401(k) · DOL Form 5500 · 2024
Norwood Medical, LLC 401(k) Plan
Data updated 2026-08-25
- $70M
- Total assets Below avg plan size
- 1,200
- Participants Near avg headcount
- 88th
- Percentile by assets National rank
- $58,659
- Avg per participant Low balance/head
Official DOL plan name: Norwood Medical Employee Savings Plan and Trust · Sponsored by Norwood Medical, LLC · Ohio · Manufacturing
$70M in assets, 1,200 participants
Norwood Medical, LLC's Norwood Medical Employee Savings Plan and Trust reported $70M in total assets and 1,200 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- #14,575 in Manufacturing (17,777 peers)
Where Norwood Medical Employee Savings Plan and Trust sits by assets
Norwood Medical Employee Savings Plan and Trust sits in the top quartile of all filed plans by assets, $70M for 1,200 participants (~$58,659/participant), up 10.2% in 2024.
- #14,575
- in Manufacturing (17,777 peers)
- +10.2%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
Norwood Medical Employee Savings Plan and Trust's outsized position by total assets
Norwood Medical Employee Savings Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$70,390,762 Top 12% higher than 88% 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
Norwood Medical Employee Savings Plan and Trust's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norwood Medical Employee Savings Plan and Trust lands in the large band (1,200 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Norwood Medical Employee Savings Plan and Trust reported net income fell from $10M in the plan year 2023 filing to $7M in the plan year 2024 filing.
- Norwood Medical Employee Savings Plan and Trust end-of-year assets rose from $64M in the plan year 2023 filing to $70M in the plan year 2024 filing.
- Norwood Medical Employee Savings Plan and Trust reported participants fell from 1,218 in the plan year 2023 filing to 1,200 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 311013821 · Norwood Medical, LLC PY 2024 · 401(k)
Norwood Medical Employee Savings Plan and Trust · $70M · 1,200 · 88th
- TYPE $70M
- TYPE 1,200
- TYPE 88th
- TYPE 401(k)
- TYPE near Advanced Orthopedics of Oklahoma, PLLC 401(k) Plan
- TYPE ind #14575
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 Ohio →
Norwood Medical Employee Savings Plan and Trust in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $64M |
|---|---|
| Net Assets (End of Year) | $70M |
| Net Income | $7M |
| Employer EIN | 311013821 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Norwood Medical, LLC)
Sponsor-wide plan assets over time
All Norwood Medical, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $70M 29.61811700999229% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,156 | $54M |
| 2023 | 1 | 1,218 | $64M |
| 2024 | 1 | 1,200 | $70M |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- GE Aerospace Retirement Savings Plan $14.7B · 45,620
- The Kroger Co. 401(k) Retirement Savings Account Plan $11.8B · 135,373
- The Progressive 401(k) Plan $11.5B · 62,521
- The Sherwin-Williams Company 401(k) Plan $10.6B · 47,459
- Parker Retirement Savings Plan $9.0B · 26,315
Norwood Medical Employee Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is Advanced Orthopedics of Oklahoma, PLLC 401(k) Plan in OK ($70M); by covered participants it is Full House Resorts, Inc. 401(k) Plan in NV (1,200 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($70M here).
- Advanced Orthopedics of Oklahoma, PLLC 401(k) Plan (OK) $70M · 206
- Modern Forge Companies Employee Retirement Benefit Plan (IN) $70M · 511
- Lipari Foods 401(k) Profit Sharing Plan (MI) $70M · 1,961
- Spellman 401(k) Savings Plan (NY) $70M · 357
Similar participant headcount
Nearest other-state filings by covered participants (1,200 participants); asset peers above are excluded.
- Full House Resorts, Inc. 401(k) Plan (NV) 1,200 · 0 off
- Metal Companies 401(k) Plan (IL) 1,200 · 0 off
- Power Wellness Management, LLC 401(k) Plan (IL) 1,200 · 0 off
- Secu/S3 401(k) Retirement Plan (MD) 1,199 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.