401k Plan data: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN plan

NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	002

NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Profit-sharing Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

NORCO, INC. has sponsored the creation of one or more 401k plans.

Company Name: NORCO, INC.

Employer identification number (EIN): 820277763

NAIC Classification: 453990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01
002 2017-01-01 MICHAEL SABIN
002 2016-01-01 MICHAEL SABIN

Plan Statistics for NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 1,504
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 1,108
Number of retired or separated participants receiving benefits 2022-01-01 171
Number of other retired or separated participants entitled to future benefits 2022-01-01 165
Total of all active and inactive participants 2022-01-01 1,444
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 2
Total participants 2022-01-01 1,446
Number of participants with account balances 2022-01-01 1,263
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 70
2021: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 1,207
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 1,023
Number of retired or separated participants receiving benefits 2021-01-01 122
Number of other retired or separated participants entitled to future benefits 2021-01-01 189
Total of all active and inactive participants 2021-01-01 1,334
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 2
Total participants 2021-01-01 1,336
Number of participants with account balances 2021-01-01 1,223
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 89
2020: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 1,374
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 1,063
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 136
Total of all active and inactive participants 2020-01-01 1,199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 2
Total participants 2020-01-01 1,201
Number of participants with account balances 2020-01-01 1,200
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 133
2019: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 1,337
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 1,046
Number of retired or separated participants receiving benefits 2019-01-01 19
Number of other retired or separated participants entitled to future benefits 2019-01-01 126
Total of all active and inactive participants 2019-01-01 1,191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 1,191
Number of participants with account balances 2019-01-01 1,186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 134
2018: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 1,313
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 1,015
Number of retired or separated participants receiving benefits 2018-01-01 2
Number of other retired or separated participants entitled to future benefits 2018-01-01 142
Total of all active and inactive participants 2018-01-01 1,159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 1,159
Number of participants with account balances 2018-01-01 1,157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 155
2017: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 1,276
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 1,024
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 125
Total of all active and inactive participants 2017-01-01 1,149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 1
Total participants 2017-01-01 1,150
Number of participants with account balances 2017-01-01 1,141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 156
2016: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 1,217
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 1,016
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 97
Total of all active and inactive participants 2016-01-01 1,113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 1,113
Number of participants with account balances 2016-01-01 1,116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 181

Measure	Date	Value
2022: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	1,504
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	1,108
Number of retired or separated participants receiving benefits	2022-01-01	171
Number of other retired or separated participants entitled to future benefits	2022-01-01	165
Total of all active and inactive participants	2022-01-01	1,444
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	2
Total participants	2022-01-01	1,446
Number of participants with account balances	2022-01-01	1,263
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	70
2021: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	1,207
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	1,023
Number of retired or separated participants receiving benefits	2021-01-01	122
Number of other retired or separated participants entitled to future benefits	2021-01-01	189
Total of all active and inactive participants	2021-01-01	1,334
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	2
Total participants	2021-01-01	1,336
Number of participants with account balances	2021-01-01	1,223
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	89
2020: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	1,374
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	1,063
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	136
Total of all active and inactive participants	2020-01-01	1,199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	2
Total participants	2020-01-01	1,201
Number of participants with account balances	2020-01-01	1,200
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	133
2019: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	1,337
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	1,046
Number of retired or separated participants receiving benefits	2019-01-01	19
Number of other retired or separated participants entitled to future benefits	2019-01-01	126
Total of all active and inactive participants	2019-01-01	1,191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	1,191
Number of participants with account balances	2019-01-01	1,186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	134
2018: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	1,313
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	1,015
Number of retired or separated participants receiving benefits	2018-01-01	2
Number of other retired or separated participants entitled to future benefits	2018-01-01	142
Total of all active and inactive participants	2018-01-01	1,159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	1,159
Number of participants with account balances	2018-01-01	1,157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	155
2017: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	1,276
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	1,024
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	125
Total of all active and inactive participants	2017-01-01	1,149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	1
Total participants	2017-01-01	1,150
Number of participants with account balances	2017-01-01	1,141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	156
2016: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	1,217
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	1,016
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	97
Total of all active and inactive participants	2016-01-01	1,113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	1,113
Number of participants with account balances	2016-01-01	1,116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	181

