Defined Benefit (Pension) · DOL Form 5500 · 2022

North Star Mutual Insurance Company Pension Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
244
Participants Below avg headcount
89th
Percentile by assets National rank
$230,623
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Pension Plan for Employees of North Star Mutual Insurance Company · Sponsored by North Star Mutual Insurance Company · Minnesota · Finance & Insurance

$56M in assets, 244 participants

North Star Mutual Insurance Company's Pension Plan for Employees of North Star Mutual Insurance Company reported $56M in total assets and 244 participants in its 2022 DOL Form 5500 filing, ranking in the 89th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,614 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Pension Plan for Employees of North Star Mutual Insurance Company covers 244 participants in Minnesota, about 22% of the average Minnesota filer (state average ~1,126 per filing). Assets: $56M.

#7,614
in Finance & Insurance (9,261 peers)
-18.5%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan for Employees of North Star Mutual Insurance Company's outsized position by total assets

Pension Plan for Employees of North Star Mutual Insurance Company vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$56,272,010 Top 11% higher than 89% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Pension Plan for Employees of North Star Mutual Insurance Company among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan for Employees of North Star Mutual Insurance Company sits mid-pack in the medium band (244 participants).

Form 5500 schedule snapshot

Filing strip 410446480 · North Star Mutual Insurance Company PY 2022 · Defined Benefit (Pension)

Pension Plan for Employees of North Star Mutual Insurance Company · $56M · 244 · 89th

  • ASSETS $56M
  • ASSETS 244
  • ASSETS 89th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Hapo Community Credit Union Cash Balance Defined Benefit Plan and Trust
  • ASSETS ind #7614

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Minnesota →

Pension Plan for Employees of North Star Mutual Insurance Company in the asset neighbourhood

Jennie Edmundson Memorial Hospital Employee Retirement PlanJennie Edmundson Memorial Ho…$56MPension Plan for Employees of North Star Mutual Insurance CompanyPension Plan for Employees o…$56MHapo Community Credit Union Cash Balance Defined Benefit Plan and TrustHapo Community Credit Union …$56MAmeriserv Financial Pension PlanAmeriserv Financial Pension …$56MRetirement Plan for Pilots of Piedmont Airlines, Inc.Retirement Plan for Pilots o…$56M
End-of-year total assets ($M) among Pension Plan for Employees of North Star Mutual Insurance Company and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$69M
Net Assets (End of Year)$56M
Net Income-$13M
Employer EIN410446480
Plan Effective Date1954-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Star Mutual Insurance Company)

Sponsor-wide plan assets over time

All North Star Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$110M 22.15212869903063% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $89.9M $110M ▲ +22.2%
Year Plans Participants Total Assets
2022 2 513 $90M
2023 2 535 $102M
2024 2 549 $110M

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan for Employees of North Star Mutual Insurance Company vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Pension Plan for Employees of North Star Mutual Insurance Company, Total assets ($B): 0.05627201 · Participants: 244Pension Plan for Employees of North Star Mutual Insurance Company3M Employee Retirement Income Plan, Total assets ($B): 14.047885796 · Participants: 121603M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 10.299849315 · Participants: 66434Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 3.940696075 · Participants: 25144The Travelers Pension PlanU.S. Bank Pension Plan, Total assets ($B): 3.73901396 · Participants: 55836U.S. Bank Pension PlanTarget Corporation Pension Plan, Total assets ($B): 3.348662968 · Participants: 50515Target Corporation Pension Plan
Pension Plan for Employees of North Star Mutual Insurance Company vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Pension Plan for Employees of North Star Mutual Insurance Company's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Hapo Community Credit Union Cash Balance Defined Benefit Plan and Trust in WA ($56M); by covered participants it is Crounse Corporation Marine & Maintenance Employees' Pension Plan in KY (244 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pension Plan for Employees of North Star Mutual Insurance Company assets move in 2022?
Pension Plan for Employees of North Star Mutual Insurance Company declined sharply - down 18.5% during 2022, from $69M to $56M. Reported net income was -$13M.
How have North Star Mutual Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), North Star Mutual Insurance Company's sponsor-wide assets grew 22.2%, from $90M to $110M.
Where does Pension Plan for Employees of North Star Mutual Insurance Company rank by assets among Form 5500 filers?
Pension Plan for Employees of North Star Mutual Insurance Company ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan for Employees of North Star Mutual Insurance Company?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hapo Community Credit Union Cash Balance Defined Benefit Plan and Trust in WA ($56M, 402 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Employees of North Star Mutual Insurance Company?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Crounse Corporation Marine & Maintenance Employees' Pension Plan in KY (244 participants, $29M in assets).