401(k) · DOL Form 5500 · 2022

Northern Air Corporation 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
89
Participants Small participant base
72nd
Percentile by assets National rank
$160,905
Avg per participant Above avg balance/head
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Official DOL plan name: Northern Air Corporation 401(k) Plan · Sponsored by Northern Air Corporation · Minnesota · Construction

$14M in assets, 89 participants

Northern Air Corporation's Northern Air Corporation 401(k) Plan reported $14M in total assets and 89 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.

  • #7,086 in Construction (9,927 peers)

Northern Air Corporation multi-year trail

Northern Air Corporation's plans moved +17.8% in assets from 2022 to 2023; this filing shows Northern Air Corporation 401(k) Plan at $14M / 89 participants.

#7,086
in Construction (9,927 peers)
-25.6%
assets change YoY

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northern Air Corporation 401(k) Plan's outsized position by total assets

Northern Air Corporation 401(k) Plan vs every filed plan by assets

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

$14,320,546 Top 28% higher than 72% 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 Air Corporation 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northern Air Corporation 401(k) Plan is a small filing (89 participants) on this national headcount ladder.

DOL schedule card

Filing strip 411508221 · Northern Air Corporation PY 2022 · 401(k)

Northern Air Corporation 401(k) Plan · $14M · 89 · 72nd

  • PART $14M
  • PART 89
  • PART 72nd
  • PART 401(k)
  • PART near Pepe Motors Corp. 401(k) Plan
  • PART ind #7086

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 Minnesota →

Northern Air Corporation 401(k) Plan in the asset neighbourhood

Northern Air Corporation 401(k) PlanNorthern Air Corporation 401…$14MPepe Motors Corp. 401(k) Plan$14MQuantum Energy Partners 2020 LLC 401(k) PlanQuantum Energy Partners 2020…$14MCraig Technologies, Inc. 401(k) Savings PlanCraig Technologies, Inc. 401…$14MReify Health, Inc. Retirement Savings PlanReify Health, Inc. Retiremen…$14M
End-of-year total assets ($M) among Northern Air Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Northern Air Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Northern Air Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$17M 17.79566226036354% vs 2022
2023 filing year
$14M$15M$16M$17M$18M 20222023 $14.3M $16.9M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 89 $14M
2023 1 73 $17M

Northern Air Corporation filing trail (2022)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$14M
Net Income-$5M
Employer EIN411508221
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Northern Air Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Northern Air Corporation 401(k) Plan, Total assets ($B): 0.014320546 · Participants: 89Northern Air Corporation 401(k) 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 Air Corporation 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Northern Air Corporation 401(k) Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Pepe Motors Corp. 401(k) Plan in NY ($14M); by covered participants it is Timberline Hospitalities, LLC Pension Plan in WY (89 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (89 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 Air Corporation 401(k) Plan assets move in 2022? ▼
Northern Air Corporation 401(k) Plan declined sharply - down 25.6% during 2022, from $19M to $14M. Reported net income was -$5M.
How have Northern Air Corporation plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Northern Air Corporation's sponsor-wide assets grew 17.8%, from $14M to $17M.
Which 401(k) plans are similar in size to Northern Air Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pepe Motors Corp. 401(k) Plan in NY ($14M, 430 participants).
Which 401(k) plans cover a similar participant headcount to Northern Air Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Timberline Hospitalities, LLC Pension Plan in WY (89 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 411508221.

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.