401(k) · DOL Form 5500 · 2023

National Checking Company 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
181
Participants Below avg headcount
78th
Percentile by assets National rank
$157,856
Avg per participant Above avg balance/head
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Official DOL plan name: The National Checking Company Employee Retirement Plan · Sponsored by National Checking Company · Minnesota · Manufacturing

$29M in assets, 181 participants

National Checking Company's The National Checking Company Employee Retirement Plan reported $29M in total assets and 181 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.

  • #13,142 in Manufacturing (18,722 peers)

Coverage in Minnesota

The National Checking Company Employee Retirement Plan covers 181 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $29M.

#13,142
in Manufacturing (18,722 peers)
+20.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

The National Checking Company Employee Retirement Plan's outsized position by total assets

The National Checking Company Employee Retirement Plan vs every filed plan by assets

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

$28,571,912 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

The National Checking Company Employee Retirement 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 National Checking Company Employee Retirement Plan sits mid-pack in the medium band (181 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The National Checking Company Employee Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • The National Checking Company Employee Retirement Plan end-of-year assets rose from $24M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • The National Checking Company Employee Retirement Plan reported participants rose from 159 in the plan year 2022 filing to 181 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 410433050 · National Checking Company PY 2023 · 401(k)

The National Checking Company Employee Retirement Plan · $29M · 181 · 78th

  • BOY $29M
  • SCH 181
  • EBSA 78th
  • PART 401(k)
  • TYPE near Magnolia Oil & Gas 401(k) Plan
  • NET ind #13142

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 Manufacturing retirement plans → · Plans in Minnesota →

The National Checking Company Employee Retirement Plan in the asset neighbourhood

401(k)/Profit Sharing Plan for Employees of Dean, Mead, Egerton, Bloodworth, Capouano & Bozarth, P.a.401(k)/Profit Sharing Plan f…$29MManna, Inc. 401(k) Plan$29MThe National Checking Company Employee Retirement PlanThe National Checking Compan…$29MMagnolia Oil & Gas 401(k) PlanMagnolia Oil & Gas 401(k) Pl…$29MUnipres U.S.a., Inc. 401(k) Retirement PlanUnipres U.S.a., Inc. 401(k) …$29M
End-of-year total assets ($M) among The National Checking Company Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$29M
Net Income$5M
Employer EIN410433050
Plan Effective Date1964-06-15
Filing StatusFILING RECEIVED

Sponsor Plan History (National Checking Company)

Sponsor-wide plan assets over time

All National Checking Company plans reported in each filing year

Latest sponsor-wide plan assets
$25M 4.503965364386297% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23.8M $24.8M ▲ +4.5%
Year Plans Participants Total Assets
2022 1 159 $24M
2023 1 181 $29M
2024 1 208 $25M

Nearby 401(k) Plans in Minnesota

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

The National Checking Company Employee Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants The National Checking Company Employee Retirement Plan, Total assets ($B): 0.028571912 · Participants: 181The National Checking Company Employee Retirement 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
The National Checking Company Employee Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The National Checking Company Employee Retirement Plan side-by-side with 3 peers →

The National Checking Company Employee Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Magnolia Oil & Gas 401(k) Plan in TX ($29M); by covered participants it is Pyromation, Inc. 401(k) Plan in IN (181 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (181 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 The National Checking Company Employee Retirement Plan assets move in 2023? ▼
The National Checking Company Employee Retirement Plan grew sharply - up 20.2% during 2023, from $24M to $29M. Reported net income was $5M.
How have National Checking Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Checking Company's sponsor-wide assets grew 4.5%, from $24M to $25M.
Where does The National Checking Company Employee Retirement Plan rank by assets among Form 5500 filers? ▼
The National Checking Company Employee Retirement 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 401(k) plans are similar in size to The National Checking Company Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Magnolia Oil & Gas 401(k) Plan in TX ($29M, 218 participants).
Which 401(k) plans cover a similar participant headcount to The National Checking Company Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pyromation, Inc. 401(k) Plan in IN (181 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 410433050.

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.