Norwood Tool Company
Plan context: Norwood Tool Company Employee Savings Plan and Trust
EIN 31-1013821 • 171 filings • 21 plans
Current Snapshot
Latest Year
2024
2024 Participants
1,154
2024 Assets
$70,390,762
2024 Contributions
$6,364,100
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 8 | 1,154 | $70,390,762 | $6,364,100 | $5,515iApproximate average salary by contribution assumption: employee only about $137,870 at 4% or $91,914 at 6%; with 50% employer match about $91,914 at 4% or $61,276 at 6%; with 100% employer match about $68,935 at 4% or $45,957 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 1,154 | $70,390,762 | $6,364,100 | $5,515iApproximate average salary by contribution assumption: employee only about $137,870 at 4% or $91,914 at 6%; with 50% employer match about $91,914 at 4% or $61,276 at 6%; with 100% employer match about $68,935 at 4% or $45,957 at 6%. |
| Norwood Tool Company Long Term Disability Plan | - | 139 | - | - | - |
| Norwood Tool Company Vision Plan | - | 886 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 1,128 | - | - | - |
| Norwood Tool Company Dental Plan | - | 976 | - | - | - |
| Norwood Tool Company Health Plan | - | 963 | - | - | - |
| Norwood Tool Company Disability Plan | - | 1,128 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 621 | - | - | - |
| 2023 | 8 | 1,215 | $63,867,326 | $6,146,276 | $5,059iApproximate average salary by contribution assumption: employee only about $126,467 at 4% or $84,311 at 6%; with 50% employer match about $84,311 at 4% or $56,207 at 6%; with 100% employer match about $63,233 at 4% or $42,156 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 1,200 | $63,867,326 | $6,146,276 | $5,122iApproximate average salary by contribution assumption: employee only about $128,047 at 4% or $85,365 at 6%; with 50% employer match about $85,365 at 4% or $56,910 at 6%; with 100% employer match about $64,024 at 4% or $42,682 at 6%. |
| Norwood Tool Company Long Term Disability Plan | - | 145 | - | - | - |
| Norwood Tool Company Vision Plan | - | 935 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 1,215 | - | - | - |
| Norwood Tool Company Dental Plan | - | 1,033 | - | - | - |
| Norwood Tool Company Health Plan | - | 1,034 | - | - | - |
| Norwood Tool Company Disability Plan | - | 1,215 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 653 | - | - | - |
| 2022 | 8 | 1,218 | $54,306,268 | $5,881,209 | $4,829iApproximate average salary by contribution assumption: employee only about $120,714 at 4% or $80,476 at 6%; with 50% employer match about $80,476 at 4% or $53,651 at 6%; with 100% employer match about $60,357 at 4% or $40,238 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 1,218 | $54,306,268 | $5,881,209 | $4,829iApproximate average salary by contribution assumption: employee only about $120,714 at 4% or $80,476 at 6%; with 50% employer match about $80,476 at 4% or $53,651 at 6%; with 100% employer match about $60,357 at 4% or $40,238 at 6%. |
| Norwood Tool Company Long Term Disability Plan | - | 128 | - | - | - |
| Norwood Tool Company Vision Plan | - | 955 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 1,181 | - | - | - |
| Norwood Tool Company Dental Plan | - | 1,038 | - | - | - |
| Norwood Tool Company Health Plan | - | 1,030 | - | - | - |
| Norwood Tool Company Disability Plan | - | 1,181 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 633 | - | - | - |
| 2021 | 8 | 1,156 | $66,267,576 | $5,815,591 | $5,031iApproximate average salary by contribution assumption: employee only about $125,770 at 4% or $83,846 at 6%; with 50% employer match about $83,846 at 4% or $55,898 at 6%; with 100% employer match about $62,885 at 4% or $41,923 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 1,156 | $66,267,576 | $5,815,591 | $5,031iApproximate average salary by contribution assumption: employee only about $125,770 at 4% or $83,846 at 6%; with 50% employer match about $83,846 at 4% or $55,898 at 6%; with 100% employer match about $62,885 at 4% or $41,923 at 6%. |
