401(k) · DOL Form 5500 · 2023

Norris Electric Cooperative 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
54
Participants Small participant base
79th
Percentile by assets National rank
$550,347
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Norris Electric Cooperative 401(k) Plan · Sponsored by Norris Electric Cooperative · Illinois · Utilities

$30M in assets, 54 participants

Norris Electric Cooperative's Norris Electric Cooperative 401(k) Plan reported $30M in total assets and 54 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #308 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Norris Electric Cooperative 401(k) Plan ranks #308 of 721 2023 filers by assets (1807% of the sector average)-$30M for 54 participants.

#308
in Utilities (721 peers)
+14.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Norris Electric Cooperative 401(k) Plan's outsized position by total assets

Norris Electric Cooperative 401(k) Plan vs every filed plan by assets

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

$29,718,712 Top 21% higher than 79% 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

Norris Electric Cooperative 401(k) 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. Norris Electric Cooperative 401(k) Plan is a small filing (54 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Norris Electric Cooperative 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Norris Electric Cooperative 401(k) Plan end-of-year assets rose from $26M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Norris Electric Cooperative 401(k) Plan reported participants rose from 53 in the plan year 2022 filing to 54 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 370442695 · Norris Electric Cooperative PY 2023 · 401(k)

Norris Electric Cooperative 401(k) Plan · $30M · 54 · 79th

  • IND $30M
  • IND 54
  • IND 79th
  • IND 401(k)
  • IND near Abel-Womack Employee Appreciation Savings Plan
  • IND ind #308

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 Utilities retirement plans → · Plans in Illinois →

Norris Electric Cooperative 401(k) Plan in the asset neighbourhood

Norris Electric Cooperative 401(k) PlanNorris Electric Cooperative …$30MAbel-Womack Employee Appreciation Savings PlanAbel-Womack Employee Appreci…$30MCapsa Solutions, LLC 401(k) Savings PlanCapsa Solutions, LLC 401(k) …$30MAjax Paving Industries of Florida, LLC 401(k) PlanAjax Paving Industries of Fl…$30MGlovis America, Inc. 401(k) PlanGlovis America, Inc. 401(k) …$30M
End-of-year total assets ($M) among Norris Electric Cooperative 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$30M
Net Income$4M
Employer EIN370442695
Plan Effective Date1970-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norris Electric Cooperative)

Sponsor-wide plan assets over time

All Norris Electric Cooperative plans reported in each filing year

Latest sponsor-wide plan assets
$31M 18.911696467708293% vs 2022
2024 filing year
$24M$26M$28M$30M$32M 202220232024 $25.9M $30.8M ▲ +18.9%
Year Plans Participants Total Assets
2022 1 53 $26M
2023 1 54 $30M
2024 1 51 $31M

Nearby 401(k) Plans in Illinois

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

Norris Electric Cooperative 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Norris Electric Cooperative 401(k) Plan, Total assets ($B): 0.029718712 · Participants: 54Norris Electric Cooperative 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Norris Electric Cooperative 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Norris Electric Cooperative 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Abel-Womack Employee Appreciation Savings Plan in MA ($30M); by covered participants it is Arco Publicidad Retirement Plan in PR (54 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (54 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 Norris Electric Cooperative 401(k) Plan assets move in 2023?
Norris Electric Cooperative 401(k) Plan grew at a solid clip - up 14.6% during 2023, from $26M to $30M. Reported net income was $4M.
How have Norris Electric Cooperative plan assets changed over time?
Across 3 plan years on file (2022-2024), Norris Electric Cooperative's sponsor-wide assets grew 18.9%, from $26M to $31M.
Where does Norris Electric Cooperative 401(k) Plan rank by assets among Form 5500 filers?
Norris Electric Cooperative 401(k) Plan ranks in the 79th 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 Norris Electric Cooperative 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Abel-Womack Employee Appreciation Savings Plan in MA ($30M, 234 participants).
Which 401(k) plans cover a similar participant headcount to Norris Electric Cooperative 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Arco Publicidad Retirement Plan in PR (54 participants, $231K in assets).