401(k) · DOL Form 5500 · 2023

Norman Equipment Company 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
86
Participants Small participant base
59th
Percentile by assets National rank
$120,336
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan · Sponsored by Norman Equipment Company · Illinois · Wholesale Trade

$10M in assets, 86 participants

Norman Equipment Company's Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan reported $10M in total assets and 86 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #3,242 in Wholesale Trade (6,309 peers)

What the 2023 filing shows

Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan holds $10M for 86 participants - about $120,336 per participant, above the median plan by assets.

#3,242
in Wholesale Trade (6,309 peers)
-6.7%
assets change YoY

The plan reported a net loss of $747K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan vs every filed plan by assets

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

$10,348,876 Top 41% higher than 59% 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

Norman Equipment Company Tax-Deferred Savings and Profit Sharing 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. Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan is a small filing (86 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to -$747K in the plan year 2023 filing.
  • Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan reported participants rose from 73 in the plan year 2022 filing to 86 in the plan year 2023 filing.
  • Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan end-of-year assets fell from $11M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 362089220 · Norman Equipment Company PY 2023 · 401(k)

Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan · $10M · 86 · 59th

  • ASSETS $10M
  • ASSETS 86
  • ASSETS 59th
  • ASSETS 401(k)
  • ASSETS near Aeye, Inc. 401(k) Plan
  • ASSETS ind #3242

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 Wholesale Trade retirement plans → · Plans in Illinois →

Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan in the asset neighbourhood

Norman Equipment Company Tax-Deferred Savings and Profit Sharing PlanNorman Equipment Company Tax…$10MAeye, Inc. 401(k) Plan$10MAgricultural Bank of China 401(k) PlanAgricultural Bank of China 4…$10MAvair, LLC 401(k) Profit Sharing PlanAvair, LLC 401(k) Profit Sha…$10MMynd 401(k) Plan$10M
End-of-year total assets ($M) among Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income-$747K
Employer EIN362089220
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norman Equipment Company)

Sponsor-wide plan assets over time

All Norman Equipment Company plans reported in each filing year

Latest sponsor-wide plan assets
$10M 6.728919032088918% vs 2022
2023 filing year
$10M$10.5M$11M$11.5M 20222023 $11.1M $10.4M ▼ -6.8%
Year Plans Participants Total Assets
2022 1 73 $11M
2023 1 86 $10M

Nearby 401(k) Plans in Illinois

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

Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan, Total assets ($B): 0.010348876 · Participants: 86Norman Equipment Company Tax-Deferred Savings and Profit Sharing 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
Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan side-by-side with 3 peers →

Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Aeye, Inc. 401(k) Plan in CA ($10M); by covered participants it is Digestive Health Clinic, LLC 401(k) Profit Sharing Plan in ID (86 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (86 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 Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan assets move in 2023? ▼
Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan pulled back noticeably - down 6.7% during 2023, from $11M to $10M. Reported net income was -$747K.
How have Norman Equipment Company plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Norman Equipment Company's sponsor-wide assets declined 6.7%, from $11M to $10M.
Which 401(k) plans are similar in size to Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aeye, Inc. 401(k) Plan in CA ($10M, 155 participants).
Which 401(k) plans cover a similar participant headcount to Norman Equipment Company Tax-Deferred Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Digestive Health Clinic, LLC 401(k) Profit Sharing Plan in ID (86 participants, $14M 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 362089220.

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.