Norman's Gift Shops 401(k) match, vesting and fees
What Norman's Gift Shops' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Withumsmith+brown, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Norman's Gift Shops: employer contribution per participant | $1,332 | |
| Peer median | $1,216 |
| Norman's Gift Shops: average balance | $117,186 | |
| Peer median | $50,590 |
| Norman's Gift Shops: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $10.9M at the end of plan year 2021 to $34.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 321 | $34.8M | $396K | $1,332 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 275 | $35.2M | $1,503 | $6 | 0.14% | Not published | Form 5500 ↗ |
| 2022 | 249 | $21.1M | $1,503 | $7 | 0.23% | Not published | Form 5500 ↗ |
| 2021 | 268 | $10.9M | $251K | $954 | 0.11% | Not published | Form 5500 ↗ |
Other Norman's Gift Shops plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Norman Group 401k Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Withum Smith + Brown, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Norman's Gift Shops match 401(k) contributions?
The match terms for the The Norman'S Gift Shops, Inc. Employee Stock Ownership Plan have not been published from its filing yet. The plan year 2024 filing reports $396K in employer contributions, about $1,332 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Norman's Gift Shops 401(k) match vested?
The vesting schedule for the The Norman'S Gift Shops, Inc. Employee Stock Ownership Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Norman's Gift Shops 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Norman'S Gift Shops, Inc..
I left Norman's Gift Shops. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Norman'S Gift Shops, Inc., (215) 579-2600) or the recordkeeper, Principal Life Insurance Company. The Norman's Gift Shops old 401(k) page lists the contacts from every plan filing. Find an old Norman's Gift Shops 401(k)
Data from the public Form 5500 annual reports Norman's Gift Shops filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Norman's Gift Shops. Not financial advice. Report a correction · Methodology