer EIN450309198
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nordic Fiberglass, Inc.)

Sponsor-wide plan assets over time

All Nordic Fiberglass, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$193K 99.34636560804792% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $29.6M $0.19M ▼ -99.4%
Year Plans Participants Total Assets
2022 1 112 $30M
2023 1 125 $34M
2024 1 111 $193K

Nearby 401(k) Plans in Minnesota

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

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Nordic Fiberglass Inc. Profit Sharing 401(k) Plan, Total assets ($B): 0.033773333 · Participants: 125Nordic Fiberglass Inc. Profit Sharing 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Nordic Fiberglass Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Nordic Fiberglass Inc. Profit Sharing 401(k) Plan side-by-side with 3 peers →

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Midwest Banc Holding Company 401(k) and Profit Sharing Plan in NE ($34M); by covered participants it is R. C. Construction Co., Inc. 401(k) Salary Savings Plan in MS (125 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (125 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 Nordic Fiberglass Inc. Profit Sharing 401(k) Plan assets move in 2023? ▼
Nordic Fiberglass Inc. Profit Sharing 401(k) Plan grew at a solid clip - up 14.2% during 2023, from $30M to $34M. Reported net income was $4M.
How have Nordic Fiberglass, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nordic Fiberglass, Inc.'s sponsor-wide assets declined 99.3%, from $30M to $193K.
Where does Nordic Fiberglass Inc. Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Nordic Fiberglass Inc. Profit Sharing 401(k) Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nordic Fiberglass Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Midwest Banc Holding Company 401(k) and Profit Sharing Plan in NE ($34M, 177 participants).
Which 401(k) plans cover a similar participant headcount to Nordic Fiberglass Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is R. C. Construction Co., Inc. 401(k) Salary Savings Plan in MS (125 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450309198.

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.