Financial Data on NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2022 : NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2022-12-31	$15,063,987
Total unrealized appreciation/depreciation of assets	2022-12-31	$15,063,987
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$84,811,101
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$90,330,058
Expenses. Interest paid	2022-12-31	$2,357,615
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2022-12-31	$2,357,615
Total income from all sources (including contributions)	2022-12-31	$23,255,978
Total of all expenses incurred	2022-12-31	$11,341,099
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$8,983,484
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$8,185,998
Value of total assets at end of year	2022-12-31	$220,412,969
Value of total assets at beginning of year	2022-12-31	$214,017,047
Total interest from all sources	2022-12-31	$5,993
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$11,914,879
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$135,601,868
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$123,686,989
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$827,695
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$657,047
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$657,047
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$5,993
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Assets. Invements in employer securities at end of year	2022-12-31	$219,585,274
Assets. Invements in employer securities at beginning of year	2022-12-31	$213,360,000
Contributions received in cash from employer	2022-12-31	$8,185,998
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$8,983,484
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2022-12-31	$84,811,101
Liabilities. Value of acquisition indebtedness at beginning of year	2022-12-31	$90,330,058
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2022-12-31	450250958
2021 : NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2021-12-31	$7,910,000
Total unrealized appreciation/depreciation of assets	2021-12-31	$7,910,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$90,330,058
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$95,708,634
Expenses. Interest paid	2021-12-31	$2,497,995
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2021-12-31	$2,497,995
Total income from all sources (including contributions)	2021-12-31	$20,064,561
Total of all expenses incurred	2021-12-31	$6,559,039
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$4,061,044
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$12,154,514
Value of total assets at end of year	2021-12-31	$214,017,047
Value of total assets at beginning of year	2021-12-31	$205,890,101
Total interest from all sources	2021-12-31	$47
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$13,505,522
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$123,686,989
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$110,181,467
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$657,047
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$440,101
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$440,101
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$47
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Assets. Invements in employer securities at end of year	2021-12-31	$213,360,000
Assets. Invements in employer securities at beginning of year	2021-12-31	$205,450,000
Contributions received in cash from employer	2021-12-31	$12,154,514
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$4,061,044
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2021-12-31	$90,330,058
Liabilities. Value of acquisition indebtedness at beginning of year	2021-12-31	$95,708,634
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2021-12-31	450250958
2020 : NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2020-12-31	$41,650,000
Total unrealized appreciation/depreciation of assets	2020-12-31	$41,650,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$95,708,634
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$100,950,400
Expenses. Interest paid	2020-12-31	$2,634,805
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2020-12-31	$2,634,805
Total income from all sources (including contributions)	2020-12-31	$51,994,233
Total of all expenses incurred	2020-12-31	$4,726,530
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$2,085,290
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$10,343,571
Value of total assets at end of year	2020-12-31	$205,890,101
Value of total assets at beginning of year	2020-12-31	$163,864,164
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$6,435
Total interest from all sources	2020-12-31	$662
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Administrative expenses professional fees incurred	2020-12-31	$6,435
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$47,267,703
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$110,181,467
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$62,913,764
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$440,101
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$5,194
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$5,194
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$662
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Assets. Invements in employer securities at end of year	2020-12-31	$205,450,000
Assets. Invements in employer securities at beginning of year	2020-12-31	$163,800,000
Contributions received in cash from employer	2020-12-31	$10,343,571
Employer contributions (assets) at beginning of year	2020-12-31	$58,970
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$2,085,290
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2020-12-31	$95,708,634
Liabilities. Value of acquisition indebtedness at beginning of year	2020-12-31	$100,950,400
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2020-12-31	450250958
2019 : NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$18,865,000
Total unrealized appreciation/depreciation of assets	2019-12-31	$18,865,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$100,950,400
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$110,653,525
Expenses. Interest paid	2019-12-31	$2,888,057
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2019-12-31	$2,888,057
Total income from all sources (including contributions)	2019-12-31	$33,058,379
Total of all expenses incurred	2019-12-31	$4,429,304
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,534,632
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$9,478,586
Value of total assets at end of year	2019-12-31	$163,864,164
Value of total assets at beginning of year	2019-12-31	$144,938,214
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$6,615
Total interest from all sources	2019-12-31	$183
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$4,714,610
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Administrative expenses professional fees incurred	2019-12-31	$6,615
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$28,629,075
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$62,913,764
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$34,284,689
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$5,194
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$537
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$537
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$183
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Assets. Invements in employer securities at end of year	2019-12-31	$163,800,000
