401(k) · DOL Form 5500 · 2023

Northern Business Machines 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
67
Participants Small participant base
56th
Percentile by assets National rank
$132,615
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nbm 401(k) Profit Sharing Trust · Sponsored by Northern Business Machines · Massachusetts · Wholesale Trade

$9M in assets, 67 participants

Northern Business Machines's Nbm 401(k) Profit Sharing Trust reported $9M in total assets and 67 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #2,980 in Wholesale Trade (6,309 peers)

Northern Business Machines multi-year trail

Northern Business Machines's plans moved +29.3% in assets from 2022 to 2024; this filing shows Nbm 401(k) Profit Sharing Trust at $9M / 67 participants.

#2,980
in Wholesale Trade (6,309 peers)
+19.6%
assets growth YoY

Nbm 401(k) Profit Sharing Trust's mid-pack asset rank among Wholesale Trade and all filers

Nbm 401(k) Profit Sharing Trust vs every filed plan by assets

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

$8,885,238 Top 44% higher than 56% 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

Nbm 401(k) Profit Sharing 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. Nbm 401(k) Profit Sharing Trust is a small filing (67 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nbm 401(k) Profit Sharing Trust reported net income rose from -$535K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Nbm 401(k) Profit Sharing Trust end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Nbm 401(k) Profit Sharing Trust reported participants rose from 57 in the plan year 2022 filing to 67 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 042875957 · Northern Business Machines PY 2023 · 401(k)

Nbm 401(k) Profit Sharing Trust · $9M · 67 · 56th

  • PCT $9M
  • PCT 67
  • PCT 56th
  • PCT 401(k)
  • PCT near Yetter Manufacturing Company Profit Sharing and Retirement Plan
  • PCT ind #2980

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 Wholesale Trade retirement plans → · Plans in Massachusetts →

Nbm 401(k) Profit Sharing Trust in the asset neighbourhood

Nbm 401(k) Profit Sharing TrustNbm 401(k) Profit Sharing Tr…$9MYetter Manufacturing Company Profit Sharing and Retirement PlanYetter Manufacturing Company…$9MVarischetti 401(k) Retirement PlanVarischetti 401(k) Retiremen…$9MFingal, Fahrney & Clark, LLP 401(k) Profit Sharing PlanFingal, Fahrney & Clark, LLP…$9MWalker Manufacturing Company 401(k) PlanWalker Manufacturing Company…$9M
End-of-year total assets ($M) among Nbm 401(k) Profit Sharing Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Northern Business Machines multi-year asset trail

Sponsor-wide plan assets over time

All Northern Business Machines plans reported in each filing year

Latest sponsor-wide plan assets
$10M 29.341530717856006% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.43M $9.61M ▲ +29.3%
Year Plans Participants Total Assets
2022 1 57 $7M
2023 1 67 $9M
2024 1 64 $10M

Northern Business Machines filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN042875957
Plan Effective Date1986-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Nbm 401(k) Profit Sharing Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Nbm 401(k) Profit Sharing Trust, Total assets ($B): 0.008885238 · Participants: 67Nbm 401(k) Profit Sharing TrustFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Nbm 401(k) Profit Sharing Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Nbm 401(k) Profit Sharing Trust side-by-side with 3 peers →

Nbm 401(k) Profit Sharing Trust's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Yetter Manufacturing Company Profit Sharing and Retirement Plan in IL ($9M); by covered participants it is School Innovations & Achievement 401(k) Profit Sharing Plan in CA (67 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (67 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 Nbm 401(k) Profit Sharing Trust assets move in 2023? ▼
Nbm 401(k) Profit Sharing Trust grew sharply - up 19.6% during 2023, from $7M to $9M. Reported net income was $1M.
How have Northern Business Machines plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northern Business Machines's sponsor-wide assets grew 29.3%, from $7M to $10M.
Which 401(k) plans are similar in size to Nbm 401(k) Profit Sharing Trust? ▼
Among 401(k) plans in other states, the closest by assets is Yetter Manufacturing Company Profit Sharing and Retirement Plan in IL ($9M, 135 participants).
Which 401(k) plans cover a similar participant headcount to Nbm 401(k) Profit Sharing Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is School Innovations & Achievement 401(k) Profit Sharing Plan in CA (67 participants, N/A 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 042875957.

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.