401(k) · DOL Form 5500 · 2024

Northern Business Machines 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
64
Participants Small participant base
55th
Percentile by assets National rank
$150,197
Avg per participant Above avg balance/head
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Official DOL plan name: Nbm 401(k) Profit Sharing Trust · Sponsored by Northern Business Machines · Massachusetts · Wholesale Trade

$10M in assets, 64 participants

Northern Business Machines's Nbm 401(k) Profit Sharing Trust reported $10M in total assets and 64 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #2,798 in Wholesale Trade (6,080 peers)

Northern Business Machines multi-year trail

Northern Business Machines's plans moved +29.3% in assets from 2022 to 2024; this filing shows Nbm 401(k) Profit Sharing Trust at $10M / 64 participants.

#2,798
in Wholesale Trade (6,080 peers)
+8.2%
assets growth YoY

Nbm 401(k) Profit Sharing Trust's mid-pack asset rank among Wholesale Trade and all filers

Nbm 401(k) Profit Sharing Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,612,616 Top 45% higher than 55% of 123,620 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 2024

Nbm 401(k) Profit Sharing Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nbm 401(k) Profit Sharing Trust is a small filing (64 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nbm 401(k) Profit Sharing Trust reported net income fell from $1M in the plan year 2023 filing to $727K in the plan year 2024 filing.
  • Nbm 401(k) Profit Sharing Trust end-of-year assets rose from $9M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Nbm 401(k) Profit Sharing Trust reported participants fell from 67 in the plan year 2023 filing to 64 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 042875957 · Northern Business Machines PY 2024 · 401(k)

Nbm 401(k) Profit Sharing Trust · $10M · 64 · 55th

  • TYPE $10M
  • NET 64
  • BOOK 55th
  • VS-ST 401(k)
  • BOY near Buchanan Partner Corporation 401(k) Plan
  • SCH ind #2798

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 Wholesale Trade retirement plans → · Plans in Massachusetts →

Nbm 401(k) Profit Sharing Trust in the asset neighbourhood

Nbm 401(k) Profit Sharing TrustNbm 401(k) Profit Sharing Tr…$10MBuchanan Partner Corporation 401(k) PlanBuchanan Partner Corporation…$10MC. Cowles & Company 401(k) PlanC. Cowles & Company 401(k) P…$10MO2micro 401(k) Plan$10MLongwall Associates Incorporated 401(k) PlanLongwall Associates Incorpor…$10M
End-of-year total assets ($M) among Nbm 401(k) Profit Sharing Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Northern Business Machines multi-year asset trail

Sponsor-wide plan assets over time

All Northern Business Machines plans reported in each filing year

Latest sponsor-wide plan assets
$10M 29.341530717856006% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.43M $9.61M ▲ +29.3%
Year Plans Participants Total Assets
2022 1 57 $7M
2023 1 67 $9M
2024 1 64 $10M

Northern Business Machines filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$727K
Employer EIN042875957
Plan Effective Date1986-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Nbm 401(k) Profit Sharing Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Nbm 401(k) Profit Sharing Trust, Total assets ($B): 0.009612616 · Participants: 64Nbm 401(k) Profit Sharing TrustFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Nbm 401(k) Profit Sharing Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Nbm 401(k) Profit Sharing Trust's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Buchanan Partner Corporation 401(k) Plan in MD ($10M); by covered participants it is Kwik Goal Ltd. 401(k) Plan in PA (64 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (64 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nbm 401(k) Profit Sharing Trust assets move in 2024?
Nbm 401(k) Profit Sharing Trust grew at a solid clip - up 8.2% during 2024, from $9M to $10M. Reported net income was $727K.
How have Northern Business Machines plan assets changed over time?
Across 3 plan years on file (2022-2024), Northern Business Machines's sponsor-wide assets grew 29.3%, from $7M to $10M.
Which 401(k) plans are similar in size to Nbm 401(k) Profit Sharing Trust?
Among 401(k) plans in other states, the closest by assets is Buchanan Partner Corporation 401(k) Plan in MD ($10M, 24 participants).
Which 401(k) plans cover a similar participant headcount to Nbm 401(k) Profit Sharing Trust?
Among 401(k) plans in other states, the closest by covered participants is Kwik Goal Ltd. 401(k) Plan in PA (64 participants, $5M in assets).