401(k) · DOL Form 5500 · 2024

Norwood Life Society 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
240
Participants Below avg headcount
58th
Percentile by assets National rank
$46,812
Avg per participant Low balance/head
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Official DOL plan name: Norwood Life Society Employees' Retirement Plan · Sponsored by Norwood Life Society · Illinois · Healthcare & Social Assistance

$11M in assets, 240 participants

Norwood Life Society's Norwood Life Society Employees' Retirement Plan reported $11M in total assets and 240 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #10,749 in Healthcare & Social Assistance (16,916 peers)

Coverage in Illinois

Norwood Life Society Employees' Retirement Plan covers 240 participants in Illinois, about 31% of the average Illinois filer (state average ~779 per filing). Assets: $11M.

#10,749
in Healthcare & Social Assistance (16,916 peers)
+13.7%
assets growth YoY

Norwood Life Society Employees' Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Norwood Life Society Employees' Retirement Plan vs every filed plan by assets

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

$11,234,887 Top 42% higher than 58% 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 Life Society Employees' Retirement 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 Life Society Employees' Retirement Plan sits mid-pack in the medium band (240 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Norwood Life Society Employees' Retirement Plan reported net income rose from $756K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Norwood Life Society Employees' Retirement Plan reported participants fell from 497 in the plan year 2023 filing to 240 in the plan year 2024 filing.
  • Norwood Life Society Employees' Retirement Plan end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 562663863 · Norwood Life Society PY 2024 · 401(k)

Norwood Life Society Employees' Retirement Plan · $11M · 240 · 58th

  • 5500 $11M
  • ASSETS 240
  • PCT 58th
  • EIN 401(k)
  • RANK near Dynamo Technologies LLC 401(k) Profit Sharing Plan
  • PHOTO ind #10749

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 Healthcare & Social Assistance retirement plans → · Plans in Illinois →

Norwood Life Society Employees' Retirement Plan in the asset neighbourhood

Bethany Lutheran Homes 401(k) PlanBethany Lutheran Homes 401(k…$11MGulf View Private Investment, Inc. 401(k) PlanGulf View Private Investment…$11MNorwood Life Society Employees' Retirement PlanNorwood Life Society Employe…$11MDynamo Technologies LLC 401(k) Profit Sharing PlanDynamo Technologies LLC 401(…$11MInnoveyance 401(k) Plan$11M
End-of-year total assets ($M) among Norwood Life Society Employees' Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN562663863
Plan Effective Date1998-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norwood Life Society)

Sponsor-wide plan assets over time

All Norwood Life Society plans reported in each filing year

Latest sponsor-wide plan assets
$11M 23.13334384753977% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $9.12M $11.2M ▲ +23.1%
Year Plans Participants Total Assets
2022 1 377 $9M
2023 1 497 $10M
2024 1 240 $11M

Nearby 401(k) Plans in Illinois

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

Norwood Life Society Employees' Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Norwood Life Society Employees' Retirement Plan, Total assets ($B): 0.011234887 · Participants: 240Norwood Life Society Employees' Retirement PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Norwood Life Society Employees' Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Norwood Life Society Employees' Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Dynamo Technologies LLC 401(k) Profit Sharing Plan in VA ($11M); by covered participants it is Shangri-La 401(k) Plan in OR (240 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (240 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 Life Society Employees' Retirement Plan assets move in 2024?
Norwood Life Society Employees' Retirement Plan grew at a solid clip - up 13.7% during 2024, from $10M to $11M. Reported net income was $1M.
How have Norwood Life Society plan assets changed over time?
Across 3 plan years on file (2022-2024), Norwood Life Society's sponsor-wide assets grew 23.1%, from $9M to $11M.
Which 401(k) plans are similar in size to Norwood Life Society Employees' Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Dynamo Technologies LLC 401(k) Profit Sharing Plan in VA ($11M, 230 participants).
Which 401(k) plans cover a similar participant headcount to Norwood Life Society Employees' Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Shangri-La 401(k) Plan in OR (240 participants, N/A in assets).