Nordon IncESOP
NORDON, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ROCHESTER, NY · plan year 2023
Nordon Inc's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $13,441,305 across 248 participant accounts, with employer contributions averaging $683 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,143rd of 5,648), and 7,573rd of 13,661 in manufacturing.
Nordon Inc's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
This plan has changed recordkeepers within these filings. If you left Nordon Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 161013450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.