Civic Intelligence

Nortech Laboratories Inc

Plan context: Nortech Laboratories Inc 401K Profit Sharing Plan && Trust

EIN 13-2521605 • Farmingdale, NY • 25 filings • 4 plans

125 Sherwood Ave.Farmingdale, NY 11735
Current Snapshot

Latest Year

2024

2024 Participants

21

2024 Assets

$4,156,145

2024 Contributions

$436,876

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$4,156,145$2,078,073$0199920172024YearValue
$4,156,145Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

21110199920172024YearValue
21Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024221$4,156,145$436,876$20,804iApproximate average salary by contribution assumption: employee only about $520,090 at 4% or $346,727 at 6%; with 50% employer match about $346,727 at 4% or $231,151 at 6%; with 100% employer match about $260,045 at 4% or $173,363 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-20$2,848,099$200,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
NORTECH LABS, INC. RETIREMENT PLAN-21$1,308,046$236,876$11,280iApproximate average salary by contribution assumption: employee only about $281,995 at 4% or $187,997 at 6%; with 50% employer match about $187,997 at 4% or $125,331 at 6%; with 100% employer match about $140,998 at 4% or $93,998 at 6%.
2023219$3,098,387$563,172$29,641iApproximate average salary by contribution assumption: employee only about $741,016 at 4% or $494,011 at 6%; with 50% employer match about $494,011 at 4% or $329,340 at 6%; with 100% employer match about $370,508 at 4% or $247,005 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-18$2,249,798$357,900$19,883iApproximate average salary by contribution assumption: employee only about $497,083 at 4% or $331,389 at 6%; with 50% employer match about $331,389 at 4% or $220,926 at 6%; with 100% employer match about $248,542 at 4% or $165,694 at 6%.
NORTECH LABS, INC. RETIREMENT PLAN-19$848,589$205,272$10,804iApproximate average salary by contribution assumption: employee only about $270,095 at 4% or $180,063 at 6%; with 50% employer match about $180,063 at 4% or $120,042 at 6%; with 100% employer match about $135,047 at 4% or $90,032 at 6%.
2022219$2,100,485$368,525$19,396iApproximate average salary by contribution assumption: employee only about $484,901 at 4% or $323,268 at 6%; with 50% employer match about $323,268 at 4% or $215,512 at 6%; with 100% employer match about $242,451 at 4% or $161,634 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-17$1,554,402$267,275$15,722iApproximate average salary by contribution assumption: employee only about $393,051 at 4% or $262,034 at 6%; with 50% employer match about $262,034 at 4% or $174,690 at 6%; with 100% employer match about $196,526 at 4% or $131,017 at 6%.
NORTECH LABS, INC. RETIREMENT PLAN-19$546,083$101,250$5,329iApproximate average salary by contribution assumption: employee only about $133,224 at 4% or $88,816 at 6%; with 50% employer match about $88,816 at 4% or $59,211 at 6%; with 100% employer match about $66,612 at 4% or $44,408 at 6%.
2021218$2,125,016$277,588$15,422iApproximate average salary by contribution assumption: employee only about $385,539 at 4% or $257,026 at 6%; with 50% employer match about $257,026 at 4% or $171,351 at 6%; with 100% employer match about $192,769 at 4% or $128,513 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-18$1,571,053$200,000$11,111iApproximate average salary by contribution assumption: employee only about $277,778 at 4% or $185,185 at 6%; with 50% employer match about $185,185 at 4% or $123,457 at 6%; with 100% employer match about $138,889 at 4% or $92,593 at 6%.
NORTECH LABS, INC. RETIREMENT PLAN-18$553,963$77,588$4,310iApproximate average salary by contribution assumption: employee only about $107,761 at 4% or $71,841 at 6%; with 50% employer match about $71,841 at 4% or $47,894 at 6%; with 100% employer match about $53,881 at 4% or $35,920 at 6%.
