401(k) · DOL Form 5500 · 2023

The Norfolk Companies, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
203
Participants Below avg headcount
61st
Percentile by assets National rank
$55,999
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Norfolk Companies 401(k) Plan · Sponsored by The Norfolk Companies, Inc. · Massachusetts · Wholesale Trade

$11M in assets, 203 participants

The Norfolk Companies, Inc.'s Norfolk Companies 401(k) Plan reported $11M in total assets and 203 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #3,402 in Wholesale Trade (6,309 peers)

Coverage in Massachusetts

Norfolk Companies 401(k) Plan covers 203 participants in Massachusetts, about 31% of the average Massachusetts filer (state average ~659 per filing). Assets: $11M.

#3,402
in Wholesale Trade (6,309 peers)
+24.5%
assets growth YoY

Norfolk Companies 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

Norfolk Companies 401(k) Plan vs every filed plan by assets

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

$11,367,893 Top 39% higher than 61% 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

Norfolk Companies 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. Norfolk Companies 401(k) Plan sits mid-pack in the medium band (203 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Norfolk Companies 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Norfolk Companies 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Norfolk Companies 401(k) Plan reported participants rose from 177 in the plan year 2022 filing to 203 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 042424377 · The Norfolk Companies, Inc. PY 2023 · 401(k)

Norfolk Companies 401(k) Plan · $11M · 203 · 61st

  • VS-ST $11M
  • VS-ST 203
  • VS-ST 61st
  • VS-ST 401(k)
  • VS-ST near Motion Dynamics Corporation 401(k) Profit Sharing Plan
  • VS-ST ind #3402

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 Massachusetts →

Norfolk Companies 401(k) Plan in the asset neighbourhood

Norfolk Companies 401(k) Plan$11MMotion Dynamics Corporation 401(k) Profit Sharing PlanMotion Dynamics Corporation …$11MThe Law Offices of Larry H. Parker, Inc. 401(k) Profit Sharing PlanThe Law Offices of Larry H. …$11MDp&f 401(k) Plan$11MAppspace 401(k) Plan$11M
End-of-year total assets ($M) among Norfolk Companies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN042424377
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Norfolk Companies, Inc.)

Sponsor-wide plan assets over time

All The Norfolk Companies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 39.957131768616236% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.13M $12.8M ▲ +40.0%
Year Plans Participants Total Assets
2022 1 177 $9M
2023 1 203 $11M
2024 1 199 $13M

Nearby 401(k) Plans in Massachusetts

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

Norfolk Companies 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Norfolk Companies 401(k) Plan, Total assets ($B): 0.011367893 · Participants: 203Norfolk Companies 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Norfolk Companies 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Norfolk Companies 401(k) Plan side-by-side with 3 peers →

Norfolk Companies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Motion Dynamics Corporation 401(k) Profit Sharing Plan in MI ($11M); by covered participants it is Permian Ford-Lincoln-Mercury, Inc. 401(k) Profit Sharing Plan in NM (203 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (203 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 Norfolk Companies 401(k) Plan assets move in 2023? ▼
Norfolk Companies 401(k) Plan grew sharply - up 24.5% during 2023, from $9M to $11M. Reported net income was $2M.
How have The Norfolk Companies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Norfolk Companies, Inc.'s sponsor-wide assets grew 40.0%, from $9M to $13M.
Which 401(k) plans are similar in size to Norfolk Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Motion Dynamics Corporation 401(k) Profit Sharing Plan in MI ($11M, 230 participants).
Which 401(k) plans cover a similar participant headcount to Norfolk Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Permian Ford-Lincoln-Mercury, Inc. 401(k) Profit Sharing Plan in NM (203 participants, $7M 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 042424377.

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.