Department of Labor filing

NORTHWEST TECHNOLOGIES, INC.

NORTHWEST TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2022

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Public filing 2022 · received Oct 31, 2023Verified current terms Not available

Plan at a glance

How good does the filing look?

45filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$1,579

Reported employer contributions per active participant.

Higher than about 51% of comparable plans
#People in the filing
69

Active participants reported for 2022.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$262 / participant

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

Lower cost than about 29% of comparable plans
Investment performance
Not available

Plan assets changed -12.7%, 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 · 202245out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions51st percentileTypical peer $1,519 · based on 235 comparable plans
Lower reported administrative expense29th percentileTypical peer $171 · based on 250 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, 2022, NORTHWEST TECHNOLOGIES, INC. reported $108,918 in employer contributions across the plan and 69 active participants. That works out to $1,579 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 proxy68%

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 0.0%

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

Expense trendUp 0.0%

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

Peer context45/100

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
$108,918
Participant contributions
$194,418
Other contributions
$2,895
Employer share of reported contributions
35.9%
Beginning assets
$3,136,269
Ending assets
$2,737,131
Ending net assets
$2,737,131
Ending liabilities
$0
Total income
-$260,267
Total expenses
$138,871
Administrative expenses
$27,237
Participant loans
Not reported

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
$1,579
Plan-paid administrative expenses per participant
2022
$262
Active participants
2022
69
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2022$1,579692.7M20231031054817NAL0010136419001

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
Not stated in the filing
Independent accountant’s opinion
Disclaimer of opinion Code 3
Late participant contributions reported
Not stated in the filing
Public plan identifier
931329453-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2008
Industry
Industry group 332
Amended filing
Yes
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2G2J2K3D

Current plan terms

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Filing ACK_ID20231031054817NAL0010136419001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