401(k) · DOL Form 5500 · 2022

Nodak Insurance Company 401(k) Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
187
Participants Below avg headcount
87th
Percentile by assets National rank
$232,979
Avg per participant Above avg balance/head
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Official DOL plan name: Nodak Insurance Company 401(k) Profit Sharing Plan · Sponsored by Nodak Insurance Company · North Dakota · Finance & Insurance

$44M in assets, 187 participants

Nodak Insurance Company's Nodak Insurance Company 401(k) Profit Sharing Plan reported $44M in total assets and 187 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,295 in Finance & Insurance (9,261 peers)

Coverage in North Dakota

Nodak Insurance Company 401(k) Profit Sharing Plan covers 187 participants in North Dakota, about 37% of the average North Dakota filer (state average ~504 per filing). Assets: $44M.

#7,295
in Finance & Insurance (9,261 peers)
-18.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nodak Insurance Company 401(k) Profit Sharing Plan's outsized position by total assets

Nodak Insurance Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$43,567,027 Top 13% higher than 87% 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

Nodak Insurance Company 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. Nodak Insurance Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (187 participants).

Published 5500 schedule card

Filing strip 450216631 · Nodak Insurance Company PY 2022 · 401(k)

Nodak Insurance Company 401(k) Profit Sharing Plan · $44M · 187 · 87th

  • TYPE $44M
  • TYPE 187
  • TYPE 87th
  • TYPE 401(k)
  • TYPE near The Hersha Hospitality Management 401(k) Plan
  • TYPE ind #7295

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 Finance & Insurance retirement plans → · Plans in North Dakota →

Nodak Insurance Company 401(k) Profit Sharing Plan in the asset neighbourhood

Nodak Insurance Company 401(k) Profit Sharing PlanNodak Insurance Company 401(…$44MSunland Construction, Inc. Profit Sharing 401(k) PlanSunland Construction, Inc. P…$44MThe Hersha Hospitality Management 401(k) PlanThe Hersha Hospitality Manag…$44MPride Mobility Products 401(k) Profit Sharing PlanPride Mobility Products 401(…$44MSangamo Therapeutics Inc. 401(k) Profit Sharing Plan and TrustSangamo Therapeutics Inc. 40…$44M
End-of-year total assets ($M) among Nodak Insurance Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Dakota filing particulars

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$44M
Net Income-$10M
Employer EIN450216631
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nodak Insurance Company)

Sponsor-wide plan assets over time

All Nodak Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$49M 11.610649953231833% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $43.6M $48.6M ▲ +11.6%
Year Plans Participants Total Assets
2022 1 187 $44M
2023 1 208 $52M
2024 1 218 $49M

Nearby 401(k) Plans in North Dakota

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

Nodak Insurance Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants Nodak Insurance Company 401(k) Profit Sharing Plan, Total assets ($B): 0.043567027 · Participants: 187Nodak Insurance Company 401(k) Profit Sharing 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
Nodak Insurance Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Nodak Insurance Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Nodak Insurance Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is The Hersha Hospitality Management 401(k) Plan in PA ($44M); by covered participants it is Sequoia 401(k) Plan in CA (187 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (187 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 Nodak Insurance Company 401(k) Profit Sharing Plan assets move in 2022? ▼
Nodak Insurance Company 401(k) Profit Sharing Plan declined sharply - down 18.2% during 2022, from $53M to $44M. Reported net income was -$10M.
How have Nodak Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nodak Insurance Company's sponsor-wide assets grew 11.6%, from $44M to $49M.
Where does Nodak Insurance Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Nodak Insurance Company 401(k) Profit Sharing Plan ranks in the 87th 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 Nodak Insurance Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Hersha Hospitality Management 401(k) Plan in PA ($44M, 4,734 participants).
Which 401(k) plans cover a similar participant headcount to Nodak Insurance Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sequoia 401(k) Plan in CA (187 participants, $72M 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 450216631.

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.