401(k) · DOL Form 5500 · 2023

Northern Bank & Trust Company 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
224
Participants Below avg headcount
75th
Percentile by assets National rank
$101,895
Avg per participant Below avg balance/head
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Official DOL plan name: Northern Bank and Trust Company 401(k) Plan · Sponsored by Northern Bank & Trust Company · Massachusetts · Finance & Insurance

$23M in assets, 224 participants

Northern Bank & Trust Company's Northern Bank and Trust Company 401(k) Plan reported $23M in total assets and 224 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,522 in Finance & Insurance (8,869 peers)

Coverage in Massachusetts

Northern Bank and Trust Company 401(k) Plan covers 224 participants in Massachusetts, about 34% of the average Massachusetts filer (state average ~659 per filing). Assets: $23M.

#5,522
in Finance & Insurance (8,869 peers)
+16.7%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Northern Bank and Trust Company 401(k) Plan's outsized position by total assets

Northern Bank and Trust Company 401(k) Plan vs every filed plan by assets

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

$22,824,395 Top 25% higher than 75% 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 Bank and Trust Company 401(k) 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. Northern Bank and Trust Company 401(k) Plan sits mid-pack in the medium band (224 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northern Bank and Trust Company 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Northern Bank and Trust Company 401(k) Plan end-of-year assets rose from $20M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Northern Bank and Trust Company 401(k) Plan reported participants rose from 212 in the plan year 2022 filing to 224 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 042265819 · Northern Bank & Trust Company PY 2023 · 401(k)

Northern Bank and Trust Company 401(k) Plan · $23M · 224 · 75th

  • EIN $23M
  • EIN 224
  • EIN 75th
  • EIN 401(k)
  • EIN near Deel 401(k) Plan
  • EIN ind #5522

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 Massachusetts →

Northern Bank and Trust Company 401(k) Plan in the asset neighbourhood

Jama Software, Inc 401(k) PlanJama Software, Inc 401(k) Pl…$23MChartwell Midwest Wisconsin Retirement PlanChartwell Midwest Wisconsin …$23MNorthern Bank and Trust Company 401(k) PlanNorthern Bank and Trust Comp…$23MDeel 401(k) Plan$23MAlbert & Mackenzie, LLP 401(k) Profit Sharing PlanAlbert & Mackenzie, LLP 401(…$23M
End-of-year total assets ($M) among Northern Bank and Trust Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$23M
Net Income$3M
Employer EIN042265819
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northern Bank & Trust Company)

Sponsor-wide plan assets over time

All Northern Bank & Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$28M 42.45990467527832% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.6M $27.9M ▲ +42.4%
Year Plans Participants Total Assets
2022 1 212 $20M
2023 1 224 $23M
2024 1 247 $28M

Nearby 401(k) Plans in Massachusetts

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

Northern Bank and Trust Company 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Northern Bank and Trust Company 401(k) Plan, Total assets ($B): 0.022824395 · Participants: 224Northern Bank and Trust Company 401(k) PlanFidelity 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
Northern Bank and Trust Company 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Northern Bank and Trust Company 401(k) Plan side-by-side with 3 peers →

Northern Bank and Trust Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Deel 401(k) Plan in CA ($23M); by covered participants it is Egomotion Corp. 401(k) Plan in CA (224 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (224 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 Bank and Trust Company 401(k) Plan assets move in 2023? ▼
Northern Bank and Trust Company 401(k) Plan grew sharply - up 16.7% during 2023, from $20M to $23M. Reported net income was $3M.
How have Northern Bank & Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northern Bank & Trust Company's sponsor-wide assets grew 42.5%, from $20M to $28M.
Where does Northern Bank and Trust Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Northern Bank and Trust Company 401(k) Plan ranks in the 75th 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 Northern Bank and Trust Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Deel 401(k) Plan in CA ($23M, 1,411 participants).
Which 401(k) plans cover a similar participant headcount to Northern Bank and Trust Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Egomotion Corp. 401(k) Plan in CA (224 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 042265819.

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.