Nor-am, Inc. 401(k) Plan: Login, Facts & Contact Information

Nor-am, Inc. 401(k) Plan Facts

Plan name
NOR-AM 401(K) PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NOR-AM, INC.
Participants
733 (516 active employees)
Former employees with a balance
205
Plan assets
$13,917,727 at Dec 31, 2024
Average account balance
$25,397 across 548 accounts
Employer contributions
$636,558 in plan year 2024 (36% of all contributions)
Recordkeeper
John Hancock Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2010
✓ Employer contributions✓ Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 22, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.77 million went into the plan in contributions, $636,558 of it from the employer (36%).
  • $590,477 was paid out to participants.
  • Investment and other income added $1.62 million.
  • Administrative expenses were $117,666, about $215 per account.

How the Nor-am, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019350$6.09 million$317,249$178,748
2020385$7.57 million$394,973$442,512
2021443$9.49 million$428,472$426,851
2022574$8.34 million$514,437$984,190
2023668$11.2 million$550,491$512,248
2024733$13.9 million$636,558$590,477

Nor-am, Inc. 401(k) Contact Information

Phone
712-546-4489
Mailing address
801 6TH STREET SOUTHWEST, LE MARS IA 51031
Plan sponsor
NOR-AM, INC.
Plan administrator
THE FINWAY GROUP
Employer identification number (EIN)
42-1472573
Plan number
001

Questions about the Nor-am, Inc. 401(k)

Does Nor-am, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $636,558, 36% of all contributions.

Does the Nor-am, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Nor-am, Inc 401(k) plan?

733 participants at the start of plan year 2024, 516 of them active employees, and 205 former employees who still had money in the plan.

What is the average 401(k) balance at Nor-am, Inc?

About $25,397 per account: $13.9 million in plan assets across 548 accounts with a balance at the end of plan year 2024.

Who manages the Nor-am, Inc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Nor-am, Inc. How do I access my 401(k)?

Your account stays with John Hancock after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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