Profit Sharing · DOL Form 5500 · 2023

North American Family Institute, Inc. Profit Sharing Plan

Data updated 2026-08-11

$26M
Total assets
1,448
Participants
77th
Percentile by assets
$18,285
Avg per participant
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Official DOL plan name: North American Family Institute, Inc. 403(b) Plan · Sponsored by North American Family Institute, Inc. · Massachusetts · Healthcare & Social Assistance

$26M in assets, 1,448 participants

North American Family Institute, Inc.'s North American Family Institute, Inc. 403(b) Plan reported $26M in total assets and 1,448 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • 77th percentile by assets (of 127,072 plans)
  • #14,308 in Healthcare & Social Assistance (17,684 peers)

Coverage in Massachusetts

North American Family Institute, Inc. 403(b) Plan covers 1,448 participants in Massachusetts, 2.2x the typical Massachusetts plan (state average ~659 per filing). Assets: $26M.

$26M
total plan assets (2023 EOY)
1,448
covered participants
77th
percentile by assets (of 127,072 plans)
$18,285
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • North American Family Institute, Inc. 403(b) Plan reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • North American Family Institute, Inc. 403(b) Plan end-of-year assets rose from $22M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • North American Family Institute, Inc. 403(b) Plan reported participants rose from 1,438 in the plan year 2022 filing to 1,448 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. North American Family Institute, Inc. 403(b) Plan reports 1,448 participants - 2.2x that state average ($26M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$26M
Net Income$5M
Employer EIN042921507
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North American Family Institute, Inc.)

$20M$25M$30M$35M 202220232024 $21.5M $31.8M ▲ +47.5%
Total plan assets by year, all North American Family Institute, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,438 $22M
2023 1 1,448 $26M
2024 1 1,527 $32M

Nearby Profit Sharing Plans in Massachusetts

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

North American Family Institute, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

North American Family Institute, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants North American Famil…Consolidated 403(b) …Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …
North American Family Institute, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to North American Family Institute, Inc. 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did North American Family Institute, Inc. 403(b) Plan assets move in 2023?
North American Family Institute, Inc. 403(b) Plan grew sharply - up 23.0% during 2023, from $22M to $26M. Reported net income was $5M.
How have North American Family Institute, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), North American Family Institute, Inc.'s sponsor-wide assets grew 47.6%, from $22M to $32M.
Where does North American Family Institute, Inc. 403(b) Plan rank by assets among Form 5500 filers?
North American Family Institute, Inc. 403(b) Plan ranks in the 77th 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 Profit Sharing plans are similar in size to North American Family Institute, Inc. 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is 403(b) Thrift Plan of United Cerebral Palsy Association of Nassau County, Inc. in NY ($26M, 1,104 participants).

Next read for North American Family Institute, Inc. 40…

Filing takeaways

Ways to act on North American Family Institute, Inc. 403(b) Plan's numbers.