2020217$1,640,582$280,665$16,510iApproximate average salary by contribution assumption: employee only about $412,743 at 4% or $275,162 at 6%; with 50% employer match about $275,162 at 4% or $183,441 at 6%; with 100% employer match about $206,371 at 4% or $137,581 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-17$1,230,642$190,000$11,176iApproximate average salary by contribution assumption: employee only about $279,412 at 4% or $186,275 at 6%; with 50% employer match about $186,275 at 4% or $124,183 at 6%; with 100% employer match about $139,706 at 4% or $93,137 at 6%.
NORTECH LABS, INC. RETIREMENT PLAN-17$409,940$90,665$5,333iApproximate average salary by contribution assumption: employee only about $133,331 at 4% or $88,887 at 6%; with 50% employer match about $88,887 at 4% or $59,258 at 6%; with 100% employer match about $66,665 at 4% or $44,444 at 6%.
2019218$1,207,400$280,208$15,567iApproximate average salary by contribution assumption: employee only about $389,178 at 4% or $259,452 at 6%; with 50% employer match about $259,452 at 4% or $172,968 at 6%; with 100% employer match about $194,589 at 4% or $129,726 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-16$923,331$215,000$13,438iApproximate average salary by contribution assumption: employee only about $335,938 at 4% or $223,958 at 6%; with 50% employer match about $223,958 at 4% or $149,306 at 6%; with 100% employer match about $167,969 at 4% or $111,979 at 6%.
NORTECH LABS, INC. RETIREMENT PLAN-18$284,069$65,208$3,623iApproximate average salary by contribution assumption: employee only about $90,567 at 4% or $60,378 at 6%; with 50% employer match about $60,378 at 4% or $40,252 at 6%; with 100% employer match about $45,283 at 4% or $30,189 at 6%.
2018218$794,854$292,616$16,256iApproximate average salary by contribution assumption: employee only about $406,411 at 4% or $270,941 at 6%; with 50% employer match about $270,941 at 4% or $180,627 at 6%; with 100% employer match about $203,206 at 4% or $135,470 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-18$599,176$225,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
NORTECH LABS, INC. RETIREMENT PLAN-18$195,678$67,616$3,756iApproximate average salary by contribution assumption: employee only about $93,911 at 4% or $62,607 at 6%; with 50% employer match about $62,607 at 4% or $41,738 at 6%; with 100% employer match about $46,956 at 4% or $31,304 at 6%.
2017218$538,076$294,675$16,371iApproximate average salary by contribution assumption: employee only about $409,271 at 4% or $272,847 at 6%; with 50% employer match about $272,847 at 4% or $181,898 at 6%; with 100% employer match about $204,635 at 4% or $136,424 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-18$406,636$225,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
NORTECH LABS, INC. RETIREMENT PLAN-18$131,440$69,675$3,871iApproximate average salary by contribution assumption: employee only about $96,771 at 4% or $64,514 at 6%; with 50% employer match about $64,514 at 4% or $43,009 at 6%; with 100% employer match about $48,385 at 4% or $32,257 at 6%.
2016215$229,206$229,206$15,280iApproximate average salary by contribution assumption: employee only about $382,010 at 4% or $254,673 at 6%; with 50% employer match about $254,673 at 4% or $169,782 at 6%; with 100% employer match about $191,005 at 4% or $127,337 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-15$170,944$170,944$11,396iApproximate average salary by contribution assumption: employee only about $284,907 at 4% or $189,938 at 6%; with 50% employer match about $189,938 at 4% or $126,625 at 6%; with 100% employer match about $142,453 at 4% or $94,969 at 6%.
NORTECH LABS, INC. RETIREMENT PLAN-15$58,262$58,262$3,884iApproximate average salary by contribution assumption: employee only about $97,103 at 4% or $64,736 at 6%; with 50% employer match about $64,736 at 4% or $43,157 at 6%; with 100% employer match about $48,552 at 4% or $32,368 at 6%.
