Civic Intelligence

Nortech Systems Incorporated

Plan context: Nortech Systems Incorporated 401K Profit Sharing Plan

EIN 41-1681094 • Wayzata, MN • 47 filings • 12 plans

1120 Wayzata Blvd EastSuite 201Wayzata, MN 55391
Current Snapshot

Latest Year

2024

2024 Participants

356

2024 Assets

$27,867,268

2024 Contributions

$3,276,643

Historical Graphs

Total Assets Over Time

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

$27,867,268$13,933,634$0199920122024YearValue
$27,867,268Latest year 2024

Participants Over Time

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

8684340199920122024YearValue
356Latest 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
20241356$27,867,268$3,276,643$9,204iApproximate average salary by contribution assumption: employee only about $230,101 at 4% or $153,401 at 6%; with 50% employer match about $153,401 at 4% or $102,267 at 6%; with 100% employer match about $115,051 at 4% or $76,700 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-356$27,867,268$3,276,643$9,204iApproximate average salary by contribution assumption: employee only about $230,101 at 4% or $153,401 at 6%; with 50% employer match about $153,401 at 4% or $102,267 at 6%; with 100% employer match about $115,051 at 4% or $76,700 at 6%.
20231397$25,544,794$2,794,636$7,039iApproximate average salary by contribution assumption: employee only about $175,985 at 4% or $117,323 at 6%; with 50% employer match about $117,323 at 4% or $78,215 at 6%; with 100% employer match about $87,992 at 4% or $58,662 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-397$25,544,794$2,794,636$7,039iApproximate average salary by contribution assumption: employee only about $175,985 at 4% or $117,323 at 6%; with 50% employer match about $117,323 at 4% or $78,215 at 6%; with 100% employer match about $87,992 at 4% or $58,662 at 6%.
20221419$21,630,369$2,644,738$6,312iApproximate average salary by contribution assumption: employee only about $157,801 at 4% or $105,200 at 6%; with 50% employer match about $105,200 at 4% or $70,134 at 6%; with 100% employer match about $78,900 at 4% or $52,600 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-419$21,630,369$2,644,738$6,312iApproximate average salary by contribution assumption: employee only about $157,801 at 4% or $105,200 at 6%; with 50% employer match about $105,200 at 4% or $70,134 at 6%; with 100% employer match about $78,900 at 4% or $52,600 at 6%.
20211395$24,926,830$2,049,140$5,188iApproximate average salary by contribution assumption: employee only about $129,692 at 4% or $86,462 at 6%; with 50% employer match about $86,462 at 4% or $57,641 at 6%; with 100% employer match about $64,846 at 4% or $43,231 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-395$24,926,830$2,049,140$5,188iApproximate average salary by contribution assumption: employee only about $129,692 at 4% or $86,462 at 6%; with 50% employer match about $86,462 at 4% or $57,641 at 6%; with 100% employer match about $64,846 at 4% or $43,231 at 6%.
20201387$23,314,717$2,061,748$5,328iApproximate average salary by contribution assumption: employee only about $133,188 at 4% or $88,792 at 6%; with 50% employer match about $88,792 at 4% or $59,195 at 6%; with 100% employer match about $66,594 at 4% or $44,396 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-387$23,314,717$2,061,748$5,328iApproximate average salary by contribution assumption: employee only about $133,188 at 4% or $88,792 at 6%; with 50% employer match about $88,792 at 4% or $59,195 at 6%; with 100% employer match about $66,594 at 4% or $44,396 at 6%.
20191465$22,597,424$2,076,023$4,465iApproximate average salary by contribution assumption: employee only about $111,614 at 4% or $74,409 at 6%; with 50% employer match about $74,409 at 4% or $49,606 at 6%; with 100% employer match about $55,807 at 4% or $37,205 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-465$22,597,424$2,076,023$4,465iApproximate average salary by contribution assumption: employee only about $111,614 at 4% or $74,409 at 6%; with 50% employer match about $74,409 at 4% or $49,606 at 6%; with 100% employer match about $55,807 at 4% or $37,205 at 6%.
