Norwich Commercial Group, Inc. 401(K) Plan — Form 5500 plan (Norwich Commercial Group, 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, Norwich Commercial Group, Inc. 401(K) Plan is a benefit plan reported by Norwich Commercial Group, Inc under EIN 22-2894356 and plan number 001. The latest loaded filing year is 2023. The filing reports 307 participants and $10,869,645 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Norwich Commercial Group, Inc
EIN
22-2894356
Plan number
001
Plan type
2
Location
Avon, CT
Latest filing year
2023
Participants
307
End-of-year plan assets
$10,869,645

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023307H, C20240726105931NAL0015321585001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,869,645
Total liabilities (EOY)
$0
Net assets (EOY)
$10,869,645
Net assets (BOY)
$8,081,594

Income & contributions

Employer contributions
$9,590
Participant contributions
$949,912
Total contributions
$1,955,428
Total income / additions
$3,474,393

Expenses & distributions

Benefits paid
$674,662
Administrative expenses
$11,680
Total expenses
$686,342
Net increase / (decrease)
$2,788,051

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance Co.RECORDKEEPER$2,167$02023

Related Form 5500 pages