401(k) · DOL Form 5500 · 2023

Norwood Life Society 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
497
Participants Below avg headcount
58th
Percentile by assets National rank
$19,880
Avg per participant Low balance/head
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Official DOL plan name: Norwood Life Society Employees' Retirement Plan · Sponsored by Norwood Life Society · Illinois · Healthcare & Social Assistance

$10M in assets, 497 participants

Norwood Life Society's Norwood Life Society Employees' Retirement Plan reported $10M in total assets and 497 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #11,309 in Healthcare & Social Assistance (17,684 peers)

Norwood Life Society multi-year trail

Norwood Life Society's plans moved +23.1% in assets from 2022 to 2024; this filing shows Norwood Life Society Employees' Retirement Plan at $10M / 497 participants.

#11,309
in Healthcare & Social Assistance (17,684 peers)
+8.3%
assets growth YoY

Norwood Life Society Employees' Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Norwood Life Society Employees' Retirement Plan vs every filed plan by assets

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

$9,880,200 Top 42% higher than 58% 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 Life Society Employees' Retirement 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. Norwood Life Society Employees' Retirement Plan sits mid-pack in the medium band (497 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Norwood Life Society Employees' Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $756K in the plan year 2023 filing.
  • Norwood Life Society Employees' Retirement Plan reported participants rose from 377 in the plan year 2022 filing to 497 in the plan year 2023 filing.
  • Norwood Life Society Employees' Retirement Plan end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 562663863 · Norwood Life Society PY 2023 · 401(k)

Norwood Life Society Employees' Retirement Plan · $10M · 497 · 58th

  • PHOTO $10M
  • IND 497
  • EOY 58th
  • 5500 401(k)
  • ASSETS near Unitech Composites 401(k) Plan
  • PCT ind #11309

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 Healthcare & Social Assistance retirement plans → · Plans in Illinois →

Norwood Life Society Employees' Retirement Plan in the asset neighbourhood

Norwood Life Society Employees' Retirement PlanNorwood Life Society Employe…$10MUnitech Composites 401(k) PlanUnitech Composites 401(k) Pl…$10MKeystone Custom Management, LLC 401(k) PlanKeystone Custom Management, …$10MNetwrix Corporation 401(k) Profit Sharing PlanNetwrix Corporation 401(k) P…$10MSeven Seas Water Corporation 401(k) Profit Sharing PlanSeven Seas Water Corporation…$10M
End-of-year total assets ($M) among Norwood Life Society Employees' Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Norwood Life Society multi-year asset trail

Sponsor-wide plan assets over time

All Norwood Life Society plans reported in each filing year

Latest sponsor-wide plan assets
$11M 23.13334384753977% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $9.12M $11.2M ▲ +23.1%
Year Plans Participants Total Assets
2022 1 377 $9M
2023 1 497 $10M
2024 1 240 $11M

Norwood Life Society filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$756K
Employer EIN562663863
Plan Effective Date1998-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Norwood Life Society Employees' Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Norwood Life Society Employees' Retirement Plan, Total assets ($B): 0.0098802 · Participants: 497Norwood Life Society Employees' Retirement 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
Norwood Life Society Employees' Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Norwood Life Society Employees' Retirement Plan side-by-side with 3 peers →

Norwood Life Society Employees' Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Unitech Composites 401(k) Plan in ID ($10M); by covered participants it is First York Ban Corp and Subsidiaries Profit Sharing Plan in NE (497 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (497 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 Life Society Employees' Retirement Plan assets move in 2023? ▼
Norwood Life Society Employees' Retirement Plan grew at a solid clip - up 8.3% during 2023, from $9M to $10M. Reported net income was $756K.
How have Norwood Life Society plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norwood Life Society's sponsor-wide assets grew 23.1%, from $9M to $11M.
Which 401(k) plans are similar in size to Norwood Life Society Employees' Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Unitech Composites 401(k) Plan in ID ($10M, 136 participants).
Which 401(k) plans cover a similar participant headcount to Norwood Life Society Employees' Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is First York Ban Corp and Subsidiaries Profit Sharing Plan in NE (497 participants, $49M 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 562663863.

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.