| Norwood Tool Company Health Plan | - | 1,018 | - | - | - |
| Norwood Tool Company Dental Plan | - | 999 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 1,134 | - | - | - |
| Norwood Tool Company Vision Plan | - | 926 | - | - | - |
| Norwood Tool Company Long Term Disability Plan | - | 130 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 597 | - | - | - |
| Norwood Tool Company Disability Plan | - | 1,128 | - | - | - |
| 2020 | 8 | 1,181 | $56,570,543 | $5,171,198 | $4,379iApproximate average salary by contribution assumption: employee only about $109,467 at 4% or $72,978 at 6%; with 50% employer match about $72,978 at 4% or $48,652 at 6%; with 100% employer match about $54,733 at 4% or $36,489 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 1,177 | $56,570,543 | $5,171,198 | $4,394iApproximate average salary by contribution assumption: employee only about $109,839 at 4% or $73,226 at 6%; with 50% employer match about $73,226 at 4% or $48,817 at 6%; with 100% employer match about $54,919 at 4% or $36,613 at 6%. |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 1,181 | - | - | - |
| Norwood Tool Company Health Plan | - | 1,030 | - | - | - |
| Norwood Tool Company Dental Plan | - | 1,038 | - | - | - |
| Norwood Tool Company Long Term Disability Plan | - | 128 | - | - | - |
| Norwood Tool Company Disability Plan | - | 1,181 | - | - | - |
| Norwood Tool Company Vision Plan | - | 955 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 633 | - | - | - |
| 2019 | 8 | 1,139 | $48,909,043 | $4,903,073 | $4,305iApproximate average salary by contribution assumption: employee only about $107,618 at 4% or $71,745 at 6%; with 50% employer match about $71,745 at 4% or $47,830 at 6%; with 100% employer match about $53,809 at 4% or $35,873 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 1,139 | $48,909,043 | $4,903,073 | $4,305iApproximate average salary by contribution assumption: employee only about $107,618 at 4% or $71,745 at 6%; with 50% employer match about $71,745 at 4% or $47,830 at 6%; with 100% employer match about $53,809 at 4% or $35,873 at 6%. |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 1,138 | - | - | - |
| Norwood Tool Company Health Plan | - | 1,001 | - | - | - |
| Norwood Tool Company Long Term Disability Plan | - | 123 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 602 | - | - | - |
| Norwood Tool Company Disability Plan | - | 1,138 | - | - | - |
| Norwood Tool Company Dental Plan | - | 946 | - | - | - |
| Norwood Tool Company Vision Plan | - | 901 | - | - | - |
| 2018 | 8 | 1,092 | $36,667,392 | $4,896,810 | $4,484iApproximate average salary by contribution assumption: employee only about $112,106 at 4% or $74,738 at 6%; with 50% employer match about $74,738 at 4% or $49,825 at 6%; with 100% employer match about $56,053 at 4% or $37,369 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 1,085 | $36,667,392 | $4,896,810 | $4,513iApproximate average salary by contribution assumption: employee only about $112,830 at 4% or $75,220 at 6%; with 50% employer match about $75,220 at 4% or $50,147 at 6%; with 100% employer match about $56,415 at 4% or $37,610 at 6%. |
| Norwood Tool Company Vision Plan | - | 856 | - | - | - |
| Norwood Tool Company Long Term Disability Plan | - | 127 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 1,092 | - | - | - |
| Norwood Tool Company Disability Plan | - | 1,092 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 559 | - | - | - |
