Plan5500

Norkol, Inc. Profit Sharing And Savings Plan — Form 5500 plan (Norkol, 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, Norkol, Inc. Profit Sharing And Savings Plan is a benefit plan reported by Norkol, Inc. under EIN 36-2648905 and plan number 002. The latest loaded filing year is 2023. The filing reports 233 participants and $16,698,631 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Norkol, Inc.
EIN
36-2648905
Plan number
002
Plan type
2
Location
Montgomery, IL
Latest filing year
2023
Participants
233
End-of-year plan assets
$16,698,631

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023233H, C20250815112018NAL0010125411001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$16,698,631
Total liabilities (EOY)
$0
Net assets (EOY)
$16,698,631
Net assets (BOY)
$14,359,132

Income & contributions

Participant contributions
$589,109
Total contributions
$706,165
Total income / additions
$3,880,672

Expenses & distributions

Benefits paid
$1,516,910
Administrative expenses
$24,263
Total expenses
$1,541,173
Net increase / (decrease)
$2,339,499

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cetera Investment Advisers LLCINVESTMENT ADVISORY$0$28,5142023
Forvis MazarsACCOUNTANT$17,800not reported in the loaded dataset2023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$6,464$02023

Related Form 5500 pages