20181468$18,260,041$2,528,182$5,402iApproximate average salary by contribution assumption: employee only about $135,052 at 4% or $90,035 at 6%; with 50% employer match about $90,035 at 4% or $60,023 at 6%; with 100% employer match about $67,526 at 4% or $45,017 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-468$18,260,041$2,528,182$5,402iApproximate average salary by contribution assumption: employee only about $135,052 at 4% or $90,035 at 6%; with 50% employer match about $90,035 at 4% or $60,023 at 6%; with 100% employer match about $67,526 at 4% or $45,017 at 6%.
20171507$19,191,953$2,169,893$4,280iApproximate average salary by contribution assumption: employee only about $106,997 at 4% or $71,331 at 6%; with 50% employer match about $71,331 at 4% or $47,554 at 6%; with 100% employer match about $53,498 at 4% or $35,666 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-507$19,191,953$2,169,893$4,280iApproximate average salary by contribution assumption: employee only about $106,997 at 4% or $71,331 at 6%; with 50% employer match about $71,331 at 4% or $47,554 at 6%; with 100% employer match about $53,498 at 4% or $35,666 at 6%.
20161513$16,958,004$1,955,471$3,812iApproximate average salary by contribution assumption: employee only about $95,296 at 4% or $63,531 at 6%; with 50% employer match about $63,531 at 4% or $42,354 at 6%; with 100% employer match about $47,648 at 4% or $31,765 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-513$16,958,004$1,955,471$3,812iApproximate average salary by contribution assumption: employee only about $95,296 at 4% or $63,531 at 6%; with 50% employer match about $63,531 at 4% or $42,354 at 6%; with 100% employer match about $47,648 at 4% or $31,765 at 6%.
20151533$15,363,905$1,615,877$3,032iApproximate average salary by contribution assumption: employee only about $75,792 at 4% or $50,528 at 6%; with 50% employer match about $50,528 at 4% or $33,685 at 6%; with 100% employer match about $37,896 at 4% or $25,264 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-533$15,363,905$1,615,877$3,032iApproximate average salary by contribution assumption: employee only about $75,792 at 4% or $50,528 at 6%; with 50% employer match about $50,528 at 4% or $33,685 at 6%; with 100% employer match about $37,896 at 4% or $25,264 at 6%.
20141518$16,024,277$2,262,852$4,368iApproximate average salary by contribution assumption: employee only about $109,211 at 4% or $72,807 at 6%; with 50% employer match about $72,807 at 4% or $48,538 at 6%; with 100% employer match about $54,606 at 4% or $36,404 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-518$16,024,277$2,262,852$4,368iApproximate average salary by contribution assumption: employee only about $109,211 at 4% or $72,807 at 6%; with 50% employer match about $72,807 at 4% or $48,538 at 6%; with 100% employer match about $54,606 at 4% or $36,404 at 6%.
20131550$14,370,275$1,375,672$2,501iApproximate average salary by contribution assumption: employee only about $62,531 at 4% or $41,687 at 6%; with 50% employer match about $41,687 at 4% or $27,791 at 6%; with 100% employer match about $31,265 at 4% or $20,844 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-550$14,370,275$1,375,672$2,501iApproximate average salary by contribution assumption: employee only about $62,531 at 4% or $41,687 at 6%; with 50% employer match about $41,687 at 4% or $27,791 at 6%; with 100% employer match about $31,265 at 4% or $20,844 at 6%.
20121543$11,959,189$1,296,441$2,388iApproximate average salary by contribution assumption: employee only about $59,689 at 4% or $39,793 at 6%; with 50% employer match about $39,793 at 4% or $26,528 at 6%; with 100% employer match about $29,844 at 4% or $19,896 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-543$11,959,189$1,296,441$2,388iApproximate average salary by contribution assumption: employee only about $59,689 at 4% or $39,793 at 6%; with 50% employer match about $39,793 at 4% or $26,528 at 6%; with 100% employer match about $29,844 at 4% or $19,896 at 6%.
