401(k) · DOL Form 5500 · 2023

Northern Metal Products 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
173
Participants Small participant base
66th
Percentile by assets National rank
$81,773
Avg per participant Below avg balance/head
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Official DOL plan name: Northern Metal Products 401(k) Profit Sharing Plan · Sponsored by Northern Metal Products · Minnesota · Manufacturing

$14M in assets, 173 participants

Northern Metal Products's Northern Metal Products 401(k) Profit Sharing Plan reported $14M in total assets and 173 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #10,133 in Manufacturing (18,722 peers)

Coverage in Minnesota

Northern Metal Products 401(k) Profit Sharing Plan covers 173 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $14M.

#10,133
in Manufacturing (18,722 peers)
+22.7%
assets growth YoY

Northern Metal Products 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Northern Metal Products 401(k) Profit Sharing Plan vs every filed plan by assets

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

$14,146,700 Top 34% higher than 66% 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 Metal Products 401(k) Profit Sharing 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 Metal Products 401(k) Profit Sharing Plan sits mid-pack in the medium band (173 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northern Metal Products 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Northern Metal Products 401(k) Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Northern Metal Products 401(k) Profit Sharing Plan reported participants fell from 176 in the plan year 2022 filing to 173 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 411784229 · Northern Metal Products PY 2023 · 401(k)

Northern Metal Products 401(k) Profit Sharing Plan · $14M · 173 · 66th

  • ASSETS $14M
  • PCT 173
  • EIN 66th
  • RANK 401(k)
  • PHOTO near Infinity Machine & Engineering Corporation 401(k) Retirement Savings Plan
  • IND ind #10133

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 Manufacturing retirement plans → · Plans in Minnesota →

Northern Metal Products 401(k) Profit Sharing Plan in the asset neighbourhood

Northern Metal Products 401(k) Profit Sharing PlanNorthern Metal Products 401(…$14MInfinity Machine & Engineering Corporation 401(k) Retirement Savings PlanInfinity Machine & Engineeri…$14MJoseph Gallo Farms 401(k) PlanJoseph Gallo Farms 401(k) Pl…$14MDallas Zoo Management, Inc. 401(k) PlanDallas Zoo Management, Inc. …$14MPearlman Group 401(k) Plan$14M
End-of-year total assets ($M) among Northern Metal Products 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$3M
Employer EIN411784229
Plan Effective Date1974-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northern Metal Products)

Sponsor-wide plan assets over time

All Northern Metal Products plans reported in each filing year

Latest sponsor-wide plan assets
$16M 40.828282209956036% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.5M $16.2M ▲ +40.8%
Year Plans Participants Total Assets
2022 1 176 $12M
2023 1 173 $14M
2024 1 161 $16M

Nearby 401(k) Plans in Minnesota

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

Northern Metal Products 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Northern Metal Products 401(k) Profit Sharing Plan, Total assets ($B): 0.0141467 · Participants: 173Northern Metal Products 401(k) Profit Sharing 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
Northern Metal Products 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Northern Metal Products 401(k) Profit Sharing Plan side-by-side with 3 peers →

Northern Metal Products 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Infinity Machine & Engineering Corporation 401(k) Retirement Savings Plan in WI ($14M); by covered participants it is Ace Fix-It Hardware 401(k) Plan in PA (173 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (173 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 Metal Products 401(k) Profit Sharing Plan assets move in 2023? ▼
Northern Metal Products 401(k) Profit Sharing Plan grew sharply - up 22.7% during 2023, from $12M to $14M. Reported net income was $3M.
How have Northern Metal Products plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northern Metal Products's sponsor-wide assets grew 40.8%, from $12M to $16M.
Which 401(k) plans are similar in size to Northern Metal Products 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Infinity Machine & Engineering Corporation 401(k) Retirement Savings Plan in WI ($14M, 182 participants).
Which 401(k) plans cover a similar participant headcount to Northern Metal Products 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ace Fix-It Hardware 401(k) Plan in PA (173 participants, N/A 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 411784229.

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.