401(k) · DOL Form 5500 · 2024

Northern Improvement Company 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
290
Participants Below avg headcount
82nd
Percentile by assets National rank
$144,585
Avg per participant Above avg balance/head
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Official DOL plan name: Mccormick Incorporated 401(k) Plan · Sponsored by Northern Improvement Company · North Dakota · Construction

$42M in assets, 290 participants

Northern Improvement Company's Mccormick Incorporated 401(k) Plan reported $42M in total assets and 290 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,265 in Construction (9,039 peers)

Where Mccormick Incorporated 401(k) Plan sits by assets

Mccormick Incorporated 401(k) Plan sits in the top quartile of all filed plans by assets, $42M for 290 participants (~$144,585/participant), up 14.0% in 2024.

#7,265
in Construction (9,039 peers)
+14.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Mccormick Incorporated 401(k) Plan's outsized position by total assets

Mccormick Incorporated 401(k) Plan vs every filed plan by assets

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

$41,929,521 Top 18% higher than 82% 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

Mccormick Incorporated 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. Mccormick Incorporated 401(k) Plan sits mid-pack in the medium band (290 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mccormick Incorporated 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Mccormick Incorporated 401(k) Plan end-of-year assets rose from $37M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • Mccormick Incorporated 401(k) Plan reported participants fell from 309 in the plan year 2023 filing to 290 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 450262344 · Northern Improvement Company PY 2024 · 401(k)

Mccormick Incorporated 401(k) Plan · $42M · 290 · 82nd

  • ASSETS $42M
  • ASSETS 290
  • ASSETS 82nd
  • ASSETS 401(k)
  • ASSETS near Atradius Trade Credit Insurance 401(k) and Retirement Plan
  • ASSETS ind #7265

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 Construction retirement plans → · Plans in North Dakota →

Mccormick Incorporated 401(k) Plan in the asset neighbourhood

Catalyst 401(k) Pep$42MMccormick Incorporated 401(k) PlanMccormick Incorporated 401(k…$42MAtradius Trade Credit Insurance 401(k) and Retirement PlanAtradius Trade Credit Insura…$42MGraubard Miller Salary Savings PlanGraubard Miller Salary Savin…$42MJel Sert Company Incentive Savings PlanJel Sert Company Incentive S…$42M
End-of-year total assets ($M) among Mccormick Incorporated 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$42M
Net Income$5M
Employer EIN450262344
Plan Effective Date1959-02-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Northern Improvement Company)

Sponsor-wide plan assets over time

All Northern Improvement Company plans reported in each filing year

Latest sponsor-wide plan assets
$42M 27.370184817373435% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $32.9M $41.9M ▲ +27.4%
Year Plans Participants Total Assets
2022 1 274 $33M
2023 1 309 $37M
2024 1 290 $42M

Nearby 401(k) Plans in North Dakota

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

Mccormick Incorporated 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Mccormick Incorporated 401(k) Plan, Total assets ($B): 0.041929521 · Participants: 290Mccormick Incorporated 401(k) 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
Mccormick Incorporated 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Mccormick Incorporated 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Atradius Trade Credit Insurance 401(k) and Retirement Plan in MD ($42M); by covered participants it is Bcinsourcing, LLC 401(k) Plan in KS (290 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($42M here).

Similar participant headcount

Nearest other-state filings by covered participants (290 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 Mccormick Incorporated 401(k) Plan assets move in 2024?
Mccormick Incorporated 401(k) Plan grew at a solid clip - up 14.0% during 2024, from $37M to $42M. Reported net income was $5M.
How have Northern Improvement Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Northern Improvement Company's sponsor-wide assets grew 27.4%, from $33M to $42M.
Where does Mccormick Incorporated 401(k) Plan rank by assets among Form 5500 filers?
Mccormick Incorporated 401(k) Plan ranks in the 82nd 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 Mccormick Incorporated 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Atradius Trade Credit Insurance 401(k) and Retirement Plan in MD ($42M, 121 participants).
Which 401(k) plans cover a similar participant headcount to Mccormick Incorporated 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bcinsourcing, LLC 401(k) Plan in KS (290 participants, $16M in assets).