Department of Labor filing

NORPAC RESOURCES,LLC

NORPAC RESOURCES,LLC 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 13, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

82filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$7,159

Reported employer contributions per active participant.

Higher than about 96% of comparable plans

#People in the filing

497

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$182 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 49% of comparable plans

↗Investment performance

Not available

Plan assets changed 18.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202482out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions96th percentileTypical peer $1,808 · based on 144 comparable plans

Lower reported administrative expense49th percentileTypical peer $178 · based on 145 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, NORPAC RESOURCES,LLC reported $3,558,153 in employer contributions across the plan and 497 active participants. That works out to $7,159 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy87%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 8.2%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 104.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context82/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $3,558,153
Participant contributions: $4,793,990
Other contributions: $341,874
Employer share of reported contributions: 42.6%
Beginning assets: $51,220,235
Ending assets: $60,661,406
Ending net assets: $60,661,406
Ending liabilities: $0
Total income: $15,985,536
Total expenses: $6,504,003
Administrative expenses: $105,357
Participant loans: $1,257,925

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$6,617

2023

$7,433

2024

$7,159

Plan-paid administrative expenses per participant

2022

$89

2023

$112

2024

$182

Active participants

2022

521

2023

503

2024

497

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$7,159	497	60.7M	20251013141621NAL0000703251001
2023	$7,433	503	51.2M	20240920161317NAL0004595507001
2022	$6,617	521	39.9M	20231006154655NAL0030804672001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.1%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 680568571-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Nov 1, 2016
Industry: Industry group 322
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2G2J2K2T

Current plan terms

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Filing ACK_ID20251013141621NAL0000703251001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