401(k)
2022 plan-year 401(k) DOL Form 5500

North Atlantic Industries, Inc. 401(k) Plan

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

Sponsored by North Atlantic Industries, Inc. · New York · Manufacturing

What the 2023 filing shows

North Atlantic Industries, Inc. 401(k) Plan holds $24M for 198 participants — about $123,672 per participant, down 15.3% over the 2022 plan year.

$24M
total plan assets (2022 EOY)
198
covered participants
$123,672
avg assets per participant
-15.3%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$24M
Participants
198
State
Industry
Manufacturing

What the Filing Says About North Atlantic Industries, Inc. 401(k) Plan

North Atlantic Industries, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by North Atlantic Industries, Inc., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $24M in total end-of-year assets and covers 198 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 113120875, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $29M at the beginning of 2022 to $24M at year-end — a decline of 15.3%. Net assets (after liabilities) closed the year at $24M, with reported net income of $-4,410,220 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)$29M
Total Assets (End of Year)$24M
Net Assets (End of Year)$24M
Net Income$-4,410,220
Plan Type401(k)
Employer EIN113120875
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Atlantic Industries, Inc.)

Year Plans Participants Total Assets
2022 1 198 $24M
2023 1 199 $33M
2024 1 200 $40M

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Frequently Asked Questions

How much money is in the North Atlantic Industries, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, North Atlantic Industries, Inc. 401(k) Plan holds $24M in total assets with 198 participants. It is sponsored by North Atlantic Industries, Inc..
What type of plan is North Atlantic Industries, Inc. 401(k) Plan?
North Atlantic Industries, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 113120875.
Who sponsors the North Atlantic Industries, Inc. 401(k) Plan?
North Atlantic Industries, Inc. 401(k) Plan is sponsored by North Atlantic Industries, Inc., located in New York. The sponsor's EIN is 113120875 and the plan operates in the Manufacturing industry.
How did North Atlantic Industries, Inc. 401(k) Plan perform in 2022?
North Atlantic Industries, Inc. 401(k) Plan declined by 15.3% during 2022, moving from $29M to $24M in total assets. Net income was $-4,410,220.
Where can I find official filings for North Atlantic Industries, Inc. 401(k) Plan?
Official Form 5500 filings for North Atlantic Industries, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 113120875 or plan name at efast.dol.gov.
How does North Atlantic Industries, Inc. 401(k) Plan compare to other plans?
You can compare North Atlantic Industries, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in New York 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 113120875.

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.