401(k) · DOL Form 5500 · 2024

Norac USA Corporation 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
382
Participants Below avg headcount
33rd
Percentile by assets National rank
$6,954
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bakerly 401(k) Plan · Sponsored by Norac USA Corporation · Pennsylvania · Manufacturing

$3M in assets, 382 participants

Norac USA Corporation's Bakerly 401(k) Plan reported $3M in total assets and 382 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #2,916 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Bakerly 401(k) Plan covers 382 participants in Pennsylvania, about 46% of the average Pennsylvania filer (state average ~822 per filing). Assets: $3M.

#2,916
in Manufacturing (17,777 peers)
+61.6%
assets growth YoY

Bakerly 401(k) Plan among the smaller filed plans by assets

Bakerly 401(k) Plan vs every filed plan by assets

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

$2,656,294 33rd percentile higher than 33% 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

Bakerly 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. Bakerly 401(k) Plan sits mid-pack in the medium band (382 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bakerly 401(k) Plan end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Bakerly 401(k) Plan reported net income rose from $634K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Bakerly 401(k) Plan reported participants rose from 282 in the plan year 2023 filing to 382 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 473590232 · Norac USA Corporation PY 2024 · 401(k)

Bakerly 401(k) Plan · $3M · 382 · 33rd

  • RANK $3M
  • RANK 382
  • RANK 33rd
  • RANK 401(k)
  • RANK near Procurant USA 401(k) Plan
  • RANK ind #2916

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 Pennsylvania →

Bakerly 401(k) Plan in the asset neighbourhood

Bakerly 401(k) Plan$3MProcurant USA 401(k) Plan$3MDbk Holdings 401(k) Plan$3MThe Annex Group, LLC 401(k) PlanThe Annex Group, LLC 401(k) …$3MGrey Matter Group 401(k) Plan$3M
End-of-year total assets ($M) among Bakerly 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$1M
Employer EIN473590232
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norac USA Corporation)

Sponsor-wide plan assets over time

All Norac USA Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3M 163.27310570394965% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M$2.5M$3M 202220232024 $1.01M $2.66M ▲ +163.4%
Year Plans Participants Total Assets
2022 1 257 $1M
2023 1 282 $2M
2024 1 382 $3M

Nearby 401(k) Plans in Pennsylvania

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

Bakerly 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Bakerly 401(k) Plan, Total assets ($B): 0.002656294 · Participants: 382Bakerly 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Bakerly 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Bakerly 401(k) Plan side-by-side with 3 peers →

Bakerly 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Procurant USA 401(k) Plan in CA ($3M); by covered participants it is United Medical Systems 401(k) Profit Sharing Plan and Trust in MA (382 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (382 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 Bakerly 401(k) Plan assets move in 2024? ▼
Bakerly 401(k) Plan surged - up 61.6% during 2024, from $2M to $3M. Reported net income was $1M.
How have Norac USA Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norac USA Corporation's sponsor-wide assets grew 163.3%, from $1M to $3M.
Which 401(k) plans are similar in size to Bakerly 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Procurant USA 401(k) Plan in CA ($3M, 42 participants).
Which 401(k) plans cover a similar participant headcount to Bakerly 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is United Medical Systems 401(k) Profit Sharing Plan and Trust in MA (382 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 473590232.

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.