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Employers › Michigan

Employer · plans filed under one EIN

National Nail Corp.

Grand Rapids, MI · Wholesale trade

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$240Mnet assets across plans
407participant records350 active
$143Kemployer contributions, latest plan years$408 per active record
$56KSchedule C compensation to organisations$137.80 per participant record

National Nail Corp., based in Grand Rapids, Michigan, sponsors 2 retirement plans with 100 or more participants: 2 defined contribution. Together they reported 407 participant records and $240M in net assets.

The largest is National Nail Corp. 401(k) Retirement and Savings Plan, a 401(k) plan with 206 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $143K and participant contributions $1.4M in the latest plan years; benefits paid were $11.5M. Schedule C compensation reported to service provider organisations totalled $56K.

Combined net assets moved from $7.0M in 2009 to $240M in 2024 (up 3349%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
National Nail Corp. 401(k) Retirement and Savings Plan401(k) plan2024206$12.8M$62,224—$56K
National Nail Corp. Employee Stock Ownership Planemployee stock ownership plan2024201$228M$1,132,605$820$0
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $7.0M2010: $8.1M2011: $8.3M2012: $6.1M2013: $5.3M2014: $7.2M2015: $10.2M2016: $16.5M2017: $32.8M2018: $49.0M2019: $69.6M2020: $110M2021: $160M2022: $174M2023: $232M2024: $240M$7.0M$240M20092012201620202024
Combined net assets
2009: 3322010: 3132011: 3002012: 2972013: 2552014: 2472015: 2472016: 2522017: 2862018: 2862019: 2922020: 3042021: 3222022: 3492023: 3802024: 40733240720092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20242407$240M$143K$1.4M
20232380$232M$150K$1.3M
20222349$174M$194K$1.3M
20212322$160M$242K$1.1M
20202304$110M$346K$841K
20192292$69.6M$347K$742K
20182286$49.0M$789K$680K
20172286$32.8M$834K$441K
20162252$16.5M$833K$192K
20152247$10.2M$835K$162K
20142247$7.2M$836K$132K
20132255$5.3M$820K$157K
20122297$6.1M$816K$151K
20112300$8.3M$789K$154K
20102313$8.1M$808K$173K
20092332$7.0M$894K$191K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Principal Life Insurance CompanyContract Administrator; Participant loan processing1$30,607
Rockefeller Capital ManagementInvestment advisory (plan)1$17,577
Merrill Lynch Pierce Fenner & SmithConsulting (pension); Investment advisory (plan)1$7,899

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Principal Life Insurance Company$31K
Rockefeller Capital Management$18K
Merrill Lynch Pierce Fenner & Smith$7,899

Questions and answers

How many retirement plans does National Nail Corp. have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: National Nail Corp. 401(k) Retirement and Savings Plan and National Nail Corp. Employee Stock Ownership Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does National Nail Corp. contribute to its plans?

$142,720 in employer contributions across these plans in their latest plan years, about $408 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Principal Life Insurance Company, Rockefeller Capital Management and Merrill Lynch Pierce Fenner & Smith. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.