Norton Lilly International, Inc. 401(k) Plan: Login, Facts & Contact Information

Norton Lilly International, Inc. 401(k) Plan Facts

Plan name
NORTON LILLY INTERNATIONAL RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NORTON LILLY INTERNATIONAL, INC.
Participants
737 (473 active employees)
Former employees with a balance
280
Plan assets
$36,959,579 at Dec 31, 2023
Average account balance
$51,120 across 723 accounts
Employer contributions
$745,590 in plan year 2023 (19% of all contributions)
Recordkeeper
Adp, Inc.
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
May 1, 1999
✓ 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 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 8, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $3.93 million went into the plan in contributions, $745,590 of it from the employer (19%).
  • $3.09 million was paid out to participants.
  • Investment and other income added $5.50 million.
  • Administrative expenses were $137,709, about $190 per account.

How the Norton Lilly International, Inc. 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018513$21.9 million$350,872$2.12 million
2019534$26.9 million$367,207$2.43 million
2020565$29.8 million$334,329$3.66 million
2021542$34.2 million$779,190$3.23 million
2022629$30.8 million$997,086$2.37 million
2023737$37.0 million$745,590$3.09 million

Norton Lilly International, Inc. 401(k) Contact Information

Phone
251-219-3284
Mailing address
ONE STREET LOUIS CENTRE SUITE 5000, MOBILE AL 36602
Plan sponsor
NORTON LILLY INTERNATIONAL, INC.
Employer identification number (EIN)
63-1222618
Plan number
001

Questions about the Norton Lilly International, Inc. 401(k)

Does Norton Lilly International, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $745,590, 19% of all contributions.

Does the Norton Lilly International, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Norton Lilly International, Inc 401(k) plan?

737 participants at the start of plan year 2023, 473 of them active employees, and 280 former employees who still had money in the plan.

What is the average 401(k) balance at Norton Lilly International, Inc?

About $51,120 per account: $37.0 million in plan assets across 723 accounts with a balance at the end of plan year 2023.

Who manages the Norton Lilly International, Inc 401(k) accounts?

ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Norton Lilly International, Inc. How do I access my 401(k)?

Your account stays with ADP Retirement Services 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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