401(k) · DOL Form 5500 · 2023

Norwood Medical, LLC 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
1,218
Participants Near avg headcount
88th
Percentile by assets National rank
$52,436
Avg per participant Low balance/head
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Official DOL plan name: Norwood Medical Employee Savings Plan and Trust · Sponsored by Norwood Medical, LLC · Ohio · Manufacturing

$64M in assets, 1,218 participants

Norwood Medical, LLC's Norwood Medical Employee Savings Plan and Trust reported $64M in total assets and 1,218 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,373 in Manufacturing (18,722 peers)

Where Norwood Medical Employee Savings Plan and Trust sits by assets

Norwood Medical Employee Savings Plan and Trust sits in the top quartile of all filed plans by assets, $64M for 1,218 participants (~$52,436/participant), up 17.6% in 2023.

#15,373
in Manufacturing (18,722 peers)
+17.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Norwood Medical Employee Savings Plan and Trust's outsized position by total assets

Norwood Medical Employee Savings Plan and Trust vs every filed plan by assets

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

$63,867,326 Top 12% higher than 88% 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

Norwood Medical Employee Savings Plan and Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norwood Medical Employee Savings Plan and Trust lands in the large band (1,218 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Norwood Medical Employee Savings Plan and Trust reported net income rose from -$12M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Norwood Medical Employee Savings Plan and Trust end-of-year assets rose from $54M in the plan year 2022 filing to $64M in the plan year 2023 filing.
  • Norwood Medical Employee Savings Plan and Trust reported participants rose from 1,156 in the plan year 2022 filing to 1,218 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 311013821 · Norwood Medical, LLC PY 2023 · 401(k)

Norwood Medical Employee Savings Plan and Trust · $64M · 1,218 · 88th

  • BOY $64M
  • SCH 1,218
  • EBSA 88th
  • PART 401(k)
  • TYPE near Delta Dental of Wisconsin, Inc. Retirement Plan
  • NET ind #15373

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 Ohio →

Norwood Medical Employee Savings Plan and Trust in the asset neighbourhood

Ryobi Die Casting (USA), Inc. Retirement and Savings PlanRyobi Die Casting (USA), Inc…$64MNorwood Medical Employee Savings Plan and TrustNorwood Medical Employee Sav…$64MDelta Dental of Wisconsin, Inc. Retirement PlanDelta Dental of Wisconsin, I…$64MThe Tri-M Group, L.L.C. 401(k) Savings & Investment PlanThe Tri-M Group, L.L.C. 401(…$64MTrinity Partners, LLC 401(k) Profit Sharing PlanTrinity Partners, LLC 401(k)…$64M
End-of-year total assets ($M) among Norwood Medical Employee Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$64M
Net Income$10M
Employer EIN311013821
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norwood Medical, LLC)

Sponsor-wide plan assets over time

All Norwood Medical, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$70M 29.61811700999229% vs 2022
2024 filing year
$50M$55M$60M$65M$70M$75M 202220232024 $54.3M $70.4M ▲ +29.6%
Year Plans Participants Total Assets
2022 1 1,156 $54M
2023 1 1,218 $64M
2024 1 1,200 $70M

Nearby 401(k) Plans in Ohio

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

Norwood Medical Employee Savings Plan and Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Norwood Medical Employee Savings Plan and Trust, Total assets ($B): 0.063867326 · Participants: 1218Norwood Medical Employee Savings Plan and TrustGE 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
Norwood Medical Employee Savings Plan and Trust vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Norwood Medical Employee Savings Plan and Trust side-by-side with 3 peers →

Norwood Medical Employee Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Delta Dental of Wisconsin, Inc. Retirement Plan in WI ($64M); by covered participants it is Udr, Inc. 401(k) Plan in CO (1,218 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,218 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 Norwood Medical Employee Savings Plan and Trust assets move in 2023? ▼
Norwood Medical Employee Savings Plan and Trust grew sharply - up 17.6% during 2023, from $54M to $64M. Reported net income was $10M.
How have Norwood Medical, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norwood Medical, LLC's sponsor-wide assets grew 29.6%, from $54M to $70M.
Where does Norwood Medical Employee Savings Plan and Trust rank by assets among Form 5500 filers? ▼
Norwood Medical Employee Savings Plan and Trust ranks in the 88th 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 Norwood Medical Employee Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Delta Dental of Wisconsin, Inc. Retirement Plan in WI ($64M, 327 participants).
Which 401(k) plans cover a similar participant headcount to Norwood Medical Employee Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Udr, Inc. 401(k) Plan in CO (1,218 participants, $96M 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 311013821.

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.