Plan Snapshot
- Plan Sponsor: Nordson Corporation
- Sponsor EIN: 340590250
- Sponsor Address: 28601 CLEMENS ROAD, WESTLAKE, OH, 44145
- Plan Type: 401(k)
- Total Participants: 3,133
- Total Assets: $732.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,133 | $732.9M | $11.9M | $26.8M |
| 2023 | 3,291 | $761.4M | $11.8M | $27.8M |
| 2022 | 3,592 | $693.8M | $11.5M | $28.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JOHN HANCOCK TRUST COMPANY, LLC | Other Service Provider | $135,015 | — | $135,015 |
| NORDSON CORPORATION | PLAN SPONSOR | $82,264 | — | $82,264 |
| MERCER INVESTMENTS | Other Service Provider | $72,675 | — | $72,675 |
| FIDELITY INVESTMENTS INST OPERATION | RECORDKEEPER | $26,532 | — | $26,532 |
| MEADEN & MOORE, LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK TRUST COMPANY, LLC — Other Service Provider
- FIDELITY INVESTMENTS INST OPERATION — RECORDKEEPER
- MEADEN & MOORE, LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $316,486
- Estimated Expense Ratio: 0.043% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $316,486 | $72,675 | $2,700 | — | — |
| 2023 | $396,630 | $49,690 | — | — | — |
| 2022 | $328,972 | — | — | — | — |