401(k) · DOL Form 5500 · 2024

Nordic Fiberglass, Inc. 401(k) Plan

Data updated 2026-08-25

$193K
Total assets Small plan by assets
111
Participants Small participant base
10th
Percentile by assets National rank
$1,742
Avg per participant Low balance/head
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Official DOL plan name: Nordic Fiberglass Inc. Profit Sharing 401(k) Plan · Sponsored by Nordic Fiberglass, Inc. · Minnesota · Manufacturing

$193K in assets, 111 participants

Nordic Fiberglass, Inc.'s Nordic Fiberglass Inc. Profit Sharing 401(k) Plan reported $193K in total assets and 111 participants in its 2024 DOL Form 5500 filing, ranking in the 10th 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.

  • #677 in Manufacturing (17,777 peers)

Coverage in Minnesota

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan covers 111 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $193K.

#677
in Manufacturing (17,777 peers)
-99.4%
assets change YoY

The plan reported a net loss of $34M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan among the smaller filed plans by assets

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan vs every filed plan by assets

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

$193,331 10th percentile higher than 10% 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

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nordic Fiberglass Inc. Profit Sharing 401(k) Plan sits mid-pack in the medium band (111 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nordic Fiberglass Inc. Profit Sharing 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to -$34M in the plan year 2024 filing.
  • Nordic Fiberglass Inc. Profit Sharing 401(k) Plan end-of-year assets fell from $34M in the plan year 2023 filing to $193K in the plan year 2024 filing.
  • Nordic Fiberglass Inc. Profit Sharing 401(k) Plan reported participants fell from 125 in the plan year 2023 filing to 111 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 450309198 · Nordic Fiberglass, Inc. PY 2024 · 401(k)

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan · $193K · 111 · 10th

  • RANK $193K
  • PHOTO 111
  • IND 10th
  • EOY 401(k)
  • 5500 near Zaccam, Inc. 401(k) Profit Sharing Plan
  • ASSETS ind #677

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 Minnesota →

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan in the asset neighbourhood

Nordic Fiberglass Inc. Profit Sharing 401(k) PlanNordic Fiberglass Inc. Profi…$193KZaccam, Inc. 401(k) Profit Sharing PlanZaccam, Inc. 401(k) Profit S…$193KAristaeus Craft Brewing Company 401(k) PlanAristaeus Craft Brewing Comp…$193KSsk 401(k) Trust$193KSaaf Traders, Inc. 401(k) PlanSaaf Traders, Inc. 401(k) Pl…$193K
End-of-year total assets ($M) among Nordic Fiberglass Inc. Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$193K
Net Income-$34M
Employer EIN450309198
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nordic Fiberglass, Inc.)

Sponsor-wide plan assets over time

All Nordic Fiberglass, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$193K 99.34636560804792% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $29.6M $0.19M ▼ -99.4%
Year Plans Participants Total Assets
2022 1 112 $30M
2023 1 125 $34M
2024 1 111 $193K

Nearby 401(k) Plans in Minnesota

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

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Nordic Fiberglass Inc. Profit Sharing 401(k) Plan, Total assets ($B): 0.000193331 · Participants: 111Nordic Fiberglass Inc. Profit Sharing 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
Nordic Fiberglass Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Nordic Fiberglass Inc. Profit Sharing 401(k) Plan side-by-side with 3 peers →

Nordic Fiberglass Inc. Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Zaccam, Inc. 401(k) Profit Sharing Plan in NJ ($193K); by covered participants it is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (111 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($193K here).

Similar participant headcount

Nearest other-state filings by covered participants (111 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 Nordic Fiberglass Inc. Profit Sharing 401(k) Plan assets move in 2024? ▼
Nordic Fiberglass Inc. Profit Sharing 401(k) Plan contracted severely - down 99.4% during 2024, from $34M to $193K. Reported net income was -$34M.
How have Nordic Fiberglass, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nordic Fiberglass, Inc.'s sponsor-wide assets declined 99.3%, from $30M to $193K.
Where does Nordic Fiberglass Inc. Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Nordic Fiberglass Inc. Profit Sharing 401(k) Plan ranks in the 10th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Nordic Fiberglass Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Zaccam, Inc. 401(k) Profit Sharing Plan in NJ ($193K, 6 participants).
Which 401(k) plans cover a similar participant headcount to Nordic Fiberglass Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (111 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 450309198.

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.