401(k) · DOL Form 5500 · 2024

Norma Michigan, Inc. 401(k) Plan

Data updated 2026-08-11

$81M
Total assets
1,024
Participants
89th
Percentile by assets
$79,283
Avg per participant
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Official DOL plan name: Norma Group USA Retirement Savings Plan · Sponsored by Norma Michigan, Inc. · Michigan · Manufacturing

$81M in assets, 1,024 participants

Norma Michigan, Inc.'s Norma Group USA Retirement Savings Plan reported $81M in total assets and 1,024 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 123,622 plans)
  • #14,854 in Manufacturing (17,777 peers)

Where Norma Group USA Retirement Savings Plan sits by assets

Norma Group USA Retirement Savings Plan sits in the top quartile of all filed plans by assets, $81M for 1,024 participants (~$79,283/participant), up 14.2% in 2024.

$81M
total plan assets (2024 EOY)
1,024
covered participants
89th
percentile by assets (of 123,622 plans)
$79,283
avg assets per participant

Where Norma Group USA Retirement Savings Plan sits by total assets

Norma Group USA Retirement Savings Plan vs every filed plan by assets

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

$81,186,234 Top 11% higher than 89% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Norma Group USA Retirement Savings Plan end-of-year assets rose from $71M in the plan year 2023 filing to $81M in the plan year 2024 filing.
  • Norma Group USA Retirement Savings Plan reported net income fell from $12M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Michigan
Industry
Manufacturing

Norma Group USA Retirement Savings Plan vs the 2024 asset distribution

By assets, Norma Group USA Retirement Savings Plan outranks 89% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$81M
Net Income$10M
Employer EIN382039573
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norma Michigan, Inc.)

$50M$60M$70M$80M$90M 202220232024 $59.4M $81.2M ▲ +36.8%
Total plan assets by year, all Norma Michigan, Inc. plans on file
Year Plans Participants Total Assets
2022 1 973 $59M
2023 1 1,016 $71M
2024 1 1,024 $81M

Nearby 401(k) Plans in Michigan

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

Norma Group USA Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Norma Group USA Reti…, Total assets ($B): 0.081186234 · Participants: 1024Norma Group USA Reti…General Motors Retir…, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Com…The General Motors P…, Total assets ($B): 9.568379082 · Participants: 42513The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-E…
Norma Group USA Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Norma Group USA Retirement Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Norma Group USA Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Norma Group USA Retirement Savings Plan assets move in 2024? ▼
Norma Group USA Retirement Savings Plan grew at a solid clip - up 14.2% during 2024, from $71M to $81M. Reported net income was $10M.
How have Norma Michigan, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norma Michigan, Inc.'s sponsor-wide assets grew 36.8%, from $59M to $81M.
Where does Norma Group USA Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Norma Group USA Retirement Savings Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Norma Group USA Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mobis Parts America, LLC 401(k) Profit Sharing Plan in CA ($81M, 862 participants).

Next read for Norma Group USA Retirement Savings Plan

Scale reading

Ways to act on Norma Group USA Retirement Savings Plan's numbers.

  • By total assets, Norma Group USA Retirement Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • Norma Michigan, Inc.'s sponsor-wide assets have grown 36.8% since 2022 across 3 plan years on file. More Manufacturing plans

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 382039573.

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.