20111610$10,544,735$2,248,998$3,687iApproximate average salary by contribution assumption: employee only about $92,172 at 4% or $61,448 at 6%; with 50% employer match about $61,448 at 4% or $40,965 at 6%; with 100% employer match about $46,086 at 4% or $30,724 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-610$10,544,735$2,248,998$3,687iApproximate average salary by contribution assumption: employee only about $92,172 at 4% or $61,448 at 6%; with 50% employer match about $61,448 at 4% or $40,965 at 6%; with 100% employer match about $46,086 at 4% or $30,724 at 6%.
20101565$9,398,681$1,024,575$1,813iApproximate average salary by contribution assumption: employee only about $45,335 at 4% or $30,223 at 6%; with 50% employer match about $30,223 at 4% or $20,149 at 6%; with 100% employer match about $22,668 at 4% or $15,112 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-565$9,398,681$1,024,575$1,813iApproximate average salary by contribution assumption: employee only about $45,335 at 4% or $30,223 at 6%; with 50% employer match about $30,223 at 4% or $20,149 at 6%; with 100% employer match about $22,668 at 4% or $15,112 at 6%.
20096478$8,087,287$1,091,129$2,283iApproximate average salary by contribution assumption: employee only about $57,067 at 4% or $38,045 at 6%; with 50% employer match about $38,045 at 4% or $25,363 at 6%; with 100% employer match about $28,534 at 4% or $19,022 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-478$8,087,287$1,091,129$2,283iApproximate average salary by contribution assumption: employee only about $57,067 at 4% or $38,045 at 6%; with 50% employer match about $38,045 at 4% or $25,363 at 6%; with 100% employer match about $28,534 at 4% or $19,022 at 6%.
NORTECH SYSTEMS, INC. HEALTH INSURANCE PLAN-343---
NORTECH SYSTEMS INC. DENTAL INSURANCE PLAN-381---
NORTECH SYSTEMS INC. LIFE AND DISABILITY INSURANCE PLANS-468---
NORTECH SYSTEMS, INC. VISION PLAN-220---
NORTECH SYSTEMS INC. LIFE AND DISABILITY INSURANCE-0---
20085868$6,483,211$1,474,586$1,699iApproximate average salary by contribution assumption: employee only about $42,471 at 4% or $28,314 at 6%; with 50% employer match about $28,314 at 4% or $18,876 at 6%; with 100% employer match about $21,235 at 4% or $14,157 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-868$6,483,211$1,474,586$1,699iApproximate average salary by contribution assumption: employee only about $42,471 at 4% or $28,314 at 6%; with 50% employer match about $28,314 at 4% or $18,876 at 6%; with 100% employer match about $21,235 at 4% or $14,157 at 6%.
NORTECH SYSTEMS INC. DENTAL INSURANCE PLAN-355---
NORTECH SYSTEMS, INC. HEALTH INSURANCE PLAN-433---
NORTECH SYSTEMS INC. LIFE AND DISABILITY INSURANCE PLANS-635---
NORTECH SYSTEMS, INC. VISION PLAN-420---
20075797$8,824,478$1,775,442$2,228iApproximate average salary by contribution assumption: employee only about $55,691 at 4% or $37,128 at 6%; with 50% employer match about $37,128 at 4% or $24,752 at 6%; with 100% employer match about $27,846 at 4% or $18,564 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-707$8,824,478$1,775,442$2,511iApproximate average salary by contribution assumption: employee only about $62,781 at 4% or $41,854 at 6%; with 50% employer match about $41,854 at 4% or $27,903 at 6%; with 100% employer match about $31,390 at 4% or $20,927 at 6%.
NORTECH SYSTEMS INC. LIFE AND DISABILITY INSURANCE PLANS-795---
NORTECH SYSTEMS INC. DENTAL INSURANCE PLAN-636---
NORTECH SYSTEMS, INC. VISION PLAN-797---
NORTECH SYSTEMS, INC. HEALTH INSURANCE PLAN-592---
20064790$7,194,356$1,070,798$1,355iApproximate average salary by contribution assumption: employee only about $33,886 at 4% or $22,591 at 6%; with 50% employer match about $22,591 at 4% or $15,060 at 6%; with 100% employer match about $16,943 at 4% or $11,295 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-657$7,194,356$1,070,798$1,630iApproximate average salary by contribution assumption: employee only about $40,746 at 4% or $27,164 at 6%; with 50% employer match about $27,164 at 4% or $18,109 at 6%; with 100% employer match about $20,373 at 4% or $13,582 at 6%.
NORTECH SYSTEMS, INC. HEALTH INSURANCE PLAN-542---
NORTECH SYSTEMS INC. DENTAL INSURANCE PLAN-548---
NORTECH SYSTEMS INC. LIFE AND DISABILITY INSURANCE PLANS-790---
