401(k) · DOL Form 5500 · 2022

Northern Metal Products 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
176
Participants Small participant base
68th
Percentile by assets National rank
$65,530
Avg per participant Low balance/head
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Official DOL plan name: Northern Metal Products 401(k) Profit Sharing Plan · Sponsored by Northern Metal Products · Minnesota · Manufacturing

$12M in assets, 176 participants

Northern Metal Products's Northern Metal Products 401(k) Profit Sharing Plan reported $12M in total assets and 176 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #11,494 in Manufacturing (20,602 peers)

Coverage in Minnesota

Northern Metal Products 401(k) Profit Sharing Plan covers 176 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.

#11,494
in Manufacturing (20,602 peers)
-15.6%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northern Metal Products 401(k) Profit Sharing Plan's outsized position by total assets

Northern Metal Products 401(k) Profit Sharing Plan vs every filed plan by assets

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

$11,533,243 Top 32% higher than 68% 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 Metal Products 401(k) Profit Sharing 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 Metal Products 401(k) Profit Sharing Plan sits mid-pack in the medium band (176 participants).

Plan-year Form 5500 strip

Filing strip 411784229 · Northern Metal Products PY 2022 · 401(k)

Northern Metal Products 401(k) Profit Sharing Plan · $12M · 176 · 68th

  • TYPE $12M
  • NET 176
  • BOOK 68th
  • VS-ST 401(k)
  • BOY near Lintech Global Inc. 401(k) Profit Sharing Plan
  • SCH ind #11494

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 Manufacturing retirement plans → · Plans in Minnesota →

Northern Metal Products 401(k) Profit Sharing Plan in the asset neighbourhood

Northern Metal Products 401(k) Profit Sharing PlanNorthern Metal Products 401(…$12MLintech Global Inc. 401(k) Profit Sharing PlanLintech Global Inc. 401(k) P…$12MDon Franklin Auto 401(k) Plan$12MRqi Partners Retirement and Investment PlanRqi Partners Retirement and …$12MMc Realty Group LLC 401(k) PlanMc Realty Group LLC 401(k) P…$12M
End-of-year total assets ($M) among Northern Metal Products 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$12M
Net Income-$2M
Employer EIN411784229
Plan Effective Date1974-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northern Metal Products)

Sponsor-wide plan assets over time

All Northern Metal Products plans reported in each filing year

Latest sponsor-wide plan assets
$16M 40.828282209956036% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.5M $16.2M ▲ +40.8%
Year Plans Participants Total Assets
2022 1 176 $12M
2023 1 173 $14M
2024 1 161 $16M

Nearby 401(k) Plans in Minnesota

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

Northern Metal Products 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Northern Metal Products 401(k) Profit Sharing Plan, Total assets ($B): 0.011533243 · Participants: 176Northern Metal Products 401(k) Profit Sharing PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Northern Metal Products 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Northern Metal Products 401(k) Profit Sharing Plan side-by-side with 3 peers →

Northern Metal Products 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Lintech Global Inc. 401(k) Profit Sharing Plan in MI ($12M); by covered participants it is Spin-Off Termination Plan for Arranta Bio Ma, LLC in MA (176 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (176 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 Metal Products 401(k) Profit Sharing Plan assets move in 2022? ▼
Northern Metal Products 401(k) Profit Sharing Plan declined sharply - down 15.6% during 2022, from $14M to $12M. Reported net income was -$2M.
How have Northern Metal Products plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northern Metal Products's sponsor-wide assets grew 40.8%, from $12M to $16M.
Which 401(k) plans are similar in size to Northern Metal Products 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lintech Global Inc. 401(k) Profit Sharing Plan in MI ($12M, 424 participants).
Which 401(k) plans cover a similar participant headcount to Northern Metal Products 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Spin-Off Termination Plan for Arranta Bio Ma, LLC in MA (176 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 411784229.

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.