How big is Norac USA Corporation's plan?

Norac USA Corporation's plan reported $2.7M in assets and 303 participants for 2024.

Original filing (PDF)20251009122322NAL0006571185001

Norac USA Corporation

Name: Norac USA Corporation — Bakerly 401(k) Plan, Form 5500 (2024)
Creator: Norac USA Corporation
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Bakerly 401(k) Plan

401(k) retirement plan · Norac USA Corporation's Bakerly 401(k) Plan held $2.7M in plan assets for 303 participants in 2024.

Signals · 3

Late participant contributionsPossibly inadequate fidelity bondNo recordkeeper disclosed

Active participants

303

Accounts w/ balance

163

Plan assets (EOY)

$2.7M

Net assets (EOY)

$2.7M

People on this filing

Brian Regnier signed Norac USA Corporation's 2024 Form 5500 as plan administrator.

Brian Regnier — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Norac USA Corporation's EIN is 47-3590232.

EIN 47-3590232

Plan number 001

Plan year 2024

ACK ID 20251009122322NAL0006571185001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Norac USA Corporation from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Norac USA Corporation's plan includes profit-sharing, a 401(k) feature, ERISA 404(c) participant direction.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for NORAC USA CORPORATION.

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How this plan invests

This plan

29 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 176K (20% of contributions).
Fidelity bond appears below the 10%-of-assets requirement.
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (14th percentile).

Plan sponsor

Name

NORAC USA CORPORATION

EIN

all filings

Address

4300 E. BRADEN BLVD. · EASTON, PA · 18040

Phone

(610) 829-1500

Industry

Manufacturing

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

2025-10-09

Pension benefit codes

2E · Profit-sharing

2J · 401(k) feature

2K · 401(m) arrangement

2F · ERISA section 404(c)

2G · Total participant-directed accounts

3D · Pre-approved plan (master / prototype / VS)

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Service providers (Schedule C)

No Schedule C providers reported

Investments

29 direct securities· $2.7M(100% of reported assets)

Mutual Funds

$2.6M

28 holdings

Bonds / Notes

$76K

1 holding

					% of plan
Registered Investment Companies * American Funds American Funds 2040 Target Date - R2	Mutual Funds	—	—	$576K	21.7%
American Funds The Growth Fund of America - R2	Mutual Funds	—	—	$340K	12.8%
American Funds American Funds 2035 Target Date - R2	Mutual Funds	—	—	$328K	12.3%
American Funds American Funds 2055 Target Date - R2	Mutual Funds	—	—	$222K	8.3%
American Funds American Funds 2060 Target Date - R2	Mutual Funds	—	—	$176K	6.6%
American Funds American Funds 2030 Target Date - R2	Mutual Funds	—	—	$142K	5.3%
American Funds American Funds 2050 Target Date - R2	Mutual Funds	—	—	$133K	5.0%
American Funds American Funds 2045 Target Date - R2	Mutual Funds	—	—	$115K	4.3%
American Funds U.S. Government Money Market	Mutual Funds	—	—	$95K	3.6%
American Funds American Funds 2025 Target Date - R2	Mutual Funds	—	—	$87K	3.3%
Participant Loans 4.25% to 9.50%	Bonds / Notes	—	—	$76K	2.9%
American Funds American Funds 2065 Target Date - R2	Mutual Funds	—	—	$72K	2.7%
American Funds American Balanced Fund - R2	Mutual Funds	—	—	$50K	1.9%
American Funds EuroPacific Growth Fund - R2	Mutual Funds	—	—	$49K	1.9%
American Funds The Investment Company of America - R2	Mutual Funds	—	—	$39K	1.5%
American Funds Intermediate Bond Fund of America - R2	Mutual Funds	—	—	$24K	0.9%
American Funds Growth and Income Portfolio - R2	Mutual Funds	—	—	$22K	0.8%
American Funds Capital World Growth and Income - R2	Mutual Funds	—	—	$21K	0.8%
American Funds Growth Portfolio - R2	Mutual Funds	—	—	$16K	0.6%
American Funds AF Moderate Growth and Income - R2	Mutual Funds	—	—	$15K	0.5%
American Funds Global Balanced Fund - R2	Mutual Funds	—	—	$13K	0.5%
American Funds AF Conservative Growth and Income - R2	Mutual Funds	—	—	$11K	0.4%
American Funds Corporate Bond Fund - R2	Mutual Funds	—	—	$11K	0.4%
American Funds SmallCap World Fund - R2	Mutual Funds	—	—	$9K	0.3%
American Funds Emerging Markets Bond Fund - R2	Mutual Funds	—	—	$5K	0.2%
American Funds U.S. Government Securities Fund - R2	Mutual Funds	—	—	$5K	0.2%
American Funds Capital Income Builder - R2	Mutual Funds	—	—	$3K	0.1%
American Funds Short-Term Bond Fund of America - R2	Mutual Funds	—	—	$2K	<0.1%
American Funds American Funds 2015 Target Date - R2	Mutual Funds	—	—	$1K	<0.1%