401(k) · DOL Form 5500 · 2022

Northern Improvement Company 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
274
Participants Below avg headcount
84th
Percentile by assets National rank
$120,144
Avg per participant Near avg balance/head
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Official DOL plan name: Northern Improvement Company 401(k) Plan · Sponsored by Northern Improvement Company · North Dakota · Construction

$33M in assets, 274 participants

Northern Improvement Company's Northern Improvement Company 401(k) Plan reported $33M in total assets and 274 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #8,209 in Construction (9,927 peers)

Where Northern Improvement Company 401(k) Plan sits by assets

Northern Improvement Company 401(k) Plan sits in the top quartile of all filed plans by assets, $33M for 274 participants (~$120,144/participant), down 19.4% in 2022.

#8,209
in Construction (9,927 peers)
-19.4%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northern Improvement Company 401(k) Plan's outsized position by total assets

Northern Improvement Company 401(k) Plan vs every filed plan by assets

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

$32,919,416 Top 16% higher than 84% 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

Northern Improvement Company 401(k) Plan 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. Northern Improvement Company 401(k) Plan sits mid-pack in the medium band (274 participants).

DOL schedule card

Filing strip 450262344 · Northern Improvement Company PY 2022 · 401(k)

Northern Improvement Company 401(k) Plan · $33M · 274 · 84th

  • PCT $33M
  • PCT 274
  • PCT 84th
  • PCT 401(k)
  • PCT near Bank Independent 401(k) Profit Sharing Plan
  • PCT ind #8209

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 Construction retirement plans → · Plans in North Dakota →

Northern Improvement Company 401(k) Plan in the asset neighbourhood

Day Automation Systems, Inc. 401(k) PlanDay Automation Systems, Inc.…$33MNorthern Improvement Company 401(k) PlanNorthern Improvement Company…$33MBank Independent 401(k) Profit Sharing PlanBank Independent 401(k) Prof…$33MPrinceton Consultants, Inc. 401(k) PlanPrinceton Consultants, Inc. …$33MAlita Care & Affiliates 401(k) PlanAlita Care & Affiliates 401(…$33M
End-of-year total assets ($M) among Northern Improvement Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$33M
Net Income-$8M
Employer EIN450262344
Plan Effective Date1959-02-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Northern Improvement Company)

Sponsor-wide plan assets over time

All Northern Improvement Company plans reported in each filing year

Latest sponsor-wide plan assets
$42M 27.370184817373435% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32.9M $41.9M ▲ +27.4%
Year Plans Participants Total Assets
2022 1 274 $33M
2023 1 309 $37M
2024 1 290 $42M

Nearby 401(k) Plans in North Dakota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Northern Improvement Company 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants Northern Improvement Company 401(k) Plan, Total assets ($B): 0.032919416 · Participants: 274Northern Improvement Company 401(k) PlanSanford Retirement Savings Plan, Total assets ($B): 2.448470251 · Participants: 30145Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 1.321268405 · Participants: 8525Mdu Resources Group, Inc. 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.446081759 · Participants: 3784Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.410790544 · Participants: 2612Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.402778064 · Participants: 5088Offutt Companies 401(k) Savings Plan
Northern Improvement Company 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Northern Improvement Company 401(k) Plan side-by-side with 3 peers →

Northern Improvement Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Bank Independent 401(k) Profit Sharing Plan in AL ($33M); by covered participants it is Second Samuel Transport Inc 401(k) Plan in MI (274 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33M here).

Similar participant headcount

Nearest other-state filings by covered participants (274 participants); asset peers above are excluded.

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 Northern Improvement Company 401(k) Plan assets move in 2022? ▼
Northern Improvement Company 401(k) Plan declined sharply - down 19.4% during 2022, from $41M to $33M. Reported net income was -$8M.
How have Northern Improvement Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northern Improvement Company's sponsor-wide assets grew 27.4%, from $33M to $42M.
Where does Northern Improvement Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Northern Improvement Company 401(k) Plan ranks in the 84th 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 401(k) plans are similar in size to Northern Improvement Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bank Independent 401(k) Profit Sharing Plan in AL ($33M, 498 participants).
Which 401(k) plans cover a similar participant headcount to Northern Improvement Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Second Samuel Transport Inc 401(k) Plan in MI (274 participants, N/A in assets).

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 450262344.

Read our methodology - how this data is sourced, computed, and verified.

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