ESOP · DOL Form 5500 · 2023

North Country Business Products, Inc. ESOP

Data updated 2026-08-11

$13M
Total assets
133
Participants
64th
Percentile by assets
$96,833
Avg per participant
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Official DOL plan name: North Country Business Products Associate Stock Ownership Plan · Sponsored by North Country Business Products, Inc. · Minnesota · Retail Trade

$13M in assets, 133 participants

North Country Business Products, Inc.'s North Country Business Products Associate Stock Ownership Plan reported $13M in total assets and 133 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 127,072 plans)
  • #6,287 in Retail Trade (8,414 peers)

Coverage in Minnesota

North Country Business Products Associate Stock Ownership Plan covers 133 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

$13M
total plan assets (2023 EOY)
133
covered participants
64th
percentile by assets (of 127,072 plans)
$96,833
avg assets per participant

The plan reported a net loss of $318K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where North Country Business Products Associate Stock Ownership Plan sits by total assets

North Country Business Products Associate Stock Ownership Plan vs every filed plan by assets

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

$12,878,843 Top 36% higher than 64% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • North Country Business Products Associate Stock Ownership Plan reported net income fell from $3M in the plan year 2022 filing to -$318K in the plan year 2023 filing.
  • North Country Business Products Associate Stock Ownership Plan end-of-year assets fell from $13M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • North Country Business Products Associate Stock Ownership Plan reported participants rose from 130 in the plan year 2022 filing to 133 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Retail Trade

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. North Country Business Products Associate Stock Ownership Plan reports 133 participants - about 12% of that state average ($13M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income-$318K
Employer EIN410944999
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Country Business Products, Inc.)

$22M$24M$26M$28M$30M 202220232024 $23M $27.9M ▲ +21.0%
Total plan assets by year, all North Country Business Products, Inc. plans on file
Year Plans Participants Total Assets
2022 2 276 $23M
2023 2 287 $25M
2024 2 285 $28M

Nearby ESOP Plans in Minnesota

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

North Country Business Products Associate Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants North Country Busine…, Total assets ($M): 12.878843 · Participants: 133North Country Busine…Andersen Corporation…, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation…Kingdom Enterprises,…, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises,…Landscape Structures…, Total assets ($M): 432.374379 · Participants: 446Landscape Structures…Hormel Foods Corpora…, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corpora…Force America Inc. E…, Total assets ($M): 426.610266 · Participants: 412Force America Inc. E…
North Country Business Products Associate Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare North Country Business Products Associat… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to North Country Business Products Associate Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did North Country Business Products Associate Stock Ownership Plan assets move in 2023? ▼
North Country Business Products Associate Stock Ownership Plan edged down modestly - down 2.4% during 2023, from $13M to $13M. Reported net income was -$318K.
How have North Country Business Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), North Country Business Products, Inc.'s sponsor-wide assets grew 21.0%, from $23M to $28M.
Which ESOP plans are similar in size to North Country Business Products Associate Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Et Environmental Employee Stock Ownership Plan in GA ($13M, 57 participants).

Next read for North Country Business Products Associat…

Filing takeaways

Ways to act on North Country Business Products Associate Stock Ownership Plan's numbers.

  • By total assets, North Country Business Products Associate Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
  • North Country Business Products, Inc.'s sponsor-wide assets have grown 21.0% since 2022 across 3 plan years on file. More Retail 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 410944999.

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.