ESOP · DOL Form 5500 · 2023

Norstam Veneers, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
47
Participants Small participant base
34th
Percentile by assets National rank
$55,298
Avg per participant Low balance/head
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Official DOL plan name: Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan · Sponsored by Norstam Veneers, Inc. · Indiana · Manufacturing

$3M in assets, 47 participants

Norstam Veneers, Inc.'s Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan reported $3M in total assets and 47 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #3,269 in Manufacturing (18,722 peers)

What the 2023 filing shows

Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan holds $3M for 47 participants - about $55,298 per participant, in the lower half of filed plans by assets.

#3,269
in Manufacturing (18,722 peers)
+2.9%
assets growth YoY

Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan vs every filed plan by assets

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

$2,599,003 34th percentile higher than 34% 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

Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan is a small filing (47 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan reported net income fell from $522K in the plan year 2022 filing to $72K in the plan year 2023 filing.
  • Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan reported participants rose from 43 in the plan year 2022 filing to 47 in the plan year 2023 filing.
  • Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 351174892 · Norstam Veneers, Inc. PY 2023 · ESOP

Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan · $3M · 47 · 34th

  • ASSETS $3M
  • ASSETS 47
  • ASSETS 34th
  • ASSETS ESOP
  • ASSETS near Suburban Towing Inc Employee Stock Ownership Plan
  • ASSETS ind #3269

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 What is an ESOP? → · Plans in Indiana →

Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan in the asset neighbourhood

Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership PlanNorstam Veneers, Inc. Amende…$3MSuburban Towing Inc Employee Stock Ownership PlanSuburban Towing Inc Employee…$3MPacific Cabinets Holding, Inc. Employee Stock Ownership PlanPacific Cabinets Holding, In…$3MPro-Cast Products, Inc. Employee Stock Ownership PlanPro-Cast Products, Inc. Empl…$3MEdward Kurth & Sons, Inc. Employee Stock Ownership PlanEdward Kurth & Sons, Inc. Em…$3M
End-of-year total assets ($M) among Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$72K
Employer EIN351174892
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norstam Veneers, Inc.)

Sponsor-wide plan assets over time

All Norstam Veneers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 7.061570082650519% vs 2022
2024 filing year
$2.3M$2.4M$2.5M$2.6M$2.7M 202220232024 $2.53M $2.35M ▼ -7.1%
Year Plans Participants Total Assets
2022 1 43 $3M
2023 1 47 $3M
2024 1 45 $2M

Nearby ESOP Plans in Indiana

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

Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.522.5 Total assets ($B) Participants Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan, Total assets ($B): 0.002599003 · Participants: 47Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.921766853 · Participants: 3535Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.36648086 · Participants: 487Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.364505967 · Participants: 1242Nibco Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.138902309 · Participants: 363Superior Industrial Solutions, Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.135390454 · Participants: 558Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan
Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan side-by-side with 3 peers →

Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Suburban Towing Inc Employee Stock Ownership Plan in KY ($3M); by covered participants it is Buse Timber & Sales, Inc. Employee Stock Ownership Plan in WA (47 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (47 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 Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan assets move in 2023? ▼
Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan edged up modestly - up 2.9% during 2023, from $3M to $3M. Reported net income was $72K.
How have Norstam Veneers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norstam Veneers, Inc.'s sponsor-wide assets declined 7.1%, from $3M to $2M.
Which ESOP plans are similar in size to Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Suburban Towing Inc Employee Stock Ownership Plan in KY ($3M, 44 participants).
Which ESOP plans cover a similar participant headcount to Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Buse Timber & Sales, Inc. Employee Stock Ownership Plan in WA (47 participants, $15M 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 351174892.

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.