Assets. Invements in employer securities at beginning of year	2019-12-31	$144,935,000
Contributions received in cash from employer	2019-12-31	$9,478,586
Employer contributions (assets) at end of year	2019-12-31	$58,970
Employer contributions (assets) at beginning of year	2019-12-31	$2,677
Income. Dividends from preferred stock	2019-12-31	$4,714,610
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,534,632
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2019-12-31	$100,950,400
Liabilities. Value of acquisition indebtedness at beginning of year	2019-12-31	$110,653,525
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	No
Opinion of an independent qualified public accountant for this plan	2019-12-31	Unqualified
Accountancy firm name	2019-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2019-12-31	450250958
2018 : NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2018-12-31	$34,300,000
Total unrealized appreciation/depreciation of assets	2018-12-31	$34,300,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$110,653,525
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$120,109,839
Expenses. Interest paid	2018-12-31	$3,134,867
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2018-12-31	$3,134,867
Total income from all sources (including contributions)	2018-12-31	$47,296,659
Total of all expenses incurred	2018-12-31	$3,537,740
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$402,873
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$8,282,045
Value of total assets at end of year	2018-12-31	$144,938,214
Value of total assets at beginning of year	2018-12-31	$110,635,609
Total interest from all sources	2018-12-31	$4
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$4,714,610
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$43,758,919
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$34,284,689
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$-9,474,230
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$537
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$4
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Assets. Invements in employer securities at end of year	2018-12-31	$144,935,000
Assets. Invements in employer securities at beginning of year	2018-12-31	$110,635,000
Contributions received in cash from employer	2018-12-31	$8,282,045
Employer contributions (assets) at end of year	2018-12-31	$2,677
Employer contributions (assets) at beginning of year	2018-12-31	$609
Income. Dividends from preferred stock	2018-12-31	$4,714,610
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$402,873
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2018-12-31	$110,653,525
Liabilities. Value of acquisition indebtedness at beginning of year	2018-12-31	$120,109,839
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	No
Opinion of an independent qualified public accountant for this plan	2018-12-31	Unqualified
Accountancy firm name	2018-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2018-12-31	450250958
2017 : NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2017-12-31	$14,700,000
Total unrealized appreciation/depreciation of assets	2017-12-31	$14,700,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$120,109,839
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$129,325,622
Expenses. Interest paid	2017-12-31	$3,375,399
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2017-12-31	$3,375,399
Total income from all sources (including contributions)	2017-12-31	$27,371,693
Total of all expenses incurred	2017-12-31	$3,455,301
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$79,902
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$7,957,083
Value of total assets at end of year	2017-12-31	$110,635,609
Value of total assets at beginning of year	2017-12-31	$95,935,000
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$4,714,610
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$73,939
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$23,916,392
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$-9,474,230
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$-33,390,622
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Assets. Invements in employer securities at end of year	2017-12-31	$110,635,000
Assets. Invements in employer securities at beginning of year	2017-12-31	$95,935,000
Contributions received in cash from employer	2017-12-31	$7,957,083
Employer contributions (assets) at end of year	2017-12-31	$609
Income. Dividends from preferred stock	2017-12-31	$4,714,610
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$79,902
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2017-12-31	$120,109,839
Liabilities. Value of acquisition indebtedness at beginning of year	2017-12-31	$129,251,683
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	No
Opinion of an independent qualified public accountant for this plan	2017-12-31	Unqualified
Accountancy firm name	2017-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2017-12-31	450250958
2016 : NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2016-12-31	$-5,884,213
Total unrealized appreciation/depreciation of assets	2016-12-31	$-5,884,213
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$129,325,622
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$141,660,992
Expenses. Interest paid	2016-12-31	$3,358,670
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2016-12-31	$3,358,670
Total income from all sources (including contributions)	2016-12-31	$7,618,123
Total of all expenses incurred	2016-12-31	$3,358,670
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$8,787,726
Value of total assets at end of year	2016-12-31	$95,935,000
Value of total assets at beginning of year	2016-12-31	$104,010,917
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$4,714,610
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$1,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$73,939
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2016-12-31	$80,992
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$4,259,453
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$-33,390,622
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$-37,650,075
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Assets. Invements in employer securities at end of year	2016-12-31	$95,935,000
Assets. Invements in employer securities at beginning of year	2016-12-31	$99,890,000
Contributions received in cash from employer	2016-12-31	$8,787,726
Employer contributions (assets) at beginning of year	2016-12-31	$4,120,917
Income. Dividends from preferred stock	2016-12-31	$4,714,610
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2016-12-31	$129,251,683
Liabilities. Value of acquisition indebtedness at beginning of year	2016-12-31	$141,580,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	No
Opinion of an independent qualified public accountant for this plan	2016-12-31	Unqualified
Accountancy firm name	2016-12-31	EIDE BAILLY LLP
Accountancy firm EIN	2016-12-31	450250958

Form 5500 Responses for NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2022: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: NORCO, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

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NORCO, INC. RETIREMENT PLAN AND TRUST [EIN = 581426327]

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Company Name:	NORCO, INC.
Employer identification number (EIN):	820277763
NAIC Classification:	453990