401(k) · DOL Form 5500 · 2023

North Homes, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
290
Participants Below avg headcount
57th
Percentile by assets National rank
$32,461
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nhi 401(k) Profit Sharing Plan · Sponsored by North Homes, Inc. · Minnesota · Healthcare & Social Assistance

$9M in assets, 290 participants

North Homes, Inc.'s Nhi 401(k) Profit Sharing Plan reported $9M in total assets and 290 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #11,131 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Nhi 401(k) Profit Sharing Plan covers 290 participants in Minnesota, about 26% of the average Minnesota filer (state average ~1,126 per filing). Assets: $9M.

#11,131
in Healthcare & Social Assistance (17,684 peers)
+23.8%
assets growth YoY

Nhi 401(k) Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Nhi 401(k) Profit Sharing Plan vs every filed plan by assets

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

$9,413,642 Top 43% higher than 57% 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

Nhi 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. Nhi 401(k) Profit Sharing Plan sits mid-pack in the medium band (290 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nhi 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Nhi 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Nhi 401(k) Profit Sharing Plan reported participants rose from 262 in the plan year 2022 filing to 290 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411682025 · North Homes, Inc. PY 2023 · 401(k)

Nhi 401(k) Profit Sharing Plan · $9M · 290 · 57th

  • IND $9M
  • IND 290
  • IND 57th
  • IND 401(k)
  • IND near Asea 401(k) Plan
  • IND ind #11131

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 Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Nhi 401(k) Profit Sharing Plan in the asset neighbourhood

Nhi 401(k) Profit Sharing PlanNhi 401(k) Profit Sharing Pl…$9MAsea 401(k) Plan$9MThompson Concrete, Ltd Retirement Savings PlanThompson Concrete, Ltd Retir…$9MEnduro Pipeline Services 401(k) PlanEnduro Pipeline Services 401…$9MObsidian Solutions Group 401(k) PlanObsidian Solutions Group 401…$9M
End-of-year total assets ($M) among Nhi 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)$8M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN411682025
Plan Effective Date1995-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Homes, Inc.)

Sponsor-wide plan assets over time

All North Homes, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 29.935447138835286% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $7.6M $9.88M ▲ +30.0%
Year Plans Participants Total Assets
2022 1 262 $8M
2023 1 290 $9M
2024 1 301 $10M

Nearby 401(k) Plans in Minnesota

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

Nhi 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 ($B) Participants Nhi 401(k) Profit Sharing Plan, Total assets ($B): 0.009413642 · Participants: 290Nhi 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
Nhi 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Nhi 401(k) Profit Sharing Plan side-by-side with 3 peers →

Nhi 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 Asea 401(k) Plan in UT ($9M); by covered participants it is Tireman/World Tire 401(k) Plan in OH (290 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (290 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 Nhi 401(k) Profit Sharing Plan assets move in 2023? ▼
Nhi 401(k) Profit Sharing Plan grew sharply - up 23.8% during 2023, from $8M to $9M. Reported net income was $2M.
How have North Homes, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), North Homes, Inc.'s sponsor-wide assets grew 29.9%, from $8M to $10M.
Which 401(k) plans are similar in size to Nhi 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Asea 401(k) Plan in UT ($9M, 203 participants).
Which 401(k) plans cover a similar participant headcount to Nhi 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tireman/World Tire 401(k) Plan in OH (290 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 411682025.

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.