401(k) · DOL Form 5500 · 2024

Nor-Am, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets: 517
Participants Below avg headcount: 63rd
Percentile by assets National rank: $26,920
Avg per participant Low balance/head

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Official DOL plan name: Nor-Am 401(k) Plan and Trust · Sponsored by Nor-Am, Inc. · Iowa · Transportation & Warehousing

$14M in assets, 517 participants

Nor-Am, Inc.'s Nor-Am 401(k) Plan and Trust reported $14M in total assets and 517 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

#2,104 in Transportation & Warehousing (3,299 peers)

Nor-Am, Inc. multi-year trail

Nor-Am, Inc.'s plans moved +67.0% in assets from 2022 to 2024; this filing shows Nor-Am 401(k) Plan and Trust at $14M / 517 participants.

#2,104
in Transportation & Warehousing (3,299 peers): +24.0%
assets growth YoY

Nor-Am 401(k) Plan and Trust's mid-pack asset rank among Transportation & Warehousing and all filers

Nor-Am 401(k) Plan and Trust vs every filed plan by assets

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

$13,917,727 Top 37% higher than 63% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Nor-Am 401(k) Plan and Trust 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. Nor-Am 401(k) Plan and Trust sits mid-pack in the medium band (517 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Nor-Am 401(k) Plan and Trust end-of-year assets rose from $11M in the plan year 2023 filing to $14M in the plan year 2024 filing.
Nor-Am 401(k) Plan and Trust reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 421472573 · Nor-Am, Inc. PY 2024 · 401(k)

Nor-Am 401(k) Plan and Trust · $14M · 517 · 63rd

TYPE $14M
NET 517
BOOK 63rd
VS-ST 401(k)
BOY near Atl Technology, Lc 401(k) Ps Plan and Trust
SCH ind #2104

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 Transportation & Warehousing retirement plans → · Plans in Iowa →

End-of-year total assets ($M) among Nor-Am 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Nor-Am, Inc. multi-year asset trail

Latest sponsor-wide plan assets: $14M 66.95695369918633% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	470	$8M
2023	1	518	$11M
2024	1	517	$14M

Nor-Am, Inc. filing trail (2024)

Total Assets (Beginning of Year)	$11M
Net Assets (End of Year)	$14M
Net Income	$3M
Employer EIN	421472573
Plan Effective Date	2010-01-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Iowa

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

Nor-Am 401(k) Plan and Trust vs. nearby 401(k) plans in Iowa, assets vs. participants

The Principal Select Savings Plan $4.6B · 12,841
The Rsm US LLP Retirement Plan $3.4B · 14,728
Iowa Health System Section 401(k) Retirement Savings Plan $3.3B · 25,072
The Hy-Vee and Affiliates 401(k) Plan $3.1B · 55,411
Transamerica 401(k) Retirement Savings Plan $2.7B · 8,059

Compare Nor-Am 401(k) Plan and Trust side-by-side with 3 peers →

Nor-Am 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Atl Technology, Lc 401(k) Ps Plan and Trust in UT ($14M); by covered participants it is Magnitude 7 Metals 401(k) Plan in MO (517 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Atl Technology, Lc 401(k) Ps Plan and Trust (UT) $14M · 90
The Innocence Project, Inc. 401(k) Plan (NY) $14M · 86
Mason Mcduffie Mortgage Corporation (CA) $14M · 338
Bryan Associated Group 401(k) and Profit Sharing Plan (PA) $14M · 124

Similar participant headcount

Nearest other-state filings by covered participants (517 participants); asset peers above are excluded.

Magnitude 7 Metals 401(k) Plan (MO) 517 · 0 off
Pgna, Inc. Savings Plan (PA) 517 · 0 off
World Travel, Inc. 401(k) Plan (PA) 517 · 0 off
Micropulse, Inc. 401(k) Plan (IN) 517 · 0 off

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 Nor-Am 401(k) Plan and Trust assets move in 2024? ▼

Nor-Am 401(k) Plan and Trust grew sharply - up 24.0% during 2024, from $11M to $14M. Reported net income was $3M.

How have Nor-Am, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Nor-Am, Inc.'s sponsor-wide assets grew 67.0%, from $8M to $14M.

Which 401(k) plans are similar in size to Nor-Am 401(k) Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is Atl Technology, Lc 401(k) Ps Plan and Trust in UT ($14M, 90 participants).

Which 401(k) plans cover a similar participant headcount to Nor-Am 401(k) Plan and Trust? ▼

Among 401(k) plans in other states, the closest by covered participants is Magnitude 7 Metals 401(k) Plan in MO (517 participants, N/A 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 421472573.