| Norwood Tool Company Health Plan | - | 963 | - | - | - |
| Norwood Tool Company Dental Plan | - | 942 | - | - | - |
| 2017 | 8 | 1,114 | $36,761,787 | $4,033,192 | $3,620iApproximate average salary by contribution assumption: employee only about $90,511 at 4% or $60,341 at 6%; with 50% employer match about $60,341 at 4% or $40,227 at 6%; with 100% employer match about $45,256 at 4% or $30,170 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 1,114 | $36,761,787 | $4,033,192 | $3,620iApproximate average salary by contribution assumption: employee only about $90,511 at 4% or $60,341 at 6%; with 50% employer match about $60,341 at 4% or $40,227 at 6%; with 100% employer match about $45,256 at 4% or $30,170 at 6%. |
| Norwood Tool Company Long Term Disability Plan | - | 128 | - | - | - |
| Norwood Tool Company Vision Plan | - | 803 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 1,108 | - | - | - |
| Norwood Tool Company Dental Plan | - | 933 | - | - | - |
| Norwood Tool Company Health Plan | - | 957 | - | - | - |
| Norwood Tool Company Disability Plan | - | 1,108 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 565 | - | - | - |
| 2016 | 8 | 973 | $28,998,884 | $3,272,040 | $3,363iApproximate average salary by contribution assumption: employee only about $84,071 at 4% or $56,047 at 6%; with 50% employer match about $56,047 at 4% or $37,365 at 6%; with 100% employer match about $42,035 at 4% or $28,024 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 973 | $28,998,884 | $3,272,040 | $3,363iApproximate average salary by contribution assumption: employee only about $84,071 at 4% or $56,047 at 6%; with 50% employer match about $56,047 at 4% or $37,365 at 6%; with 100% employer match about $42,035 at 4% or $28,024 at 6%. |
| Norwood Tool Company Vision Plan | - | 708 | - | - | - |
| Norwood Tool Company Long Term Disability Plan | - | 103 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 969 | - | - | - |
| Norwood Tool Company Dental Plan | - | 851 | - | - | - |
| Norwood Tool Company Health Plan | - | 857 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 516 | - | - | - |
| Norwood Tool Company Disability Plan | - | 969 | - | - | - |
| 2015 | 8 | 934 | $24,891,381 | $2,871,879 | $3,075iApproximate average salary by contribution assumption: employee only about $76,870 at 4% or $51,247 at 6%; with 50% employer match about $51,247 at 4% or $34,165 at 6%; with 100% employer match about $38,435 at 4% or $25,623 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 921 | $24,891,381 | $2,871,879 | $3,118iApproximate average salary by contribution assumption: employee only about $77,955 at 4% or $51,970 at 6%; with 50% employer match about $51,970 at 4% or $34,647 at 6%; with 100% employer match about $38,978 at 4% or $25,985 at 6%. |
| Norwood Tool Company Vision Plan | - | 679 | - | - | - |
| Norwood Tool Company Dental Plan | - | 845 | - | - | - |
| Norwood Tool Company Health Plan | - | 838 | - | - | - |
| Norwood Tool Company Disability Plan | - | 934 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 934 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 504 | - | - | - |
| Norwood Tool Company Long Term Disability Plan | - | 104 | - | - | - |
| 2014 | 7 | 1,026 | $23,103,976 | $2,856,088 | $2,784iApproximate average salary by contribution assumption: employee only about $69,593 at 4% or $46,395 at 6%; with 50% employer match about $46,395 at 4% or $30,930 at 6%; with 100% employer match about $34,796 at 4% or $23,198 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 1,026 | $23,103,976 | $2,856,088 | $2,784iApproximate average salary by contribution assumption: employee only about $69,593 at 4% or $46,395 at 6%; with 50% employer match about $46,395 at 4% or $30,930 at 6%; with 100% employer match about $34,796 at 4% or $23,198 at 6%. |
