Norwood Tool Company 401(k) Plan: Login, Facts & Contact Information

Norwood Tool Company 401(k) Plan Facts

Plan name
NORWOOD MEDICAL EMPLOYEE SAVINGS PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NORWOOD MEDICAL, LLC
Participants
1,306 (1,154 active employees)
Former employees with a balance
145
Plan assets
$70,390,762 at Dec 31, 2024
Average account balance
$60,839 across 1,157 accounts
Employer contributions
$1,122,377 in plan year 2024 (18% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1990
✓ 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 Oct 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.36 million went into the plan in contributions, $1.12 million of it from the employer (18%).
  • $9.25 million was paid out to participants.
  • Investment and other income added $9.54 million.
  • Administrative expenses were $91,420, about $79 per account.

How the Norwood Tool Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,126$48.9 million$874,751$2.36 million
20201,187$56.6 million$977,273$6.41 million
20211,246$66.3 million$1.02 million$4.87 million
20221,249$54.3 million$1.08 million$5.38 million
20231,324$63.9 million$1.15 million$6.87 million
20241,306$70.4 million$1.12 million$9.25 million

Norwood Tool Company 401(k) Contact Information

Phone
937-228-4101
Mailing address
2122 WINNERS CIRCLE, DAYTON OH 45404
Plan sponsor
NORWOOD MEDICAL, LLC
Employer identification number (EIN)
31-1013821
Plan number
001

Questions about the Norwood Tool Company 401(k)

Does Norwood Tool Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.12 million, 18% of all contributions.

Does the Norwood Tool Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Norwood Tool Company 401(k) plan?

1,306 participants at the start of plan year 2024, 1,154 of them active employees, and 145 former employees who still had money in the plan.

What is the average 401(k) balance at Norwood Tool Company?

About $60,839 per account: $70.4 million in plan assets across 1,157 accounts with a balance at the end of plan year 2024.

Who manages the Norwood Tool Company 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Norwood Tool Company. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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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