Profit Sharing · DOL Form 5500 · 2024

North Shore Residential Development Inc. Profit Sharing Plan

Data updated 2026-07-24

$7M
Total assets
20
Participants
49th
Percentile by assets
$362,544
Avg per participant
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Official DOL plan name: North Shore Residential Development, Inc Retirement Plan · Sponsored by North Shore Residential Development Inc. · Massachusetts · Construction

$7M in assets, 20 participants

North Shore Residential Development Inc.'s North Shore Residential Development, Inc Retirement Plan reported $7M in total assets and 20 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • 49th percentile by assets (of 116,472 plans)

North Shore Residential Development Inc. multi-year trail

North Shore Residential Development Inc.'s plans moved +38.7% in assets from 2022 to 2024; this filing shows North Shore Residential Development, Inc Retirement Plan at $7M / 20 participants.

$7M
total plan assets (2024 EOY)
20
covered participants
49th
percentile by assets (of 116,472 plans)
$362,544
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • North Shore Residential Development, Inc Retirement Plan reported participants rose from 16 in the plan year 2023 filing to 20 in the plan year 2024 filing.
  • North Shore Residential Development, Inc Retirement Plan reported net income fell from $1M in the plan year 2023 filing to $901K in the plan year 2024 filing.
  • North Shore Residential Development, Inc Retirement Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

North Shore Residential Development Inc. across 3 plan years on file

Across the 3 plan years North Shore Residential Development Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $5M to $7M, a gain of 38.7%, while reported participants moved from 16 to 20 (+25.0%). Peak year by sponsor assets: 2024 ($7M); trough: 2022 ($5M).

North Shore Residential Development Inc. multi-year asset trail

$5M$6M$7M$8M 202220232024 $5.23M $7.25M ▲ +38.6%
Total plan assets by year, all North Shore Residential Development Inc. plans on file
Year Plans Participants Total Assets
2022 1 16 $5M
2023 1 16 $6M
2024 1 20 $7M

North Shore Residential Development Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$901K
Employer EIN461987302
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

North Shore Residential Development, Inc Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

North Shore Residential Development, Inc Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.5 Total assets ($B) Participants North Shore Resident…Demoulas (Restated) …Dana-Farber Cancer I…The Boston Consultin…Sheet Metal Workers …Medical Information …
North Shore Residential Development, Inc Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to North Shore Residential Development, Inc Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did North Shore Residential Development, Inc Retirement Plan assets move in 2024?
North Shore Residential Development, Inc Retirement Plan grew at a solid clip - up 14.2% during 2024, from $6M to $7M. Reported net income was $901K.
How have North Shore Residential Development Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), North Shore Residential Development Inc.'s sponsor-wide assets grew 38.7%, from $5M to $7M.
Which Profit Sharing plans are similar in size to North Shore Residential Development, Inc Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Ocmbc Inc. 401(k) Plan in CA ($7M, N/A participants).

Next read for North Shore Residential Development, Inc…

Multi-year trail

Ways to act on North Shore Residential Development, Inc Retirement Plan's numbers.

  • By total assets, North Shore Residential Development, Inc Retirement Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
  • North Shore Residential Development Inc.'s sponsor-wide assets have grown 38.7% since 2022 across 3 plan years on file. More Construction plans

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 461987302.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.