401(k) · DOL Form 5500 · 2023

Bnccorp, Inc. 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
213
Participants Below avg headcount
82nd
Percentile by assets National rank
$176,298
Avg per participant Above avg balance/head
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Official DOL plan name: Bnccorp, Inc. 401(k) Savings Plan · Sponsored by Bnccorp, Inc. · North Dakota · Management of Enterprises

$38M in assets, 213 participants

Bnccorp, Inc.'s Bnccorp, Inc. 401(k) Savings Plan reported $38M in total assets and 213 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #723 in Management of Enterprises (1,137 peers)

Coverage in North Dakota

Bnccorp, Inc. 401(k) Savings Plan covers 213 participants in North Dakota, about 42% of the average North Dakota filer (state average ~504 per filing). Assets: $38M.

#723
in Management of Enterprises (1,137 peers)
-2.0%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $777K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bnccorp, Inc. 401(k) Savings Plan's outsized position by total assets

Bnccorp, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$37,551,423 Top 18% higher than 82% 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

Bnccorp, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bnccorp, Inc. 401(k) Savings Plan sits mid-pack in the medium band (213 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bnccorp, Inc. 401(k) Savings Plan reported net income rose from -$10M in the plan year 2022 filing to -$777K in the plan year 2023 filing.
  • Bnccorp, Inc. 401(k) Savings Plan reported participants fell from 281 in the plan year 2022 filing to 213 in the plan year 2023 filing.
  • Bnccorp, Inc. 401(k) Savings Plan end-of-year assets fell from $38M in the plan year 2022 filing to $38M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 450402816 · Bnccorp, Inc. PY 2023 · 401(k)

Bnccorp, Inc. 401(k) Savings Plan · $38M · 213 · 82nd

  • PART $38M
  • TYPE 213
  • NET 82nd
  • BOOK 401(k)
  • VS-ST near National Pen & Associates Profit Sharing and Savings Plan
  • BOY ind #723

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 Management of Enterprises retirement plans → · Plans in North Dakota →

Bnccorp, Inc. 401(k) Savings Plan in the asset neighbourhood

Bnccorp, Inc. 401(k) Savings PlanBnccorp, Inc. 401(k) Savings…$38MNational Pen & Associates Profit Sharing and Savings PlanNational Pen & Associates Pr…$38MIndiana Beverage, Inc. 401(k) Profit Sharing PlanIndiana Beverage, Inc. 401(k…$38M403(b) Thrift Plan for Employees of Greenwood Genetic Center403(b) Thrift Plan for Emplo…$38MDirect Chassislink, Inc. 401(k) Savings PlanDirect Chassislink, Inc. 401…$38M
End-of-year total assets ($M) among Bnccorp, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Dakota filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$38M
Net Income-$777K
Employer EIN450402816
Plan Effective Date1992-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bnccorp, Inc.)

Sponsor-wide plan assets over time

All Bnccorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$42M 8.387815363526661% vs 2022
2024 filing year
$36M$38M$40M$42M 202220232024 $38.3M $41.5M ▲ +8.4%
Year Plans Participants Total Assets
2022 1 281 $38M
2023 1 213 $38M
2024 1 145 $42M

Nearby 401(k) Plans in North Dakota

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

Bnccorp, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Bnccorp, Inc. 401(k) Savings Plan, Total assets ($B): 0.037551423 · Participants: 213Bnccorp, Inc. 401(k) Savings PlanSanford Retirement Savings Plan, Total assets ($B): 3.110361496 · Participants: 30495Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.829880488 · Participants: 8551Mdu Resources Group, Inc. 401(k) Retirement PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.7412361 · Participants: 5269Knife River Corporation 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.521170291 · Participants: 3853Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.512524705 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing Plan
Bnccorp, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Bnccorp, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is National Pen & Associates Profit Sharing and Savings Plan in TN ($38M); by covered participants it is Hyphen Solutions Retirement Plan in TX (213 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (213 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 Bnccorp, Inc. 401(k) Savings Plan assets move in 2023?
Bnccorp, Inc. 401(k) Savings Plan edged down modestly - down 2.0% during 2023, from $38M to $38M. Reported net income was -$777K.
How have Bnccorp, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bnccorp, Inc.'s sponsor-wide assets grew 8.4%, from $38M to $42M.
Where does Bnccorp, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers?
Bnccorp, Inc. 401(k) Savings Plan ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bnccorp, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is National Pen & Associates Profit Sharing and Savings Plan in TN ($38M, 255 participants).
Which 401(k) plans cover a similar participant headcount to Bnccorp, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Hyphen Solutions Retirement Plan in TX (213 participants, $22M in assets).