2023 Form 5500 filing — The Norwood Company 401(K) Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240731141836NAL0022414065001) for The Norwood Company 401(K) Retirement Savings Plan, reported by The Norwood Company under EIN 22-2066074 and plan number 002. It reports 138 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$17.6MReported net assets$17,641,144
Participants138
Provider compensation$84.4K2 Schedule C row(s)$84,358
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240731141836NAL0022414065001
- Plan sponsor
- The Norwood Company
- EIN
- 22-2066074
- Plan number
- 002
- Location
- Malvern, PA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$17.6M total assets
Net assets$17.6MLiabilities$0
Full reported line items
- Total assets (EOY)
- $17,641,144
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,641,144
- Employer contributions
- $201,190
- Participant contributions
- $1,144,395
- Total income / additions
- $4,170,538
- Benefits paid
- $1,234,174
- Administrative expenses
- $83,894
- Total expenses
- $1,318,068
- Net increase / (decrease)
- $2,852,470
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Stancorp Financial Group | NONE | $55,616 | $356 |
| Jfs Wealth Advisors, LLC | NONE | $28,386 | not reported in the loaded dataset |