Norstar Employees 401(K) Plan — Form 5500 plan (Norstar Telecommunications, Inc. Dba Norstar Netwo)

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, Norstar Employees 401(K) Plan is a benefit plan reported by Norstar Telecommunications, Inc. Dba Norstar Netwo under EIN 23-2493998 and plan number 001. The latest loaded filing year is 2023. The filing reports 12 participants and $2,133,257 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.1MPlan net assets, end of year$2,133,257
Participants12Covered participants reported
Assets / participant$177.8KComputed: assets ÷ participants$177,771 (computed)
Provider compensationNone reported
Plan sponsor
Norstar Telecommunications, Inc. Dba Norstar Netwo
EIN
23-2493998
Plan number
001
Plan type
2
Location
Wilkes-Barre, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202312I20240926073650NAL0000635152001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$2.1M total assets
Net assets$2.1MLiabilities$0
Money in vs. money out
Total income / additions$379.6K
Total expenses$4.6K
Benefits paid / distributions$4.6K
Contributions
Employer$26.5K
Participant$72.7K
Full reported line items

Net assets

Total assets (EOY)
$2,133,257
Total liabilities (EOY)
$0
Net assets (EOY)
$2,133,257
Net assets (BOY)
$1,758,279

Income & contributions

Employer contributions
$26,477
Participant contributions
$72,697
Total income / additions
$379,604

Expenses & distributions

Benefits paid
$4,626
Administrative expenses
$0
Total expenses
$4,626
Net increase / (decrease)
$374,978
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 27%Participant 73%
Total expenses ÷ net assets0%Computed ratio
Benefits paid ÷ total income1%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages