Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

North Central Equity LLC 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by North Central Equity LLC · Minnesota · Finance & Insurance

What the 2023 filing shows

North Central Equity LLC 401(k) Plan holds $6M for 276 participants — about $22,810 per participant, down 34.1% over the 2023 plan year.

$6M
total plan assets (2023 EOY)
276
covered participants
$22,810
avg assets per participant
-34.1%
assets change YoY
Total Assets (2023)
$6M
Participants
276
State
Industry
Finance & Insurance

What the Filing Says About North Central Equity LLC 401(k) Plan

North Central Equity LLC 401(k) Plan is a Profit Sharing retirement plan sponsored by North Central Equity LLC, headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 276 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 201180958, and the plan has been effective since 2006-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2023 to $6M at year-end — a decline of 34.1%. Net assets (after liabilities) closed the year at $6M, with reported net income of $1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$1M
Plan TypeProfit Sharing
Employer EIN201180958
Plan Effective Date2006-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Central Equity LLC)

Year Plans Participants Total Assets
2022 1 258 $10M
2023 1 276 $6M
2024 1 305 $6M

Nearby Profit Sharing Plans in Minnesota

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Frequently Asked Questions

How much money is in the North Central Equity LLC 401(k) Plan?
As of the 2023 Form 5500 filing, North Central Equity LLC 401(k) Plan holds $6M in total assets with 276 participants. It is sponsored by North Central Equity LLC.
What type of plan is North Central Equity LLC 401(k) Plan?
North Central Equity LLC 401(k) Plan is a Profit Sharing plan. It has been effective since 2006-02-01. The plan is filed with the U.S. Department of Labor under EIN 201180958.
Who sponsors the North Central Equity LLC 401(k) Plan?
North Central Equity LLC 401(k) Plan is sponsored by North Central Equity LLC, located in Minnesota. The sponsor's EIN is 201180958 and the plan operates in the Finance & Insurance industry.
How did North Central Equity LLC 401(k) Plan perform in 2023?
North Central Equity LLC 401(k) Plan declined by 34.1% during 2023, moving from $10M to $6M in total assets. Net income was $1M.
Where can I find official filings for North Central Equity LLC 401(k) Plan?
Official Form 5500 filings for North Central Equity LLC 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 201180958 or plan name at efast.dol.gov.
How does North Central Equity LLC 401(k) Plan compare to other plans?
You can compare North Central Equity LLC 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 201180958.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.