2005111$105,243$5,820$529iApproximate average salary by contribution assumption: employee only about $13,227 at 4% or $8,818 at 6%; with 50% employer match about $8,818 at 4% or $5,879 at 6%; with 100% employer match about $6,614 at 4% or $4,409 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-11$105,243$5,820$529iApproximate average salary by contribution assumption: employee only about $13,227 at 4% or $8,818 at 6%; with 50% employer match about $8,818 at 4% or $5,879 at 6%; with 100% employer match about $6,614 at 4% or $4,409 at 6%.
200419$100,327$12,560$1,396iApproximate average salary by contribution assumption: employee only about $34,889 at 4% or $23,259 at 6%; with 50% employer match about $23,259 at 4% or $15,506 at 6%; with 100% employer match about $17,444 at 4% or $11,630 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-9$100,327$12,560$1,396iApproximate average salary by contribution assumption: employee only about $34,889 at 4% or $23,259 at 6%; with 50% employer match about $23,259 at 4% or $15,506 at 6%; with 100% employer match about $17,444 at 4% or $11,630 at 6%.
2003110$78,817$11,902$1,190iApproximate average salary by contribution assumption: employee only about $29,755 at 4% or $19,837 at 6%; with 50% employer match about $19,837 at 4% or $13,224 at 6%; with 100% employer match about $14,878 at 4% or $9,918 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-10$78,817$11,902$1,190iApproximate average salary by contribution assumption: employee only about $29,755 at 4% or $19,837 at 6%; with 50% employer match about $19,837 at 4% or $13,224 at 6%; with 100% employer match about $14,878 at 4% or $9,918 at 6%.
200218$52,832$13,152$1,644iApproximate average salary by contribution assumption: employee only about $41,100 at 4% or $27,400 at 6%; with 50% employer match about $27,400 at 4% or $18,267 at 6%; with 100% employer match about $20,550 at 4% or $13,700 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-8$52,832$13,152$1,644iApproximate average salary by contribution assumption: employee only about $41,100 at 4% or $27,400 at 6%; with 50% employer match about $27,400 at 4% or $18,267 at 6%; with 100% employer match about $20,550 at 4% or $13,700 at 6%.
200117$50,819$18,433$2,633iApproximate average salary by contribution assumption: employee only about $65,832 at 4% or $43,888 at 6%; with 50% employer match about $43,888 at 4% or $29,259 at 6%; with 100% employer match about $32,916 at 4% or $21,944 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-7$50,819$18,433$2,633iApproximate average salary by contribution assumption: employee only about $65,832 at 4% or $43,888 at 6%; with 50% employer match about $43,888 at 4% or $29,259 at 6%; with 100% employer match about $32,916 at 4% or $21,944 at 6%.
2000110$34,331$23,641$2,364iApproximate average salary by contribution assumption: employee only about $59,103 at 4% or $39,402 at 6%; with 50% employer match about $39,402 at 4% or $26,268 at 6%; with 100% employer match about $29,551 at 4% or $19,701 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-10$34,331$23,641$2,364iApproximate average salary by contribution assumption: employee only about $59,103 at 4% or $39,402 at 6%; with 50% employer match about $39,402 at 4% or $26,268 at 6%; with 100% employer match about $29,551 at 4% or $19,701 at 6%.
1999112$11,269$10,616$885iApproximate average salary by contribution assumption: employee only about $22,117 at 4% or $14,744 at 6%; with 50% employer match about $14,744 at 4% or $9,830 at 6%; with 100% employer match about $11,058 at 4% or $7,372 at 6%.
Nortech Laboratories Inc 401K Profit Sharing Plan && Trust-12$11,269$10,616$885iApproximate average salary by contribution assumption: employee only about $22,117 at 4% or $14,744 at 6%; with 50% employer match about $14,744 at 4% or $9,830 at 6%; with 100% employer match about $11,058 at 4% or $7,372 at 6%.
Nortech Laboratories Inc | EIN 13-2521605 | 2024 Form 5500 Company Profile