401(k) · DOL Form 5500 · 2022

First National Bank North 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
112
Participants Small participant base
72nd
Percentile by assets National rank
$127,676
Avg per participant Near avg balance/head
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Official DOL plan name: First National Bank North 401(k) Profit Sharing Plan and Trust · Sponsored by First National Bank North · Minnesota · Finance & Insurance

$14M in assets, 112 participants

First National Bank North's First National Bank North 401(k) Profit Sharing Plan and Trust reported $14M in total assets and 112 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.

  • #5,219 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

First National Bank North 401(k) Profit Sharing Plan and Trust covers 112 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $14M.

#5,219
in Finance & Insurance (9,261 peers)
-9.4%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First National Bank North 401(k) Profit Sharing Plan and Trust's outsized position by total assets

First National Bank North 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$14,299,755 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

First National Bank North 401(k) Profit Sharing Plan and Trust 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. First National Bank North 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (112 participants).

DOL schedule card

Filing strip 410597395 · First National Bank North PY 2022 · 401(k)

First National Bank North 401(k) Profit Sharing Plan and Trust · $14M · 112 · 72nd

  • RANK $14M
  • PHOTO 112
  • IND 72nd
  • EOY 401(k)
  • 5500 near Agc Electronics America 401(k) Plan
  • ASSETS ind #5219

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 Minnesota →

First National Bank North 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

First National Bank North 401(k) Profit Sharing Plan and TrustFirst National Bank North 40…$14MAgc Electronics America 401(k) PlanAgc Electronics America 401(…$14MVan Pelt, Yi & James, LLC 401(k) Profit Sharing PlanVan Pelt, Yi & James, LLC 40…$14MFoster & Foster Consulting Actuaries, Inc. 401(k) PlanFoster & Foster Consulting A…$14MNtt Cloud Communications U.S. Inc. 401(k) PlanNtt Cloud Communications U.S…$14M
End-of-year total assets ($M) among First National Bank North 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$14M
Net Income-$1M
Employer EIN410597395
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank North)

Sponsor-wide plan assets over time

All First National Bank North plans reported in each filing year

Latest sponsor-wide plan assets
$17M 21.516557451508785% vs 2022
2024 filing year
$13M$14M$15M$16M$17M$18M 202220232024 $14.3M $17.4M ▲ +21.5%
Year Plans Participants Total Assets
2022 1 112 $14M
2023 1 111 $15M
2024 1 121 $17M

Nearby 401(k) Plans in Minnesota

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

First National Bank North 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants First National Bank North 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.014299755 · Participants: 112First National Bank North 401(k) Profit Sharing Plan and TrustUnitedhealth 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
First National Bank North 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare First National Bank North 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

First National Bank North 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Agc Electronics America 401(k) Plan in OR ($14M); by covered participants it is Colorado Bluesky Enterprises Custom 401(k) Plan and Trust in CO (112 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (112 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 First National Bank North 401(k) Profit Sharing Plan and Trust assets move in 2022? ▼
First National Bank North 401(k) Profit Sharing Plan and Trust pulled back noticeably - down 9.4% during 2022, from $16M to $14M. Reported net income was -$1M.
How have First National Bank North plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First National Bank North's sponsor-wide assets grew 21.5%, from $14M to $17M.
Which 401(k) plans are similar in size to First National Bank North 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Agc Electronics America 401(k) Plan in OR ($14M, 133 participants).
Which 401(k) plans cover a similar participant headcount to First National Bank North 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Colorado Bluesky Enterprises Custom 401(k) Plan and Trust in CO (112 participants, $1M 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 410597395.

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.