20054748$6,127,456$1,034,118$1,383iApproximate average salary by contribution assumption: employee only about $34,563 at 4% or $23,042 at 6%; with 50% employer match about $23,042 at 4% or $15,361 at 6%; with 100% employer match about $17,281 at 4% or $11,521 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-537$6,127,456$1,034,118$1,926iApproximate average salary by contribution assumption: employee only about $48,143 at 4% or $32,096 at 6%; with 50% employer match about $32,096 at 4% or $21,397 at 6%; with 100% employer match about $24,072 at 4% or $16,048 at 6%.
NORTECH SYSTEMS, INC. HEALTH INSURANCE PLAN-530---
NORTECH SYSTEMS INC. DENTAL INSURANCE PLAN-525---
NORTECH SYSTEMS INC. LIFE AND DISABILITY INSURANCE PLANS-748---
20043586$5,086,491$800,901$1,367iApproximate average salary by contribution assumption: employee only about $34,168 at 4% or $22,779 at 6%; with 50% employer match about $22,779 at 4% or $15,186 at 6%; with 100% employer match about $17,084 at 4% or $11,389 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-523$5,086,491$800,901$1,531iApproximate average salary by contribution assumption: employee only about $38,284 at 4% or $25,523 at 6%; with 50% employer match about $25,523 at 4% or $17,015 at 6%; with 100% employer match about $19,142 at 4% or $12,761 at 6%.
NORTECH SYSTEMS INC LIFE AND DISABILITY INSURANCE PLANS-586---
NORTECH SYSTEMS INC DENTAL INSURANCE PLAN-431---
20031600$4,214,249$757,728$1,263iApproximate average salary by contribution assumption: employee only about $31,572 at 4% or $21,048 at 6%; with 50% employer match about $21,048 at 4% or $14,032 at 6%; with 100% employer match about $15,786 at 4% or $10,524 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-600$4,214,249$757,728$1,263iApproximate average salary by contribution assumption: employee only about $31,572 at 4% or $21,048 at 6%; with 50% employer match about $21,048 at 4% or $14,032 at 6%; with 100% employer match about $15,786 at 4% or $10,524 at 6%.
20021628$2,921,242$757,735$1,207iApproximate average salary by contribution assumption: employee only about $30,165 at 4% or $20,110 at 6%; with 50% employer match about $20,110 at 4% or $13,406 at 6%; with 100% employer match about $15,082 at 4% or $10,055 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-628$2,921,242$757,735$1,207iApproximate average salary by contribution assumption: employee only about $30,165 at 4% or $20,110 at 6%; with 50% employer match about $20,110 at 4% or $13,406 at 6%; with 100% employer match about $15,082 at 4% or $10,055 at 6%.
20011759$2,774,718$607,676$801iApproximate average salary by contribution assumption: employee only about $20,016 at 4% or $13,344 at 6%; with 50% employer match about $13,344 at 4% or $8,896 at 6%; with 100% employer match about $10,008 at 4% or $6,672 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-759$2,774,718$607,676$801iApproximate average salary by contribution assumption: employee only about $20,016 at 4% or $13,344 at 6%; with 50% employer match about $13,344 at 4% or $8,896 at 6%; with 100% employer match about $10,008 at 4% or $6,672 at 6%.
20001517$2,865,611$471,544$912iApproximate average salary by contribution assumption: employee only about $22,802 at 4% or $15,201 at 6%; with 50% employer match about $15,201 at 4% or $10,134 at 6%; with 100% employer match about $11,401 at 4% or $7,601 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-517$2,865,611$471,544$912iApproximate average salary by contribution assumption: employee only about $22,802 at 4% or $15,201 at 6%; with 50% employer match about $15,201 at 4% or $10,134 at 6%; with 100% employer match about $11,401 at 4% or $7,601 at 6%.
19991611$3,163,306$462,464$757iApproximate average salary by contribution assumption: employee only about $18,922 at 4% or $12,615 at 6%; with 50% employer match about $12,615 at 4% or $8,410 at 6%; with 100% employer match about $9,461 at 4% or $6,307 at 6%.
Nortech Systems Incorporated 401K Profit Sharing Plan-611$3,163,306$462,464$757iApproximate average salary by contribution assumption: employee only about $18,922 at 4% or $12,615 at 6%; with 50% employer match about $12,615 at 4% or $8,410 at 6%; with 100% employer match about $9,461 at 4% or $6,307 at 6%.