401(k) · DOL Form 5500 · 2023

North Atlantic Corp. 401(k) Plan

Data updated 2026-08-11

$44M
Total assets: 655
Participants: 84th
Percentile by assets: $67,622
Avg per participant

Official DOL plan name: North Atlantic Corp. 401(k) Profit Sharing Plan and Trust · Sponsored by North Atlantic Corp. · Massachusetts · Wholesale Trade

$44M in assets, 655 participants

North Atlantic Corp.'s North Atlantic Corp. 401(k) Profit Sharing Plan and Trust reported $44M in total assets and 655 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

84th percentile by assets (of 127,072 plans)
#5,367 in Wholesale Trade (6,309 peers)

Where North Atlantic Corp. 401(k) Profit Sharing Plan and Trust sits by assets

North Atlantic Corp. 401(k) Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $44M for 655 participants (~$67,622/participant), up 19.3% in 2023.

$44M
total plan assets (2023 EOY): 655
covered participants: 84th
percentile by assets (of 127,072 plans): $67,622
avg assets per participant

Where North Atlantic Corp. 401(k) Profit Sharing Plan and Trust sits by total assets

North Atlantic Corp. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$44,292,535 Top 16% higher than 84% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

North Atlantic Corp. 401(k) Profit Sharing Plan and Trust reported net income rose from -$5M in the plan year 2022 filing to $7M in the plan year 2023 filing.
North Atlantic Corp. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $37M in the plan year 2022 filing to $44M in the plan year 2023 filing.
North Atlantic Corp. 401(k) Profit Sharing Plan and Trust reported participants rose from 587 in the plan year 2022 filing to 655 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Wholesale Trade

North Atlantic Corp. 401(k) Profit Sharing Plan and Trust vs the 2023 asset distribution

By assets, North Atlantic Corp. 401(k) Profit Sharing Plan and Trust outranks 84% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$37M
Net Assets (End of Year)	$44M
Net Income	$7M
Employer EIN	043173943
Plan Effective Date	1983-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (North Atlantic Corp.)

Total plan assets by year, all North Atlantic Corp. plans on file

Year	Plans	Participants	Total Assets
2022	1	587	$37M
2023	1	655	$44M
2024	1	647	$50M

Nearby 401(k) Plans in Massachusetts

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

North Atlantic Corp. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Fidelity Retirement Savings Plan $28.6B · 62,289
Liberty Mutual 401(k) Plan $10.6B · 37,052
Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
Philips North America 401(k) Plan $5.8B · 19,120

Compare North Atlantic Corp. 401(k) Profit Shari… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to North Atlantic Corp. 401(k) Profit Sharing Plan and Trust by total assets, not by location.

U. S. Engineering Company Holdings 401(k) Profit Sharing Plan & Trust (MO) $44M · 372
Tcmi, Inc. 401(k) Profit Sharing Plan (CA) $44M · 109
Sharonview Federal Credit Union 401(k) Plan (SC) $44M · 294
Mylan Pharmaceuticals Inc. 401(k) Defined Contribution Plan (PA) $44M · 212

Frequently Asked Questions

How did North Atlantic Corp. 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼

North Atlantic Corp. 401(k) Profit Sharing Plan and Trust grew sharply - up 19.3% during 2023, from $37M to $44M. Reported net income was $7M.

How have North Atlantic Corp. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), North Atlantic Corp.'s sponsor-wide assets grew 35.1%, from $37M to $50M.

Where does North Atlantic Corp. 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼

North Atlantic Corp. 401(k) Profit Sharing Plan and Trust ranks in the 84th 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 Atlantic Corp. 401(k) Profit Sharing Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is U. S. Engineering Company Holdings 401(k) Profit Sharing Plan & Trust in MO ($44M, 372 participants).

Next read for North Atlantic Corp. 401(k) Profit Shari…

Scale reading

Ways to act on North Atlantic Corp. 401(k) Profit Sharing Plan and Trust's numbers.

By total assets, North Atlantic Corp. 401(k) Profit Sharing Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
North Atlantic Corp.'s sponsor-wide assets have grown 35.1% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 043173943.