Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc.

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

Sponsored by North Star Community Services, · Iowa · Healthcare & Social Assistance

What the 2023 filing shows

401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc. holds $5M for 87 participants — about $57,742 per participant, down 6.6% over the 2023 plan year.

$5M
total plan assets (2023 EOY)
87
covered participants
$57,742
avg assets per participant
-6.6%
assets change YoY

The plan reported a net loss of $356K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$5M
Participants
87
State
Industry
Healthcare & Social Assistance

What the Filing Says About 401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc.

401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc. is a Profit Sharing retirement plan sponsored by North Star Community Services,, headquartered in Iowa. As of the 2023 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 87 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 421038039, and the plan has been effective since 1983-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $5M at the beginning of 2023 to $5M at year-end — a decline of 6.6%. Net assets (after liabilities) closed the year at $5M, with reported net income of $-356,185 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 1 prior plan-year filing 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)$5M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$-356,185
Plan TypeProfit Sharing
Employer EIN421038039
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Star Community Services,)

Year Plans Participants Total Assets
2022 1 97 $5M
2023 1 87 $5M

Nearby Profit Sharing Plans in Iowa

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

Frequently Asked Questions

How much money is in the 401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc.?
As of the 2023 Form 5500 filing, 401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc. holds $5M in total assets with 87 participants. It is sponsored by North Star Community Services,.
What type of plan is 401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc.?
401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc. is a Profit Sharing plan. It has been effective since 1983-07-01. The plan is filed with the U.S. Department of Labor under EIN 421038039.
Who sponsors the 401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc.?
401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc. is sponsored by North Star Community Services,, located in Iowa. The sponsor's EIN is 421038039 and the plan operates in the Healthcare & Social Assistance industry.
How did 401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc. perform in 2023?
401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc. declined by 6.6% during 2023, moving from $5M to $5M in total assets. Net income was $-356,185.
Where can I find official filings for 401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc.?
Official Form 5500 filings for 401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 421038039 or plan name at efast.dol.gov.
How does 401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc. compare to other plans?
You can compare 401(k) Profit Sharing Plan for Employees of North Star Community Services, Inc. against other Profit Sharing plans on the plan type page, or view plans in Iowa 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 421038039.

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.