Defined Benefit (Pension) · DOL Form 5500 · 2023

Broan-Nutone LLC Pension Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
127
Participants Small participant base
85th
Percentile by assets National rank
$391,660
Avg per participant High balance/head
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Official DOL plan name: Nortek Retirement Plan · Sponsored by Broan-Nutone LLC · Wisconsin · Manufacturing

$50M in assets, 127 participants

Broan-Nutone LLC's Nortek Retirement Plan reported $50M in total assets and 127 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,787 in Manufacturing (18,722 peers)

Coverage in Wisconsin

Nortek Retirement Plan covers 127 participants in Wisconsin, about 23% of the average Wisconsin filer (state average ~563 per filing). Assets: $50M.

#14,787
in Manufacturing (18,722 peers)
-0.9%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $436K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nortek Retirement Plan's outsized position by total assets

Nortek Retirement Plan vs every filed plan by assets

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

$49,740,801 Top 15% higher than 85% 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

Nortek 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. Nortek Retirement Plan sits mid-pack in the medium band (127 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nortek Retirement Plan reported net income rose from -$47M in the plan year 2022 filing to -$436K in the plan year 2023 filing.
  • Nortek Retirement Plan reported participants fell from 154 in the plan year 2022 filing to 127 in the plan year 2023 filing.
  • Nortek Retirement Plan end-of-year assets fell from $50M in the plan year 2022 filing to $50M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 050504397 · Broan-Nutone LLC PY 2023 · Defined Benefit (Pension)

Nortek Retirement Plan · $50M · 127 · 85th

  • BOOK $50M
  • BOOK 127
  • BOOK 85th
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  • BOOK near Michigan Milk Producers Association Pension Plan
  • BOOK ind #14787

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 Wisconsin →

Nortek Retirement Plan in the asset neighbourhood

Caterpillar Global Mining Legacy Hourly Employees' Pension PlanCaterpillar Global Mining Le…$50MNortek Retirement Plan$50MMichigan Milk Producers Association Pension PlanMichigan Milk Producers Asso…$50MPlumbers & Steamfitters Local 83 Pension FundPlumbers & Steamfitters Loca…$50MSignature Healthcare Retirement PlanSignature Healthcare Retirem…$50M
End-of-year total assets ($M) among Nortek Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Wisconsin filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$50M
Net Income-$436K
Employer EIN050504397
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Broan-Nutone LLC)

Sponsor-wide plan assets over time

All Broan-Nutone LLC plans reported in each filing year

Latest sponsor-wide plan assets
$44M 13.61763568174497% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $51.5M $44.5M ▼ -13.6%
Year Plans Participants Total Assets
2022 2 154 $51M
2023 2 127 $51M
2024 2 108 $44M

Nearby Defined Benefit (Pension) Plans in Wisconsin

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Nortek Retirement Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Nortek Retirement Plan, Total assets ($B): 0.049740801 · Participants: 127Nortek Retirement PlanThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.298151091 · Participants: 8348The Northwestern Mutual Employee Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 3.267131995 · Participants: 9960Building Trades United Pension Trust Fund Milwaukee and VicinityThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 2.08393057 · Participants: 7368The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.912240682 · Participants: 1560Harley-Davidson Retirement PlanRockwell Automation Pension Plan, Total assets ($B): 1.77661124 · Participants: 2136Rockwell Automation Pension Plan
Nortek Retirement Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
Compare Nortek Retirement Plan side-by-side with 3 peers →

Nortek Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Michigan Milk Producers Association Pension Plan in MI ($50M); by covered participants it is St Louis Community Credit Union Cash Balance Retirement Pension Plan in MO (127 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (127 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 Nortek Retirement Plan assets move in 2023? ▼
Nortek Retirement Plan held essentially flat - down 0.9% during 2023, from $50M to $50M. Reported net income was -$436K.
How have Broan-Nutone LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Broan-Nutone LLC's sponsor-wide assets declined 13.6%, from $51M to $44M.
Where does Nortek Retirement Plan rank by assets among Form 5500 filers? ▼
Nortek Retirement Plan ranks in the 85th 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 Defined Benefit (Pension) plans are similar in size to Nortek Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Michigan Milk Producers Association Pension Plan in MI ($50M, 106 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Nortek Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is St Louis Community Credit Union Cash Balance Retirement Pension Plan in MO (127 participants, $17M 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 050504397.

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.