401(k) · DOL Form 5500 · 2023
Northpointe Bank 401(k) Plan
Data updated 2026-08-25
- $63M
- Total assets Below avg plan size
- 968
- Participants Near avg headcount
- 88th
- Percentile by assets National rank
- $65,568
- Avg per participant Low balance/head
Official DOL plan name: The Northpointe Bancshares, Inc. Employee Stock Ownership Plan · Sponsored by Northpointe Bank · Michigan · Finance & Insurance
$63M in assets, 968 participants
Northpointe Bank's The Northpointe Bancshares, Inc. Employee Stock Ownership Plan reported $63M in total assets and 968 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.
- #7,200 in Finance & Insurance (8,869 peers)
Where The Northpointe Bancshares, Inc. Employee Stock Ownership Plan sits by assets
The Northpointe Bancshares, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $63M for 968 participants (~$65,568/participant), up 6.4% in 2023.
- #7,200
- in Finance & Insurance (8,869 peers)
- +6.4%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
The Northpointe Bancshares, Inc. Employee Stock Ownership Plan's outsized position by total assets
The Northpointe Bancshares, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$63,469,694 Top 12% higher than 88% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Northpointe Bancshares, 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. The Northpointe Bancshares, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (968 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Northpointe Bancshares, Inc. Employee Stock Ownership Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- The Northpointe Bancshares, Inc. Employee Stock Ownership Plan reported participants fell from 1,075 in the plan year 2022 filing to 968 in the plan year 2023 filing.
- The Northpointe Bancshares, Inc. Employee Stock Ownership Plan end-of-year assets rose from $60M in the plan year 2022 filing to $63M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 383448372 · Northpointe Bank PY 2023 · 401(k)
The Northpointe Bancshares, Inc. Employee Stock Ownership Plan · $63M · 968 · 88th
- NET $63M
- BOOK 968
- VS-ST 88th
- BOY 401(k)
- SCH near Sumitomo Machinery Corporation of America Savings and Investment Plan
- EBSA ind #7200
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 Finance & Insurance retirement plans → · Plans in Michigan →
The Northpointe Bancshares, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $60M |
|---|---|
| Net Assets (End of Year) | $63M |
| Net Income | $4M |
| Employer EIN | 383448372 |
| Plan Effective Date | 1999-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northpointe Bank)
Sponsor-wide plan assets over time
All Northpointe Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $61M 2.7612962641638714% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,075 | $60M |
| 2023 | 1 | 968 | $63M |
| 2024 | 1 | 598 | $61M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
The Northpointe Bancshares, Inc. Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Sumitomo Machinery Corporation of America Savings and Investment Plan in VA ($63M); by covered participants it is Rehau Retirement Savings Plan in VA (968 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($63M here).
- Sumitomo Machinery Corporation of America Savings and Investment Plan (VA) $63M · 481
- Telenav, Inc. 401(k) Plan (CA) $63M · 145
- Aledade 401(k) Savings and Investment Plan (MD) $63M · 1,249
- Blend Labs, Inc. 401(k) Plan (CA) $63M · 1,213
Similar participant headcount
Nearest other-state filings by covered participants (968 participants); asset peers above are excluded.
- Rehau Retirement Savings Plan (VA) 968 · 0 off
- Heilind Electronics, Inc. 401(k) Plan (MA) 968 · 0 off
- Arentfox Schiff 401(k) Plan (DC) 968 · 0 off
- Carmeuse Lime, Inc. 401(k) Plan (PA) 968 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.