401(k) · DOL Form 5500 · 2024

First National Bank North 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
121
Participants Small participant base
67th
Percentile by assets National rank
$143,608
Avg per participant Near avg balance/head
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Official DOL plan name: First National Bank North 401(k) Profit Sharing Plan and Trust · Sponsored by First National Bank North · Minnesota · Finance & Insurance

$17M in assets, 121 participants

First National Bank North's First National Bank North 401(k) Profit Sharing Plan and Trust reported $17M in total assets and 121 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #4,440 in Finance & Insurance (8,549 peers)

Coverage in Minnesota

First National Bank North 401(k) Profit Sharing Plan and Trust covers 121 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $17M.

#4,440
in Finance & Insurance (8,549 peers)
+12.9%
assets growth YoY

First National Bank North 401(k) Profit Sharing Plan and Trust's outsized position by total assets

First National Bank North 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$17,376,570 Top 33% higher than 67% 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

First National Bank North 401(k) Profit Sharing Plan and Trust 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. First National Bank North 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (121 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First National Bank North 401(k) Profit Sharing Plan and Trust reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • First National Bank North 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • First National Bank North 401(k) Profit Sharing Plan and Trust reported participants rose from 111 in the plan year 2023 filing to 121 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410597395 · First National Bank North PY 2024 · 401(k)

First National Bank North 401(k) Profit Sharing Plan and Trust · $17M · 121 · 67th

  • RANK $17M
  • RANK 121
  • RANK 67th
  • RANK 401(k)
  • RANK near Attentive Mobile 401(k) Plan
  • RANK ind #4440

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 →

First National Bank North 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

First National Bank North 401(k) Profit Sharing Plan and TrustFirst National Bank North 40…$17MAttentive Mobile 401(k) Plan$17MMm Js Auto Holdings, LLC 401(k) PlanMm Js Auto Holdings, LLC 401…$17MCa Carlin 401(k) Plan$17MWyandot, Inc. 401(k) Profit Sharing PlanWyandot, Inc. 401(k) Profit …$17M
End-of-year total assets ($M) among First National Bank North 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN410597395
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank North)

Sponsor-wide plan assets over time

All First National Bank North plans reported in each filing year

Latest sponsor-wide plan assets
$17M 21.516557451508785% vs 2022
2024 filing year
$13M$14M$15M$16M$17M$18M 202220232024 $14.3M $17.4M ▲ +21.5%
Year Plans Participants Total Assets
2022 1 112 $14M
2023 1 111 $15M
2024 1 121 $17M

Nearby 401(k) Plans in Minnesota

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

First National Bank North 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants First National Bank North 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.01737657 · Participants: 121First National Bank North 401(k) Profit Sharing Plan and TrustWells 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
First National Bank North 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

First National Bank North 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Attentive Mobile 401(k) Plan in NY ($17M); by covered participants it is Mwg Holdings Group, Inc. 401(k) Plan in CA (121 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (121 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 First National Bank North 401(k) Profit Sharing Plan and Trust assets move in 2024?
First National Bank North 401(k) Profit Sharing Plan and Trust grew at a solid clip - up 12.9% during 2024, from $15M to $17M. Reported net income was $2M.
How have First National Bank North plan assets changed over time?
Across 3 plan years on file (2022-2024), First National Bank North's sponsor-wide assets grew 21.5%, from $14M to $17M.
Which 401(k) plans are similar in size to First National Bank North 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Attentive Mobile 401(k) Plan in NY ($17M, 576 participants).
Which 401(k) plans cover a similar participant headcount to First National Bank North 401(k) Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Mwg Holdings Group, Inc. 401(k) Plan in CA (121 participants, $104K in assets).