401(k) · DOL Form 5500 · 2023

North Star Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
282
Participants Below avg headcount
83rd
Percentile by assets National rank
$142,870
Avg per participant Near avg balance/head
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Official DOL plan name: North Star Mutual Insurance Company 401(k) Plan · Sponsored by North Star Mutual Insurance Company · Minnesota · Finance & Insurance

$40M in assets, 282 participants

North Star Mutual Insurance Company's North Star Mutual Insurance Company 401(k) Plan reported $40M in total assets and 282 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,574 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

North Star Mutual Insurance Company 401(k) Plan covers 282 participants in Minnesota, about 25% of the average Minnesota filer (state average ~1,126 per filing). Assets: $40M.

#6,574
in Finance & Insurance (8,869 peers)
+19.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

North Star Mutual Insurance Company 401(k) Plan's outsized position by total assets

North Star Mutual Insurance Company 401(k) Plan vs every filed plan by assets

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

$40,289,203 Top 17% higher than 83% 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

North Star Mutual Insurance 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. North Star Mutual Insurance Company 401(k) Plan sits mid-pack in the medium band (282 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • North Star Mutual Insurance Company 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • North Star Mutual Insurance Company 401(k) Plan end-of-year assets rose from $34M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • North Star Mutual Insurance Company 401(k) Plan reported participants rose from 269 in the plan year 2022 filing to 282 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410446480 · North Star Mutual Insurance Company PY 2023 · 401(k)

North Star Mutual Insurance Company 401(k) Plan · $40M · 282 · 83rd

  • PCT $40M
  • PCT 282
  • PCT 83rd
  • PCT 401(k)
  • PCT near Allvue 401(k) Plan
  • PCT ind #6574

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 Minnesota →

North Star Mutual Insurance Company 401(k) Plan in the asset neighbourhood

North Star Mutual Insurance Company 401(k) PlanNorth Star Mutual Insurance …$40MAllvue 401(k) Plan$40MRetirement Path Pooled Employer PlanRetirement Path Pooled Emplo…$40MBigge Crane and Rigging Co. 401(k) ProfitBigge Crane and Rigging Co. …$40MSumo Logic, Inc. Retirement Savings PlanSumo Logic, Inc. Retirement …$40M
End-of-year total assets ($M) among North Star Mutual Insurance Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$40M
Net Income$7M
Employer EIN410446480
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Star Mutual Insurance Company)

Sponsor-wide plan assets over time

All North Star Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$110M 22.15212869903063% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $89.9M $110M ▲ +22.2%
Year Plans Participants Total Assets
2022 2 513 $90M
2023 2 535 $102M
2024 2 549 $110M

Nearby 401(k) Plans in Minnesota

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

North Star Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants North Star Mutual Insurance Company 401(k) Plan, Total assets ($B): 0.040289203 · Participants: 282North Star Mutual Insurance Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
North Star Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare North Star Mutual Insurance Company 401(k) Plan side-by-side with 3 peers →

North Star Mutual Insurance Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Allvue 401(k) Plan in FL ($40M); by covered participants it is The Arcticom Group, LLC 401(k) Plan in CA (282 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($40M here).

Similar participant headcount

Nearest other-state filings by covered participants (282 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 North Star Mutual Insurance Company 401(k) Plan assets move in 2023? ▼
North Star Mutual Insurance Company 401(k) Plan grew sharply - up 19.7% during 2023, from $34M to $40M. Reported net income was $7M.
How have North Star Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), North Star Mutual Insurance Company's sponsor-wide assets grew 22.2%, from $90M to $110M.
Where does North Star Mutual Insurance Company 401(k) Plan rank by assets among Form 5500 filers? ▼
North Star Mutual Insurance Company 401(k) Plan ranks in the 83rd 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 North Star Mutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Allvue 401(k) Plan in FL ($40M, 376 participants).
Which 401(k) plans cover a similar participant headcount to North Star Mutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Arcticom Group, LLC 401(k) Plan in CA (282 participants, $10M 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 410446480.

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.