Nim Group 401(K) Plan — Form 5500 plan (Norfolk Iron & Metal Company)

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, Nim Group 401(K) Plan is a benefit plan reported by Norfolk Iron & Metal Company under EIN 47-0460089 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,095 participants and $68,484,322 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Norfolk Iron & Metal Company
EIN
47-0460089
Plan number
001
Plan type
2
Location
Norfolk, NE
Latest filing year
2023
Participants
1,095
End-of-year plan assets
$68,484,322

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,095H, C20240723084022NAL0017782608001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$68,484,322
Total liabilities (EOY)
$0
Net assets (EOY)
$68,484,322
Net assets (BOY)
$59,038,787

Income & contributions

Employer contributions
$1,891,214
Participant contributions
$5,246,310
Total contributions
$7,665,561
Total income / additions
$17,869,097

Expenses & distributions

Benefits paid
$8,254,061
Administrative expenses
$162,474
Total expenses
$8,423,562
Net increase / (decrease)
$9,445,535

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$100,282$02023
D A Davidson & Co IncINVESTMENT ADVISORY$54,979$212023
Forvis, LlpACCOUNTANT$7,213not reported in the loaded dataset2023

Related Form 5500 pages