| Norwood Tool Company Vision Plan | - | 736 | - | - | - |
| Norwood Tool Company Dental Plan | - | 904 | - | - | - |
| Norwood Tool Company Health Plan | - | 925 | - | - | - |
| Norwood Tool Company Disability Plan | - | 1,024 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 1,024 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 567 | - | - | - |
| 2013 | 7 | 922 | $19,788,690 | $2,314,952 | $2,511iApproximate average salary by contribution assumption: employee only about $62,770 at 4% or $41,847 at 6%; with 50% employer match about $41,847 at 4% or $27,898 at 6%; with 100% employer match about $31,385 at 4% or $20,923 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 854 | $19,788,690 | $2,314,952 | $2,711iApproximate average salary by contribution assumption: employee only about $67,768 at 4% or $45,179 at 6%; with 50% employer match about $45,179 at 4% or $30,119 at 6%; with 100% employer match about $33,884 at 4% or $22,589 at 6%. |
| Norwood Tool Company Disability Plan | - | 922 | - | - | - |
| Norwood Tool Company Health Plan | - | 829 | - | - | - |
| Norwood Tool Company Dental Plan | - | 806 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 922 | - | - | - |
| Norwood Tool Company Vision Plan | - | 590 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 508 | - | - | - |
| 2012 | 7 | 858 | $14,056,638 | $1,983,554 | $2,312iApproximate average salary by contribution assumption: employee only about $57,796 at 4% or $38,531 at 6%; with 50% employer match about $38,531 at 4% or $25,687 at 6%; with 100% employer match about $28,898 at 4% or $19,265 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 804 | $14,056,638 | $1,983,554 | $2,467iApproximate average salary by contribution assumption: employee only about $61,678 at 4% or $41,118 at 6%; with 50% employer match about $41,118 at 4% or $27,412 at 6%; with 100% employer match about $30,839 at 4% or $20,559 at 6%. |
| Norwood Tool Company Vision Plan | - | 558 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 858 | - | - | - |
| Norwood Tool Company Dental Plan | - | 770 | - | - | - |
| Norwood Tool Company Health Plan | - | 792 | - | - | - |
| Norwood Tool Company Disability Plan | - | 858 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 491 | - | - | - |
| 2011 | 7 | 792 | $10,789,757 | $1,789,296 | $2,259iApproximate average salary by contribution assumption: employee only about $56,480 at 4% or $37,654 at 6%; with 50% employer match about $37,654 at 4% or $25,102 at 6%; with 100% employer match about $28,240 at 4% or $18,827 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 734 | $10,789,757 | $1,789,296 | $2,438iApproximate average salary by contribution assumption: employee only about $60,943 at 4% or $40,629 at 6%; with 50% employer match about $40,629 at 4% or $27,086 at 6%; with 100% employer match about $30,472 at 4% or $20,314 at 6%. |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 440 | - | - | - |
| Norwood Tool Company Disability Plan | - | 792 | - | - | - |
| Norwood Tool Company Health Plan | - | 708 | - | - | - |
| Norwood Tool Company Dental Plan | - | 713 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 792 | - | - | - |
| Norwood Tool Company Vision Plan | - | 503 | - | - | - |
| 2010 | 7 | 763 | $9,773,300 | $1,382,175 | $1,812iApproximate average salary by contribution assumption: employee only about $45,288 at 4% or $30,192 at 6%; with 50% employer match about $30,192 at 4% or $20,128 at 6%; with 100% employer match about $22,644 at 4% or $15,096 at 6%. |
