401(k) · DOL Form 5500 · 2024

Norex, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
26
Participants Small participant base
45th
Percentile by assets National rank
$230,683
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Norex, Inc. 401(k) Plan · Sponsored by Norex, Inc. · Minnesota · Professional & Technical Services

$6M in assets, 26 participants

Norex, Inc.'s Norex, Inc. 401(k) Plan reported $6M in total assets and 26 participants in its 2024 DOL Form 5500 filing, ranking in the 45th 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.

  • #8,713 in Professional & Technical Services (20,173 peers)

2024 asset change

Norex, Inc. 401(k) Plan pulled back noticeably 8.5% in 2024 ($7M → $6M) for 26 participants.

#8,713
in Professional & Technical Services (20,173 peers)
-8.5%
assets change YoY

The plan reported a net loss of $560K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Norex, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Norex, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,997,763 45th percentile higher than 45% of 123,620 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 2024

Norex, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norex, Inc. 401(k) Plan is a small filing (26 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Norex, Inc. 401(k) Plan reported net income fell from $21K in the plan year 2023 filing to -$560K in the plan year 2024 filing.
  • Norex, Inc. 401(k) Plan reported participants fell from 33 in the plan year 2023 filing to 26 in the plan year 2024 filing.
  • Norex, Inc. 401(k) Plan end-of-year assets fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 411463978 · Norex, Inc. PY 2024 · 401(k)

Norex, Inc. 401(k) Plan · $6M · 26 · 45th

  • RANK $6M
  • RANK 26
  • RANK 45th
  • RANK 401(k)
  • RANK near Fischer, Richards & Walker, P.a. Employees' Profit Sharing Plan and Trust
  • RANK ind #8713

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Norex, Inc. 401(k) Plan in the asset neighbourhood

Norex, Inc. 401(k) Plan$6MFischer, Richards & Walker, P.a. Employees' Profit Sharing Plan and TrustFischer, Richards & Walker, …$6MHelms Performance Group, Inc. Employee 401(k) and Profit Sharing PlanHelms Performance Group, Inc…$6MTechnical Engineering Consultants 401(k)Technical Engineering Consul…$6MAdvanced Digital Cable, Inc 401(k) PlanAdvanced Digital Cable, Inc …$6M
End-of-year total assets ($M) among Norex, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Norex, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Norex, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 8.25110330954621% vs 2022
2024 filing year
$5.8M$6M$6.2M$6.4M$6.6M$6.8M 202220232024 $6.54M $6M ▼ -8.3%
Year Plans Participants Total Assets
2022 1 29 $7M
2023 1 33 $7M
2024 1 26 $6M

2024 asset-move particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$560K
Employer EIN411463978
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Norex, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Norex, Inc. 401(k) Plan, Total assets ($B): 0.005997763 · Participants: 26Norex, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Norex, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Norex, Inc. 401(k) Plan side-by-side with 3 peers →

Norex, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Fischer, Richards & Walker, P.a. Employees' Profit Sharing Plan and Trust in NC ($6M); by covered participants it is Mika Digital Services, Inc. 401(k) Plan in TX (26 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (26 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Norex, Inc. 401(k) Plan assets move in 2024? ▼
Norex, Inc. 401(k) Plan pulled back noticeably - down 8.5% during 2024, from $7M to $6M. Reported net income was -$560K.
How have Norex, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norex, Inc.'s sponsor-wide assets declined 8.3%, from $7M to $6M.
Which 401(k) plans are similar in size to Norex, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fischer, Richards & Walker, P.a. Employees' Profit Sharing Plan and Trust in NC ($6M, 44 participants).
Which 401(k) plans cover a similar participant headcount to Norex, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mika Digital Services, Inc. 401(k) Plan in TX (26 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411463978.

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.