Profit Sharing · DOL Form 5500 · 2023

The Nord Center Profit Sharing Plan

Data updated 2026-08-11

$11M
Total assets
244
Participants
60th
Percentile by assets
$43,432
Avg per participant
PlainRetire home → About this data

Official DOL plan name: The Nord Center Retirement Plan · Sponsored by The Nord Center · Ohio · Healthcare & Social Assistance

$11M in assets, 244 participants

The Nord Center's The Nord Center Retirement Plan reported $11M in total assets and 244 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 127,072 plans)
  • #11,562 in Healthcare & Social Assistance (17,684 peers)

Coverage in Ohio

The Nord Center Retirement Plan covers 244 participants in Ohio, about 32% of the average Ohio filer (state average ~765 per filing). Assets: $11M.

$11M
total plan assets (2023 EOY)
244
covered participants
60th
percentile by assets (of 127,072 plans)
$43,432
avg assets per participant

The plan reported a net loss of $404K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Nord Center Retirement Plan sits by total assets

The Nord Center Retirement Plan vs every filed plan by assets

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

$10,597,357 Top 40% higher than 60% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Nord Center Retirement Plan reported net income fell from $712K in the plan year 2022 filing to -$404K in the plan year 2023 filing.
  • The Nord Center Retirement Plan end-of-year assets fell from $11M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • The Nord Center Retirement Plan reported participants fell from 251 in the plan year 2022 filing to 244 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. The Nord Center Retirement Plan reports 244 participants - about 32% of that state average ($11M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income-$404K
Employer EIN340949459
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Nord Center)

$10M$11M$12M$13M$14M 202220232024 $11M $13M ▲ +18.3%
Total plan assets by year, all The Nord Center plans on file
Year Plans Participants Total Assets
2022 1 251 $11M
2023 1 244 $11M
2024 2 609 $13M

Nearby Profit Sharing Plans in Ohio

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

The Nord Center Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

The Nord Center Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants The Nord Center Reti…Cleveland Clinic Inv…Masterbrand, Inc. Re…The Employer Retirem…Three Rivers Annuity…Holzer Health System…
The Nord Center Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to The Nord Center Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did The Nord Center Retirement Plan assets move in 2023?
The Nord Center Retirement Plan edged down modestly - down 3.7% during 2023, from $11M to $11M. Reported net income was -$404K.
How have The Nord Center plan assets changed over time?
Across 3 plan years on file (2022-2024), The Nord Center's sponsor-wide assets grew 18.3%, from $11M to $13M.
Which Profit Sharing plans are similar in size to The Nord Center Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Chartmaker Records Inc Profit Sharing Plan in CA ($11M, 2 participants).

Filing takeaways

Ways to act on The Nord Center Retirement Plan's numbers.