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.
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