Defined Benefit (Pension) · DOL Form 5500 · 2023

North Star Mutual Insurance Company Pension Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
253
Participants Below avg headcount
87th
Percentile by assets National rank
$242,082
Avg per participant Above avg balance/head
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Official DOL plan name: Pension Plan for Employees of North Star Mutual Insurance Company · Sponsored by North Star Mutual Insurance Company · Minnesota · Finance & Insurance

$61M in assets, 253 participants

North Star Mutual Insurance Company's Pension Plan for Employees of North Star Mutual Insurance Company reported $61M in total assets and 253 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,164 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Pension Plan for Employees of North Star Mutual Insurance Company covers 253 participants in Minnesota, about 22% of the average Minnesota filer (state average ~1,126 per filing). Assets: $61M.

#7,164
in Finance & Insurance (8,869 peers)
+8.8%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Pension Plan for Employees of North Star Mutual Insurance Company's outsized position by total assets

Pension Plan for Employees of North Star Mutual Insurance Company vs every filed plan by assets

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

$61,246,764 Top 13% higher than 87% 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

Pension Plan for Employees of North Star Mutual Insurance Company 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. Pension Plan for Employees of North Star Mutual Insurance Company sits mid-pack in the medium band (253 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan for Employees of North Star Mutual Insurance Company reported net income rose from -$13M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Pension Plan for Employees of North Star Mutual Insurance Company end-of-year assets rose from $56M in the plan year 2022 filing to $61M in the plan year 2023 filing.
  • Pension Plan for Employees of North Star Mutual Insurance Company reported participants rose from 244 in the plan year 2022 filing to 253 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 · Defined Benefit (Pension)

Pension Plan for Employees of North Star Mutual Insurance Company · $61M · 253 · 87th

  • PHOTO $61M
  • IND 253
  • EOY 87th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Major League Baseball Pension Plan for Non-Uniformed Personnel
  • PCT ind #7164

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 →

Pension Plan for Employees of North Star Mutual Insurance Company in the asset neighbourhood

Td Securities USA Pension PlanTd Securities USA Pension Pl…$61MPension Plan for Employees of North Star Mutual Insurance CompanyPension Plan for Employees o…$61MMajor League Baseball Pension Plan for Non-Uniformed PersonnelMajor League Baseball Pensio…$61MRetirement Plan for Employees of the O'connell Companies, Inc.Retirement Plan for Employee…$61MLeggett & Platt, Incorporated Retirement PlanLeggett & Platt, Incorporate…$61M
End-of-year total assets ($M) among Pension Plan for Employees of North Star Mutual Insurance Company and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$61M
Net Income$5M
Employer EIN410446480
Plan Effective Date1954-05-01
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 Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan for Employees of North Star Mutual Insurance Company vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Pension Plan for Employees of North Star Mutual Insurance Company, Total assets ($B): 0.061246764 · Participants: 253Pension Plan for Employees of North Star Mutual Insurance Company3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Pension Plan for Employees of North Star Mutual Insurance Company vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Pension Plan for Employees of North Star Mutual Insurance Company side-by-side with 3 peers →

Pension Plan for Employees of North Star Mutual Insurance Company's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Major League Baseball Pension Plan for Non-Uniformed Personnel in MD ($61M); by covered participants it is Crounse Corporation Marine & Maintenance Employees' Pension Plan in KY (253 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (253 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 Pension Plan for Employees of North Star Mutual Insurance Company assets move in 2023? ▼
Pension Plan for Employees of North Star Mutual Insurance Company grew at a solid clip - up 8.8% during 2023, from $56M to $61M. Reported net income was $5M.
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 Pension Plan for Employees of North Star Mutual Insurance Company rank by assets among Form 5500 filers? ▼
Pension Plan for Employees of North Star Mutual Insurance Company ranks in the 87th 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 Defined Benefit (Pension) plans are similar in size to Pension Plan for Employees of North Star Mutual Insurance Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Major League Baseball Pension Plan for Non-Uniformed Personnel in MD ($61M, 166 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Employees of North Star Mutual Insurance Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Crounse Corporation Marine & Maintenance Employees' Pension Plan in KY (253 participants, $33M 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.