| Norwood Tool Company Employee Savings Plan and Trust | - | 689 | $9,773,300 | $1,382,175 | $2,006iApproximate average salary by contribution assumption: employee only about $50,151 at 4% or $33,434 at 6%; with 50% employer match about $33,434 at 4% or $22,290 at 6%; with 100% employer match about $25,076 at 4% or $16,717 at 6%. |
| Norwood Tool Company Dental Plan | - | 669 | - | - | - |
| Norwood Tool Company Health Plan | - | 688 | - | - | - |
| Norwood Tool Company Vision Plan | - | 469 | - | - | - |
| Norwood Tool Company Disability Plan | - | 763 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 427 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 763 | - | - | - |
| 2009 | 7 | 637 | $7,868,969 | $1,034,026 | $1,623iApproximate average salary by contribution assumption: employee only about $40,582 at 4% or $27,055 at 6%; with 50% employer match about $27,055 at 4% or $18,036 at 6%; with 100% employer match about $20,291 at 4% or $13,527 at 6%. |
| Norwood Tool Company Health Plan | - | 569 | - | - | - |
| Norwood Tool Company Basic Term Life Insurance Plan | - | 637 | - | - | - |
| Norwood Tool Company Voluntary Term Life Insurance Plan | - | 369 | - | - | - |
| Norwood Tool Company Disability Plan | - | 637 | - | - | - |
| Norwood Tool Company Dental Plan | - | 560 | - | - | - |
| 2008 | 6 | 650 | $5,791,117 | $999,878 | $1,538iApproximate average salary by contribution assumption: employee only about $38,457 at 4% or $25,638 at 6%; with 50% employer match about $25,638 at 4% or $17,092 at 6%; with 100% employer match about $19,228 at 4% or $12,819 at 6%. |
| 2007 | 6 | 504 | $7,570,462 | $939,310 | $1,864iApproximate average salary by contribution assumption: employee only about $46,593 at 4% or $31,062 at 6%; with 50% employer match about $31,062 at 4% or $20,708 at 6%; with 100% employer match about $23,296 at 4% or $15,531 at 6%. |
| 2006 | 6 | 471 | $6,147,225 | $835,185 | $1,773iApproximate average salary by contribution assumption: employee only about $44,330 at 4% or $29,554 at 6%; with 50% employer match about $29,554 at 4% or $19,702 at 6%; with 100% employer match about $22,165 at 4% or $14,777 at 6%. |
| 2005 | 6 | 384 | $4,787,086 | $610,926 | $1,591iApproximate average salary by contribution assumption: employee only about $39,774 at 4% or $26,516 at 6%; with 50% employer match about $26,516 at 4% or $17,677 at 6%; with 100% employer match about $19,887 at 4% or $13,258 at 6%. |
| 2004 | 6 | 334 | $3,984,457 | $518,264 | $1,552iApproximate average salary by contribution assumption: employee only about $38,792 at 4% or $25,861 at 6%; with 50% employer match about $25,861 at 4% or $17,241 at 6%; with 100% employer match about $19,396 at 4% or $12,931 at 6%. |
| 2003 | 6 | 231 | $3,165,412 | $360,381 | $1,560iApproximate average salary by contribution assumption: employee only about $39,002 at 4% or $26,002 at 6%; with 50% employer match about $26,002 at 4% or $17,334 at 6%; with 100% employer match about $19,501 at 4% or $13,001 at 6%. |
| 2002 | 4 | 221 | $2,397,631 | $413,751 | $1,872iApproximate average salary by contribution assumption: employee only about $46,804 at 4% or $31,203 at 6%; with 50% employer match about $31,203 at 4% or $20,802 at 6%; with 100% employer match about $23,402 at 4% or $15,601 at 6%. |
| 2001 | 4 | 211 | $2,811,143 | $390,994 | $1,853iApproximate average salary by contribution assumption: employee only about $46,326 at 4% or $30,884 at 6%; with 50% employer match about $30,884 at 4% or $20,589 at 6%; with 100% employer match about $23,163 at 4% or $15,442 at 6%. |
| 2000 | 4 | 164 | $0 | $0 | - |
| 1999 | 1 | 96 | $2,725,871 | $340,814 | $3,550iApproximate average salary by contribution assumption: employee only about $88,754 at 4% or $59,169 at 6%; with 50% employer match about $59,169 at 4% or $39,446 at 6%; with 100% employer match about $44,377 at 4% or $29,585 at 6%. |