401(k) · DOL Form 5500 · 2024

True North Equipment Co. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
187
Participants Below avg headcount
71st
Percentile by assets National rank
$113,031
Avg per participant Below avg balance/head
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Official DOL plan name: True North Equipment Co. 401(k) Profit Sharing Plan · Sponsored by True North Equipment Co. · North Dakota · Retail Trade

$21M in assets, 187 participants

True North Equipment Co.'s True North Equipment Co. 401(k) Profit Sharing Plan reported $21M in total assets and 187 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #6,567 in Retail Trade (8,048 peers)

Coverage in North Dakota

True North Equipment Co. 401(k) Profit Sharing Plan covers 187 participants in North Dakota, about 37% of the average North Dakota filer (state average ~504 per filing). Assets: $21M.

#6,567
in Retail Trade (8,048 peers)
+12.1%
assets growth YoY

True North Equipment Co. 401(k) Profit Sharing Plan's outsized position by total assets

True North Equipment Co. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$21,136,885 Top 29% higher than 71% 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

True North Equipment Co. 401(k) Profit Sharing 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. True North Equipment Co. 401(k) Profit Sharing Plan sits mid-pack in the medium band (187 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • True North Equipment Co. 401(k) Profit Sharing Plan end-of-year assets rose from $19M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • True North Equipment Co. 401(k) Profit Sharing Plan reported participants rose from 180 in the plan year 2023 filing to 187 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 450330917 · True North Equipment Co. PY 2024 · 401(k)

True North Equipment Co. 401(k) Profit Sharing Plan · $21M · 187 · 71st

  • EBSA $21M
  • PART 187
  • TYPE 71st
  • NET 401(k)
  • BOOK near Michigan Millers Mutual Insurance Company Employee 401(k) Plan
  • VS-ST ind #6567

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 Retail Trade retirement plans → · Plans in North Dakota →

True North Equipment Co. 401(k) Profit Sharing Plan in the asset neighbourhood

True North Equipment Co. 401(k) Profit Sharing PlanTrue North Equipment Co. 401…$21MMichigan Millers Mutual Insurance Company Employee 401(k) PlanMichigan Millers Mutual Insu…$21MRhode Island Novelty 401(k) Profit Sharing Plan & TrustRhode Island Novelty 401(k) …$21MEmployees' 401(k) Plan of Tayco Engineering, Inc.Employees' 401(k) Plan of Ta…$21MSg Chevrolet 401(k) Savings PlanSg Chevrolet 401(k) Savings …$21M
End-of-year total assets ($M) among True North Equipment Co. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Dakota filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN450330917
Plan Effective Date1978-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (True North Equipment Co.)

Sponsor-wide plan assets over time

All True North Equipment Co. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 31.010317746221027% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $16.1M $21.1M ▲ +31.1%
Year Plans Participants Total Assets
2022 1 183 $16M
2023 1 180 $19M
2024 1 187 $21M

Nearby 401(k) Plans in North Dakota

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

True North Equipment Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants True North Equipment Co. 401(k) Profit Sharing Plan, Total assets ($B): 0.021136885 · Participants: 187True North Equipment Co. 401(k) Profit Sharing PlanSanford Retirement Savings Plan, Total assets ($B): 3.602462001 · Participants: 31958Sanford Retirement Savings PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.856387415 · Participants: 5327Knife River Corporation 401(k) Retirement PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.775551136 · Participants: 3465Mdu Resources Group, Inc. 401(k) Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.615317303 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.591992052 · Participants: 5199Offutt Companies 401(k) Savings Plan
True North Equipment Co. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare True North Equipment Co. 401(k) Profit Sharing Plan side-by-side with 3 peers →

True North Equipment Co. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Michigan Millers Mutual Insurance Company Employee 401(k) Plan in MI ($21M); by covered participants it is Media Iq Digital N.a. 401(k) Plan in NY (187 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (187 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 True North Equipment Co. 401(k) Profit Sharing Plan assets move in 2024? ▼
True North Equipment Co. 401(k) Profit Sharing Plan grew at a solid clip - up 12.1% during 2024, from $19M to $21M. Reported net income was $2M.
How have True North Equipment Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), True North Equipment Co.'s sponsor-wide assets grew 31.0%, from $16M to $21M.
Which 401(k) plans are similar in size to True North Equipment Co. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Michigan Millers Mutual Insurance Company Employee 401(k) Plan in MI ($21M, 173 participants).
Which 401(k) plans cover a similar participant headcount to True North Equipment Co. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Media Iq Digital N.a. 401(k) Plan in NY (187 participants, $10M 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 450330917.

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.