401(k) · DOL Form 5500 · 2024

Northern Bank & Trust Company 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
247
Participants Below avg headcount
76th
Percentile by assets National rank
$112,844
Avg per participant Below avg balance/head
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Official DOL plan name: Northern Bank and Trust Company 401(k) Plan · Sponsored by Northern Bank & Trust Company · Massachusetts · Finance & Insurance

$28M in assets, 247 participants

Northern Bank & Trust Company's Northern Bank and Trust Company 401(k) Plan reported $28M in total assets and 247 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,394 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Northern Bank and Trust Company 401(k) Plan covers 247 participants in Massachusetts, about 38% of the average Massachusetts filer (state average ~659 per filing). Assets: $28M.

#5,394
in Finance & Insurance (8,549 peers)
+22.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Northern Bank and Trust Company 401(k) Plan's outsized position by total assets

Northern Bank and Trust Company 401(k) Plan vs every filed plan by assets

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

$27,872,457 Top 24% higher than 76% 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

Northern Bank and Trust Company 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northern Bank and Trust Company 401(k) Plan sits mid-pack in the medium band (247 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northern Bank and Trust Company 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Northern Bank and Trust Company 401(k) Plan end-of-year assets rose from $23M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Northern Bank and Trust Company 401(k) Plan reported participants rose from 224 in the plan year 2023 filing to 247 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 042265819 · Northern Bank & Trust Company PY 2024 · 401(k)

Northern Bank and Trust Company 401(k) Plan · $28M · 247 · 76th

  • PCT $28M
  • EIN 247
  • RANK 76th
  • PHOTO 401(k)
  • IND near B & D Retirement and Savings Plan
  • EOY ind #5394

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 Massachusetts →

Northern Bank and Trust Company 401(k) Plan in the asset neighbourhood

The Villages Health System Employees Savings PlanThe Villages Health System E…$28MNorthern Bank and Trust Company 401(k) PlanNorthern Bank and Trust Comp…$28MB & D Retirement and Savings PlanB & D Retirement and Savings…$28MAtx Networks 401(k) Plan$28MNortech Systems 401(k) Profit Sharing PlanNortech Systems 401(k) Profi…$28M
End-of-year total assets ($M) among Northern Bank and Trust Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$28M
Net Income$5M
Employer EIN042265819
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northern Bank & Trust Company)

Sponsor-wide plan assets over time

All Northern Bank & Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$28M 42.45990467527832% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.6M $27.9M ▲ +42.4%
Year Plans Participants Total Assets
2022 1 212 $20M
2023 1 224 $23M
2024 1 247 $28M

Nearby 401(k) Plans in Massachusetts

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

Northern Bank and Trust Company 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Northern Bank and Trust Company 401(k) Plan, Total assets ($B): 0.027872457 · Participants: 247Northern Bank and Trust Company 401(k) PlanFidelity 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
Northern Bank and Trust Company 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Northern Bank and Trust Company 401(k) Plan side-by-side with 3 peers →

Northern Bank and Trust Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is B & D Retirement and Savings Plan in GA ($28M); by covered participants it is Propex 401(k) Savings Plan in TN (247 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (247 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 Northern Bank and Trust Company 401(k) Plan assets move in 2024? ▼
Northern Bank and Trust Company 401(k) Plan grew sharply - up 22.1% during 2024, from $23M to $28M. Reported net income was $5M.
How have Northern Bank & Trust Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northern Bank & Trust Company's sponsor-wide assets grew 42.5%, from $20M to $28M.
Where does Northern Bank and Trust Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Northern Bank and Trust Company 401(k) Plan ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Northern Bank and Trust Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is B & D Retirement and Savings Plan in GA ($28M, 267 participants).
Which 401(k) plans cover a similar participant headcount to Northern Bank and Trust Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Propex 401(k) Savings Plan in TN (247 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042265819.

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.