401(k) · DOL Form 5500 · 2022

Northern Star Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$35M
Total assets
292
Participants
84th
Percentile by assets
$118,638
Avg per participant
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Official DOL plan name: Northern Star Industries, Inc. 401(k) Profit Sharing Plan · Sponsored by Northern Star Industries, Inc. · Michigan · Construction

$35M in assets, 292 participants

Northern Star Industries, Inc.'s Northern Star Industries, Inc. 401(k) Profit Sharing Plan reported $35M in total assets and 292 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 139,126 plans)
  • #8,262 in Construction (9,927 peers)

Coverage in Michigan

Northern Star Industries, Inc. 401(k) Profit Sharing Plan covers 292 participants in Michigan, about 46% of the average Michigan filer (state average ~638 per filing). Assets: $35M.

$35M
total plan assets (2022 EOY)
292
covered participants
84th
percentile by assets (of 139,126 plans)
$118,638
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Northern Star Industries, Inc. 401(k) Profit Sharing Plan sits by total assets

Northern Star Industries, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$34,642,360 Top 16% higher than 84% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Northern Star Industries, Inc. 401(k) Profit Sharing Plan reports 292 participants - about 46% of that state average ($35M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$35M
Net Income-$7M
Employer EIN381683485
Plan Effective Date1966-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northern Star Industries, Inc.)

$0M$20M$40M$60M$80M 202220232024 $48.5M $19.9M ▼ -58.9%
Total plan assets by year, all Northern Star Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 2 719 $48M
2023 2 788 $57M
2024 2 711 $20M

Nearby 401(k) Plans in Michigan

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

Northern Star Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Northern Star Indust…, Total assets ($B): 0.03464236 · Participants: 292Northern Star Indust…General Motors Retir…, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Com…The General Motors P…, Total assets ($B): 7.545889119 · Participants: 40458The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-E…
Northern Star Industries, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Northern Star Industries, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Northern Star Industries, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Northern Star Industries, Inc. 401(k) Profit Sharing Plan declined sharply - down 16.6% during 2022, from $42M to $35M. Reported net income was -$7M.
How have Northern Star Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Northern Star Industries, Inc.'s sponsor-wide assets declined 58.9%, from $48M to $20M.
Where does Northern Star Industries, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Northern Star Industries, Inc. 401(k) Profit Sharing Plan ranks in the 84th 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 Northern Star Industries, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Hand2mind, Inc. 401(k) Plan in IL ($35M, 264 participants).

Next read for Northern Star Industries, Inc. 401(k) Pr…

Filing takeaways

Ways to act on Northern Star Industries, Inc. 401(k) Profit Sharing Plan's numbers.

  • By total assets, Northern Star Industries, Inc. 401(k) Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • Northern Star Industries, Inc.'s sponsor-wide assets have declined 58.9% since 2022 across 3 plan years on file. More Construction plans