ESOP · DOL Form 5500 · 2023

Northern Tree Holdco, Inc. ESOP

Data updated 2026-08-25

$28M
Total assets Below avg plan size
165
Participants Small participant base
78th
Percentile by assets National rank
$170,913
Avg per participant Above avg balance/head
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Official DOL plan name: Northern Tree Holdco, Inc. Employee Stock Ownership Plan · Sponsored by Northern Tree Holdco, Inc. · Massachusetts · Administrative & Support Services

$28M in assets, 165 participants

Northern Tree Holdco, Inc.'s Northern Tree Holdco, Inc. Employee Stock Ownership Plan reported $28M in total assets and 165 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #3,891 in Administrative & Support Services (4,372 peers)

Coverage in Massachusetts

Northern Tree Holdco, Inc. Employee Stock Ownership Plan covers 165 participants in Massachusetts, about 25% of the average Massachusetts filer (state average ~659 per filing). Assets: $28M.

#3,891
in Administrative & Support Services (4,372 peers)
+7.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Northern Tree Holdco, Inc. Employee Stock Ownership Plan's outsized position by total assets

Northern Tree Holdco, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$28,200,665 Top 22% higher than 78% 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 Tree Holdco, Inc. Employee Stock Ownership 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 Tree Holdco, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (165 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Northern Tree Holdco, Inc. Employee Stock Ownership Plan reported net income rose from -$13M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Northern Tree Holdco, Inc. Employee Stock Ownership Plan reported participants rose from 142 in the plan year 2022 filing to 165 in the plan year 2023 filing.
  • Northern Tree Holdco, Inc. Employee Stock Ownership Plan end-of-year assets rose from $26M in the plan year 2022 filing to $28M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 851665706 · Northern Tree Holdco, Inc. PY 2023 · ESOP

Northern Tree Holdco, Inc. Employee Stock Ownership Plan · $28M · 165 · 78th

  • EOY $28M
  • EOY 165
  • EOY 78th
  • EOY ESOP
  • EOY near Kenmark Optical, Inc. Employee Stock Ownership Plan
  • EOY ind #3891

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 What is an ESOP? → · Plans in Massachusetts →

Northern Tree Holdco, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bardex Corporation Employee Stock Ownership PlanBardex Corporation Employee …$28MCramer & Associates, Inc. Employee Stock Ownership PlanCramer & Associates, Inc. Em…$28MKenmark Optical, Inc. Employee Stock Ownership PlanKenmark Optical, Inc. Employ…$28MNorthern Tree Holdco, Inc. Employee Stock Ownership PlanNorthern Tree Holdco, Inc. E…$28MEmployment Alliance Holdings, Inc. Employment Stock Ownership PlanEmployment Alliance Holdings…$28M
End-of-year total assets ($M) among Northern Tree Holdco, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)-$86M
Net Income$3M
Employer EIN851665706
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northern Tree Holdco, Inc.)

Sponsor-wide plan assets over time

All Northern Tree Holdco, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 19.77136319556939% vs 2022
2024 filing year
$24M$26M$28M$30M$32M$34M 202220232024 $26.3M $31.5M ▲ +19.8%
Year Plans Participants Total Assets
2022 1 142 $26M
2023 1 165 $28M
2024 1 157 $32M

Nearby ESOP Plans in Massachusetts

Peer ESOP plans, same state, same plan type, ranked by total assets.

Northern Tree Holdco, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Northern Tree Holdco, Inc. Employee Stock Ownership Plan, Total assets ($M): 28.200665 · Participants: 165Northern Tree Holdco, Inc. Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 611.879597 · Participants: 1511Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 349.164775 · Participants: 174The Gillette Company Employee Stock Ownership PlanShawmut Group Employee Stock Ownership Plan, Total assets ($M): 274.195602 · Participants: 716Shawmut Group Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 244.511447 · Participants: 641First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanEastern Bank Employee Stock Ownership Plan, Total assets ($M): 213.345202 · Participants: 1778Eastern Bank Employee Stock Ownership Plan
Northern Tree Holdco, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Northern Tree Holdco, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Northern Tree Holdco, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Massachusetts, the nearest ESOP by assets is Kenmark Optical, Inc. Employee Stock Ownership Plan in KY ($28M); by covered participants it is The Bank of Greene County Employee Stock Ownership Plan in NY (165 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (165 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 Tree Holdco, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Northern Tree Holdco, Inc. Employee Stock Ownership Plan grew at a solid clip - up 7.2% during 2023, from $26M to $28M. Reported net income was $3M.
How have Northern Tree Holdco, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northern Tree Holdco, Inc.'s sponsor-wide assets grew 19.8%, from $26M to $32M.
Where does Northern Tree Holdco, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Northern Tree Holdco, Inc. Employee Stock Ownership Plan ranks in the 78th 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 ESOP plans are similar in size to Northern Tree Holdco, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Kenmark Optical, Inc. Employee Stock Ownership Plan in KY ($28M, 92 participants).
Which ESOP plans cover a similar participant headcount to Northern Tree Holdco, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The Bank of Greene County Employee Stock Ownership Plan in NY (165 participants, $13M 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 851665706.

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.