ESOP · DOL Form 5500 · 2023

Northern Factory Sales, Inc. ESOP

Data updated 2026-08-25

$84M
Total assets Below avg plan size
89
Participants Small participant base
90th
Percentile by assets National rank
$943,336
Avg per participant High balance/head
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Official DOL plan name: Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Northern Factory Sales, Inc. · Minnesota · Wholesale Trade

$84M in assets, 89 participants

Northern Factory Sales, Inc.'s Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust reported $84M in total assets and 89 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #5,781 in Wholesale Trade (6,309 peers)

Where Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust sits by assets

Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust sits in the top 10% of all filed plans by assets, $84M for 89 participants (~$943,336/participant), up 9.5% in 2023.

#5,781
in Wholesale Trade (6,309 peers)
+9.5%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$83,956,927 Top 10% higher than 90% of 127,068 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 2023

Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust is a small filing (89 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $10M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $77M in the plan year 2022 filing to $84M in the plan year 2023 filing.
  • Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 85 in the plan year 2022 filing to 89 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411571247 · Northern Factory Sales, Inc. PY 2023 · ESOP

Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust · $84M · 89 · 90th

  • EBSA $84M
  • EBSA 89
  • EBSA 90th
  • EBSA ESOP
  • EBSA near Mckim & Creed, Inc. Employee Stock Ownership Plan
  • EBSA ind #5781

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 What is an ESOP? → · Plans in Minnesota →

Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Duramax Global Corp Employee Stock Ownership PlanDuramax Global Corp Employee…$84MShamrock Trading Corporation ESOP Retirement PlanShamrock Trading Corporation…$84MNorthern Factory Sales, Inc. Employee Stock Ownership Plan and TrustNorthern Factory Sales, Inc.…$84MMckim & Creed, Inc. Employee Stock Ownership PlanMckim & Creed, Inc. Employee…$84MSchnabel, Inc. Employee Stock Ownership PlanSchnabel, Inc. Employee Stoc…$83M
End-of-year total assets ($M) among Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$84M
Net Income$7M
Employer EIN411571247
Plan Effective Date2014-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northern Factory Sales, Inc.)

Sponsor-wide plan assets over time

All Northern Factory Sales, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$84M 9.98503649958327% vs 2022
2024 filing year
$75M$80M$85M$90M 202220232024 $76.7M $84.3M ▲ +10.0%
Year Plans Participants Total Assets
2022 1 85 $77M
2023 1 89 $84M
2024 1 90 $84M

Nearby ESOP Plans in Minnesota

Peer ESOP plans, same state, same plan type, ranked by total assets.

Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 02004006008001000 Total assets ($M) Participants Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 83.956927 · Participants: 89Northern Factory Sales, Inc. Employee Stock Ownership Plan and TrustAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Mckim & Creed, Inc. Employee Stock Ownership Plan in NC ($84M); by covered participants it is Pyramax Bank Employee Stock Ownership Plan in WI (89 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (89 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 9.5% during 2023, from $77M to $84M. Reported net income was $7M.
How have Northern Factory Sales, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northern Factory Sales, Inc.'s sponsor-wide assets grew 10.0%, from $77M to $84M.
Where does Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Mckim & Creed, Inc. Employee Stock Ownership Plan in NC ($84M, 867 participants).
Which ESOP plans cover a similar participant headcount to Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Pyramax Bank Employee Stock Ownership Plan in WI (89 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411571247.

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.