401(k) · DOL Form 5500 · 2024

Norwood Sales, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
160
Participants Small participant base
51st
Percentile by assets National rank
$50,557
Avg per participant Low balance/head
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Official DOL plan name: Norwood Sales Inc Profit Sharing/401(k) Plan · Sponsored by Norwood Sales, Inc. · North Dakota · Agriculture, Forestry & Fishing

$8M in assets, 160 participants

Norwood Sales, Inc.'s Norwood Sales Inc Profit Sharing/401(k) Plan reported $8M in total assets and 160 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #667 in Agriculture, Forestry & Fishing (1,217 peers)

Coverage in North Dakota

Norwood Sales Inc Profit Sharing/401(k) Plan covers 160 participants in North Dakota, about 32% of the average North Dakota filer (state average ~504 per filing). Assets: $8M.

#667
in Agriculture, Forestry & Fishing (1,217 peers)
+18.7%
assets growth YoY

Norwood Sales Inc Profit Sharing/401(k) Plan's mid-pack asset rank among Agriculture, Forestry & Fishing and all filers

Norwood Sales Inc Profit Sharing/401(k) Plan vs every filed plan by assets

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

$8,089,125 Top 49% higher than 51% 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

Norwood Sales 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. Norwood Sales Inc Profit Sharing/401(k) Plan sits mid-pack in the medium band (160 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Norwood Sales Inc Profit Sharing/401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Norwood Sales Inc Profit Sharing/401(k) Plan reported participants fell from 202 in the plan year 2023 filing to 160 in the plan year 2024 filing.
  • Norwood Sales Inc Profit Sharing/401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 450444903 · Norwood Sales, Inc. PY 2024 · 401(k)

Norwood Sales Inc Profit Sharing/401(k) Plan · $8M · 160 · 51st

  • EBSA $8M
  • EBSA 160
  • EBSA 51st
  • EBSA 401(k)
  • EBSA near Clb the Community Bank 401(k) Profit Sharing Plan
  • EBSA ind #667

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 Agriculture, Forestry & Fishing retirement plans → · Plans in North Dakota →

Norwood Sales Inc Profit Sharing/401(k) Plan in the asset neighbourhood

Norwood Sales Inc Profit Sharing/401(k) PlanNorwood Sales Inc Profit Sha…$8MClb the Community Bank 401(k) Profit Sharing PlanClb the Community Bank 401(k…$8MPacific Bearing Company Associates' Retirement PlanPacific Bearing Company Asso…$8M403(b) Thrift Plan of Riverside Industries, Inc.403(b) Thrift Plan of Rivers…$8MBoston Semi Equipment LLC 401(k) Profit Sharing Plan and TrustBoston Semi Equipment LLC 40…$8M
End-of-year total assets ($M) among Norwood Sales Inc Profit Sharing/401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Dakota filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN450444903
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norwood Sales, Inc.)

Sponsor-wide plan assets over time

All Norwood Sales, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 55.98079435400286% vs 2022
2024 filing year
$4M$5M$6M$7M$8M$9M 202220232024 $5.19M $8.09M ▲ +55.9%
Year Plans Participants Total Assets
2022 1 190 $5M
2023 1 202 $7M
2024 1 160 $8M

Nearby 401(k) Plans in North Dakota

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

Norwood Sales Inc Profit Sharing/401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Norwood Sales Inc Profit Sharing/401(k) Plan, Total assets ($B): 0.008089125 · Participants: 160Norwood Sales Inc Profit Sharing/401(k) PlanSanford Retirement Savings Plan, Total assets ($B): 3.602462001 · Participants: 31958Sanford Retirement Savings PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.856387415 · Participants: 5327Knife River Corporation 401(k) Retirement PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.775551136 · Participants: 3465Mdu Resources Group, Inc. 401(k) Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.615317303 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.591992052 · Participants: 5199Offutt Companies 401(k) Savings Plan
Norwood Sales Inc Profit Sharing/401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Norwood Sales Inc Profit Sharing/401(k) Plan side-by-side with 3 peers →

Norwood Sales Inc Profit Sharing/401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Clb the Community Bank 401(k) Profit Sharing Plan in LA ($8M); by covered participants it is Battlefield Farms, Inc. Profit Sharing Plan in VA (160 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Norwood Sales Inc Profit Sharing/401(k) Plan assets move in 2024? ▼
Norwood Sales Inc Profit Sharing/401(k) Plan grew sharply - up 18.7% during 2024, from $7M to $8M. Reported net income was $1M.
How have Norwood Sales, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norwood Sales, Inc.'s sponsor-wide assets grew 56.0%, from $5M to $8M.
Which 401(k) plans are similar in size to Norwood Sales Inc Profit Sharing/401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Clb the Community Bank 401(k) Profit Sharing Plan in LA ($8M, 48 participants).
Which 401(k) plans cover a similar participant headcount to Norwood Sales Inc Profit Sharing/401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Battlefield Farms, Inc. Profit Sharing Plan in VA (160 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 450444903.

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.