ESOP · DOL Form 5500 · 2024
Norstam Veneers, Inc. ESOP
Data updated 2026-08-25
- $2M
- Total assets Small plan by assets
- 45
- Participants Small participant base
- 31st
- Percentile by assets National rank
- $52,151
- Avg per participant Low balance/head
Official DOL plan name: Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan · Sponsored by Norstam Veneers, Inc. · Indiana · Manufacturing
$2M in assets, 45 participants
Norstam Veneers, Inc.'s Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan reported $2M in total assets and 45 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.
- #2,721 in Manufacturing (17,777 peers)
2024 asset change
Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan pulled back noticeably 9.7% in 2024 ($3M → $2M) for 45 participants.
- #2,721
- in Manufacturing (17,777 peers)
- -9.7%
- assets change YoY
The plan reported a net loss of $250K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan among the smaller filed plans by assets
Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$2,346,779 31st percentile higher than 31% 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
Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan is a small filing (45 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan reported net income fell from $72K in the plan year 2023 filing to -$250K in the plan year 2024 filing.
- Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan end-of-year assets fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan reported participants fell from 47 in the plan year 2023 filing to 45 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 351174892 · Norstam Veneers, Inc. PY 2024 · ESOP
Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan · $2M · 45 · 31st
- BOY $2M
- BOY 45
- BOY 31st
- BOY ESOP
- BOY near Dillon Provision Company, Inc. Employee Stock Ownership Plan
- BOY ind #2721
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 What is an ESOP? → · Plans in Indiana →
Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan in the asset neighbourhood
Norstam Veneers, Inc. years around the 2024 move
Sponsor-wide plan assets over time
All Norstam Veneers, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2M 7.061570082650519% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 43 | $3M |
| 2023 | 1 | 47 | $3M |
| 2024 | 1 | 45 | $2M |
2024 asset-move particulars
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | -$250K |
| Employer EIN | 351174892 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Indiana
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Jasper Holdings, Inc Employee Stock Ownership Plan and Trust $2.2B · 4,295
- Urschel Laboratories Employee Stock Ownership Plan $432M · 509
- Nibco Inc. Employee Stock Ownership Plan $377M · 1,370
- Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan $170M · 622
- Ermco, Inc. Employee Stock Ownership Plan $151M · 123
Norstam Veneers, Inc. Amended & Restated Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Indiana, the nearest ESOP by assets is Dillon Provision Company, Inc. Employee Stock Ownership Plan in SC ($2M); by covered participants it is Ten-E Packaging Services, Inc. Employee Stock Ownership Plan and Trust in MN (45 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
Similar participant headcount
Nearest other-state filings by covered participants (45 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.