401(k) · DOL Form 5500 · 2023

Norkol, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
198
Participants Below avg headcount
69th
Percentile by assets National rank
$84,337
Avg per participant Below avg balance/head
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Official DOL plan name: Norkol, Inc. Profit Sharing and Savings Plan · Sponsored by Norkol, Inc. · Illinois · Wholesale Trade

$17M in assets, 198 participants

Norkol, Inc.'s Norkol, Inc. Profit Sharing and Savings Plan reported $17M in total assets and 198 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,094 in Wholesale Trade (6,309 peers)

Coverage in Illinois

Norkol, Inc. Profit Sharing and Savings Plan covers 198 participants in Illinois, about 25% of the average Illinois filer (state average ~779 per filing). Assets: $17M.

#4,094
in Wholesale Trade (6,309 peers)
+16.3%
assets growth YoY

Norkol, Inc. Profit Sharing and Savings Plan's outsized position by total assets

Norkol, Inc. Profit Sharing and Savings Plan vs every filed plan by assets

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

$16,698,631 Top 31% higher than 69% 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

Norkol, Inc. Profit Sharing and Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norkol, Inc. Profit Sharing and Savings Plan sits mid-pack in the medium band (198 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Norkol, Inc. Profit Sharing and Savings Plan reported net income rose from -$29K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Norkol, Inc. Profit Sharing and Savings Plan end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Norkol, Inc. Profit Sharing and Savings Plan reported participants rose from 191 in the plan year 2022 filing to 198 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 362648905 · Norkol, Inc. PY 2023 · 401(k)

Norkol, Inc. Profit Sharing and Savings Plan · $17M · 198 · 69th

  • BOOK $17M
  • VS-ST 198
  • BOY 69th
  • SCH 401(k)
  • EBSA near Brek Manufacturing Co. Employee Savings Plan
  • PART ind #4094

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 Wholesale Trade retirement plans → · Plans in Illinois →

Norkol, Inc. Profit Sharing and Savings Plan in the asset neighbourhood

Norkol, Inc. Profit Sharing and Savings PlanNorkol, Inc. Profit Sharing …$17MBrek Manufacturing Co. Employee Savings PlanBrek Manufacturing Co. Emplo…$17MCambridge-Lee Industries Union Retirement PlanCambridge-Lee Industries Uni…$17MMintz Group LLC 401(k) Savings PlanMintz Group LLC 401(k) Savin…$17MBraswell Family Farms 401(k) PlanBraswell Family Farms 401(k)…$17M
End-of-year total assets ($M) among Norkol, Inc. Profit Sharing and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN362648905
Plan Effective Date1992-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norkol, Inc.)

Sponsor-wide plan assets over time

All Norkol, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 16.292760593049774% vs 2022
2023 filing year
$14M$15M$16M$17M 20222023 $14.4M $16.7M ▲ +16.3%
Year Plans Participants Total Assets
2022 1 191 $14M
2023 1 198 $17M

Nearby 401(k) Plans in Illinois

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

Norkol, Inc. Profit Sharing and Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Norkol, Inc. Profit Sharing and Savings Plan, Total assets ($B): 0.016698631 · Participants: 198Norkol, Inc. Profit Sharing and Savings PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Norkol, Inc. Profit Sharing and Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Norkol, Inc. Profit Sharing and Savings Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Brek Manufacturing Co. Employee Savings Plan in CA ($17M); by covered participants it is Wampum Hardware Co. Profit Sharing 401(k) Plan in PA (198 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (198 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 Norkol, Inc. Profit Sharing and Savings Plan assets move in 2023? ▼
Norkol, Inc. Profit Sharing and Savings Plan grew sharply - up 16.3% during 2023, from $14M to $17M. Reported net income was $2M.
How have Norkol, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Norkol, Inc.'s sponsor-wide assets grew 16.3%, from $14M to $17M.
Which 401(k) plans are similar in size to Norkol, Inc. Profit Sharing and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brek Manufacturing Co. Employee Savings Plan in CA ($17M, 155 participants).
Which 401(k) plans cover a similar participant headcount to Norkol, Inc. Profit Sharing and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wampum Hardware Co. Profit Sharing 401(k) Plan in PA (198 participants, $39M 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 362648905.

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.