401(k) · DOL Form 5500 · 2024

North Shore Bank of Commerce 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
114
Participants Small participant base
72nd
Percentile by assets National rank
$192,395
Avg per participant Above avg balance/head
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Official DOL plan name: North Shore Bank 401(k) Plan · Sponsored by North Shore Bank of Commerce · Minnesota · Finance & Insurance

$22M in assets, 114 participants

North Shore Bank of Commerce's North Shore Bank 401(k) Plan reported $22M in total assets and 114 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #4,920 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

North Shore Bank 401(k) Plan covers 114 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $22M.

#4,920
in Finance & Insurance (8,549 peers)
+11.2%
assets growth YoY

North Shore Bank 401(k) Plan's outsized position by total assets

North Shore Bank 401(k) Plan vs every filed plan by assets

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

$21,933,083 Top 28% higher than 72% 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

North Shore Bank 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. North Shore Bank 401(k) Plan sits mid-pack in the medium band (114 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • North Shore Bank 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • North Shore Bank 401(k) Plan end-of-year assets rose from $20M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • North Shore Bank 401(k) Plan reported participants fell from 121 in the plan year 2023 filing to 114 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410138390 · North Shore Bank of Commerce PY 2024 · 401(k)

North Shore Bank 401(k) Plan · $22M · 114 · 72nd

  • PART $22M
  • TYPE 114
  • NET 72nd
  • BOOK 401(k)
  • VS-ST near Reliable Contracting Company, Inc. Profit Sharing Plan & Trust
  • BOY ind #4920

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 Minnesota →

North Shore Bank 401(k) Plan in the asset neighbourhood

Erving Industries, Inc. 401(k) PlanErving Industries, Inc. 401(…$22MNorth Shore Bank 401(k) Plan$22MReliable Contracting Company, Inc. Profit Sharing Plan & TrustReliable Contracting Company…$22MStash Financial, Inc. 401(k) PlanStash Financial, Inc. 401(k)…$22MPrinceton Nassau Pediatrics 401(k) Profit Sharing PlanPrinceton Nassau Pediatrics …$22M
End-of-year total assets ($M) among North Shore Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$22M
Net Income$2M
Employer EIN410138390
Plan Effective Date1990-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Shore Bank of Commerce)

Sponsor-wide plan assets over time

All North Shore Bank of Commerce plans reported in each filing year

Latest sponsor-wide plan assets
$22M 29.335799233010302% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17M $21.9M ▲ +29.3%
Year Plans Participants Total Assets
2022 1 110 $17M
2023 1 121 $20M
2024 1 114 $22M

Nearby 401(k) Plans in Minnesota

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

North Shore Bank 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants North Shore Bank 401(k) Plan, Total assets ($B): 0.021933083 · Participants: 114North Shore Bank 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
North Shore Bank 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare North Shore Bank 401(k) Plan side-by-side with 3 peers →

North Shore Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Reliable Contracting Company, Inc. Profit Sharing Plan & Trust in MD ($22M); by covered participants it is Falls Community Hospital 401(k) Plan in TX (114 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (114 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 North Shore Bank 401(k) Plan assets move in 2024? ▼
North Shore Bank 401(k) Plan grew at a solid clip - up 11.2% during 2024, from $20M to $22M. Reported net income was $2M.
How have North Shore Bank of Commerce plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), North Shore Bank of Commerce's sponsor-wide assets grew 29.3%, from $17M to $22M.
Which 401(k) plans are similar in size to North Shore Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Reliable Contracting Company, Inc. Profit Sharing Plan & Trust in MD ($22M, 412 participants).
Which 401(k) plans cover a similar participant headcount to North Shore Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Falls Community Hospital 401(k) Plan in TX (114 participants, $3M 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 410138390.

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.