Defined Benefit (Pension) · DOL Form 5500 · 2024
North Star Mutual Insurance Company Pension Plan
Data updated 2026-08-25
- $65M
- Total assets Below avg plan size
- 265
- Participants Below avg headcount
- 87th
- Percentile by assets National rank
- $244,113
- Avg per participant Above avg balance/head
Official DOL plan name: Pension Plan for Employees of North Star Mutual Insurance Company · Sponsored by North Star Mutual Insurance Company · Minnesota · Finance & Insurance
$65M in assets, 265 participants
North Star Mutual Insurance Company's Pension Plan for Employees of North Star Mutual Insurance Company reported $65M in total assets and 265 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.
- #6,818 in Finance & Insurance (8,549 peers)
Coverage in Minnesota
Pension Plan for Employees of North Star Mutual Insurance Company covers 265 participants in Minnesota, about 24% of the average Minnesota filer (state average ~1,126 per filing). Assets: $65M.
- #6,818
- in Finance & Insurance (8,549 peers)
- +5.6%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Pension Plan for Employees of North Star Mutual Insurance Company's outsized position by total assets
Pension Plan for Employees of North Star Mutual Insurance Company vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$64,689,925 Top 13% higher than 87% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Pension Plan for Employees of North Star Mutual Insurance Company 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. Pension Plan for Employees of North Star Mutual Insurance Company sits mid-pack in the medium band (265 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pension Plan for Employees of North Star Mutual Insurance Company reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Pension Plan for Employees of North Star Mutual Insurance Company end-of-year assets rose from $61M in the plan year 2023 filing to $65M in the plan year 2024 filing.
- Pension Plan for Employees of North Star Mutual Insurance Company reported participants rose from 253 in the plan year 2023 filing to 265 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 410446480 · North Star Mutual Insurance Company PY 2024 · Defined Benefit (Pension)
Pension Plan for Employees of North Star Mutual Insurance Company · $65M · 265 · 87th
- PHOTO $65M
- PHOTO 265
- PHOTO 87th
- PHOTO Defined Benefit (Pension)
- PHOTO near The Retirement Plan for Employees of Bath Savings Institution
- PHOTO ind #6818
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 →
Pension Plan for Employees of North Star Mutual Insurance Company in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $61M |
|---|---|
| Net Assets (End of Year) | $65M |
| Net Income | $3M |
| Employer EIN | 410446480 |
| Plan Effective Date | 1954-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (North Star Mutual Insurance Company)
Sponsor-wide plan assets over time
All North Star Mutual Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $110M 22.15212869903063% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 513 | $90M |
| 2023 | 2 | 535 | $102M |
| 2024 | 2 | 549 | $110M |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Mayo Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
Pension Plan for Employees of North Star Mutual Insurance Company's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Minnesota, the nearest Defined Benefit (Pension) by assets is The Retirement Plan for Employees of Bath Savings Institution in ME ($65M); by covered participants it is Sba Cash Balance Pension Plan for Citizens & Farmers Bank in VA (265 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($65M here).
- The Retirement Plan for Employees of Bath Savings Institution (ME) $65M · 164
- Twin City Foods, Inc. Hourly Employees Defined Benefit Pension Plan (WA) $65M · 139
- Int'l Assoc. of S.M.a.R.T. Workers Local Union 268 Pension Trust & Plan Agreement (IL) $65M · 361
- Retail Clerks Specialty Stores Pension Fund (CA) $65M · 6
Similar participant headcount
Nearest other-state filings by covered participants (265 participants); asset peers above are excluded.
- Sba Cash Balance Pension Plan for Citizens & Farmers Bank (VA) 265 · 0 off
- United Union of Roofers, Waterproofers and Allied Workers, Local No. 44 Pension Plan (OH) 265 · 0 off
- Uswa Drummond Company Pension Agreement (AL) 265 · 0 off
- First Citizens Bank & Trust Company, Inc. Pension Plan (NC) 266 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.