Nordon Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Nordon Inc)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Nordon Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Nordon Inc under EIN 16-1013450 and plan number 002. The latest loaded filing year is 2023. The filing reports 146 participants and $4,033,524 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nordon Inc
- EIN
- 16-1013450
- Plan number
- 002
- Plan type
- 2
- Location
- Rochester, NY
- Latest filing year
- 2023
- Participants
- 146
- End-of-year plan assets
- $4,033,524
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 146 | H, C | 20240708150253NAL0014292961001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,033,524
- Total liabilities (EOY)
- $13,420
- Net assets (EOY)
- $4,020,104
- Net assets (BOY)
- $4,059,031
Income & contributions
- Employer contributions
- $47,731
- Participant contributions
- $308,062
- Total contributions
- $357,531
- Total income / additions
- $968,989
Expenses & distributions
- Benefits paid
- $977,809
- Administrative expenses
- $24,703
- Total expenses
- $1,007,916
- Net increase / (decrease)
- -$38,927
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $12,040 | not reported in the loaded dataset | 2023 |
| Stifel | ADVISOR | $9,581 | not reported in the loaded dataset | 2023 |