Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

North Hill 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by North Hill Communities, Inc. · Massachusetts · Healthcare & Social Assistance

What the 2023 filing shows

North Hill 401(k) Plan holds $15M for 329 participants — about $45,344 per participant, down 18.8% over the 2022 plan year.

$15M
total plan assets (2022 EOY)
329
covered participants
$45,344
avg assets per participant
-18.8%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$15M
Participants
329
Industry
Healthcare & Social Assistance

What the Filing Says About North Hill 401(k) Plan

North Hill 401(k) Plan is a Profit Sharing retirement plan sponsored by North Hill Communities, Inc., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 329 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 264416455, and the plan has been effective since 1997-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18M at the beginning of 2022 to $15M at year-end — a decline of 18.8%. Net assets (after liabilities) closed the year at $15M, with reported net income of $-3,447,902 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$18M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$-3,447,902
Plan TypeProfit Sharing
Employer EIN264416455
Plan Effective Date1997-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Hill Communities, Inc.)

Year Plans Participants Total Assets
2022 1 329 $15M
2023 1 385 $18M
2024 1 394 $20M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the North Hill 401(k) Plan?
As of the 2022 Form 5500 filing, North Hill 401(k) Plan holds $15M in total assets with 329 participants. It is sponsored by North Hill Communities, Inc..
What type of plan is North Hill 401(k) Plan?
North Hill 401(k) Plan is a Profit Sharing plan. It has been effective since 1997-10-01. The plan is filed with the U.S. Department of Labor under EIN 264416455.
Who sponsors the North Hill 401(k) Plan?
North Hill 401(k) Plan is sponsored by North Hill Communities, Inc., located in Massachusetts. The sponsor's EIN is 264416455 and the plan operates in the Healthcare & Social Assistance industry.
How did North Hill 401(k) Plan perform in 2022?
North Hill 401(k) Plan declined by 18.8% during 2022, moving from $18M to $15M in total assets. Net income was $-3,447,902.
Where can I find official filings for North Hill 401(k) Plan?
Official Form 5500 filings for North Hill 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 264416455 or plan name at efast.dol.gov.
How does North Hill 401(k) Plan compare to other plans?
You can compare North Hill 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 264416455.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.