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Original filing (PDF)20251008133726NAL0003047875001
NORTECH SYSTEMS INC.
Form 5500
FILING_RECEIVED
NORTECH SYSTEMS 401(K) PROFIT SHARING PLAN
401(k) retirement plan
Active participants
356
Accounts w/ balance
508
Plan assets (EOY)
$27.9M
Net assets (EOY)
$27.9M
How this plan invests
This plan
1 pooled trust
Schedule D
33 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
95
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
100
Participation health
100
Knocking points off
- 36 bps in Schedule C fees — modestly above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for NORTECH SYSTEMS INC..
Plan sponsor
Name
NORTECH SYSTEMS INC.
EIN
41-1681094
Address
7550 MERIDIAN CR. · SUITE 150 · MAPLE GROVE, MN · 55369
Phone
(952) 345-2265
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-08
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BOYUM & BARENSCHEER PLLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $44K | — |
Advisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | 04-2675571 | — | ADVISOR | $38K | — |
| STRATEGIC ADVISORS, INC. | 04-2654524 | — | ADVISOR | $7K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BOYUM & BARENSCHEER PLLP | 41-6192096 | — | ACCOUNTANT/AUDITOR | $12K | — |
Investments
32 direct securities · 1 pooled fund· $27.9M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$27.3M
32 holdings
Common Collective Trust
$612K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity Freedom 2030 | — | — | — | $4.4M | 15.8% | |
| Fidelity Freedom 2025 | — | — | — | $3.0M | 10.7% | |
| Fidelity 500 Index | — | — | — | $2.8M | 9.9% | |
| Fidelity Freedom 2045 | — | — | — | $2.7M | 9.8% | |
| Fidelity Freedom 2035 | — | — | — | $2.2M | 8.0% | |
| Fidelity Freedom 2040 | — | — | — | $1.9M | 6.9% | |
| JP Morgan Large Cap Growth R6 Fund | — | — | — | $1.4M | 5.0% | |
| Fidelity Freedom 2050 | — | — | — | $1.2M | 4.2% | |
| Columbia Small Cap Index Fund Institutional Class | — | — | — | $882K | 3.2% | |
| Fidelity Mid Cap Index Fund | — | — | — | $704K | 2.5% | |
| Fidelity Capital & Income Fund | — | — | — | $682K | 2.4% | |
| Fidelity Freedom 2055 | — | — | — | $676K | 2.4% | |
| RT NY LIFE AA CL 0 RELIANCE TRUST COMPANY · EIN 46-6350416 / PN 001 | Common Collective Trust | — | — | $612K | 2.2% | |
| Fidelity Freedom 2060 | — | — | — | $499K | 1.8% | |
| Fidelity Freedom 2020 | — | — | — | $469K | 1.7% | |
| Baird Core Plus Bond | — | — | — | $465K | 1.7% | |
| Victory Sycamore Established Value Fund R | — | — | — | $449K | 1.6% | |
| BlackRock Mid-Cap Growth Equity K | — | — | — | $429K | 1.5% | |
| MFS Value Fund Class R3 | — | — | — | $344K | 1.2% | |
| Notes receivable and accrued interest receivable from participants | — | — | — | $308K | 1.1% | |
| PGIM Jennison International Opps R6 | — | — | — | $287K | 1.0% | |
| Fidelity Freedom 2015 | — | — | — | $268K | 1.0% | |
| Baron Small Cap Institutional | — | — | — | $238K | 0.9% | |
| Fidelity International Index Fund | — | — | — | $222K | 0.8% | |
| Fidelity Freedom 2065 | — | — | — | $213K | 0.8% | |
| Allspring Special Small Cap Value Fund | — | — | — | $199K | 0.7% | |
| Carillon ClariVest Intl Stock R6 | — | — | — | $88K | 0.3% | |
| Fidelity Emerging Markets Index Fund | — | — | — | $67K | 0.2% | |
| Blackrock Emerging Market K | — | — | — | $54K | 0.2% | |
| Fidelity Freedom Income | — | — | — | $37K | 0.1% | |
| Fidelity Freedom 2010 | — | — | — | $37K | 0.1% | |
| Carillon Reams Unconstrained Bond I | — | — | — | $30K | 0.1% | |
| Fidelity Freedom 2070 | — | — | — | $3K | <0.1% |
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