401(k) · DOL Form 5500 · 2024

Nodak Insurance Company 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
218
Participants Below avg headcount
84th
Percentile by assets National rank
$223,052
Avg per participant Above avg balance/head
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Official DOL plan name: Nodak Insurance Company 401(k) Profit Sharing Plan · Sponsored by Nodak Insurance Company · North Dakota · Finance & Insurance

$49M in assets, 218 participants

Nodak Insurance Company's Nodak Insurance Company 401(k) Profit Sharing Plan reported $49M in total assets and 218 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,408 in Finance & Insurance (8,549 peers)

Coverage in North Dakota

Nodak Insurance Company 401(k) Profit Sharing Plan covers 218 participants in North Dakota, about 43% of the average North Dakota filer (state average ~504 per filing). Assets: $49M.

#6,408
in Finance & Insurance (8,549 peers)
-5.6%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nodak Insurance Company 401(k) Profit Sharing Plan's outsized position by total assets

Nodak Insurance Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$48,625,442 Top 16% higher than 84% 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

Nodak Insurance Company 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. Nodak Insurance Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (218 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nodak Insurance Company 401(k) Profit Sharing Plan reported net income fell from $8M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Nodak Insurance Company 401(k) Profit Sharing Plan end-of-year assets fell from $52M in the plan year 2023 filing to $49M in the plan year 2024 filing.
  • Nodak Insurance Company 401(k) Profit Sharing Plan reported participants rose from 208 in the plan year 2023 filing to 218 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 450216631 · Nodak Insurance Company PY 2024 · 401(k)

Nodak Insurance Company 401(k) Profit Sharing Plan · $49M · 218 · 84th

  • VS-ST $49M
  • BOY 218
  • SCH 84th
  • EBSA 401(k)
  • PART near Xr Trading LLC 401(k) Plan
  • TYPE ind #6408

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 North Dakota →

Nodak Insurance Company 401(k) Profit Sharing Plan in the asset neighbourhood

Nodak Insurance Company 401(k) Profit Sharing PlanNodak Insurance Company 401(…$49MIndiana Hemophilia & Thrombosis Center Inc. 401(k) Profit Sharing PlanIndiana Hemophilia & Thrombo…$49MXr Trading LLC 401(k) Plan$49MBerwind Corporation 401(k) Savings PlanBerwind Corporation 401(k) S…$49MPayette Associates Inc. 401(k) PlanPayette Associates Inc. 401(…$49M
End-of-year total assets ($M) among Nodak Insurance Company 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)$52M
Net Assets (End of Year)$49M
Net Income-$3M
Employer EIN450216631
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nodak Insurance Company)

Sponsor-wide plan assets over time

All Nodak Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$49M 11.610649953231833% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $43.6M $48.6M ▲ +11.6%
Year Plans Participants Total Assets
2022 1 187 $44M
2023 1 208 $52M
2024 1 218 $49M

Nearby 401(k) Plans in North Dakota

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

Nodak Insurance Company 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 ($B) Participants Nodak Insurance Company 401(k) Profit Sharing Plan, Total assets ($B): 0.048625442 · Participants: 218Nodak Insurance Company 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
Nodak Insurance Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Nodak Insurance Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Nodak Insurance Company 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 Xr Trading LLC 401(k) Plan in IL ($49M); by covered participants it is Crisis Text Line 403(b) Tax Sheltered Annuity in NY (218 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (218 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 Nodak Insurance Company 401(k) Profit Sharing Plan assets move in 2024? ▼
Nodak Insurance Company 401(k) Profit Sharing Plan pulled back noticeably - down 5.6% during 2024, from $52M to $49M. Reported net income was -$3M.
How have Nodak Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nodak Insurance Company's sponsor-wide assets grew 11.6%, from $44M to $49M.
Where does Nodak Insurance Company 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Nodak Insurance Company 401(k) Profit Sharing Plan ranks in the 84th 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 Nodak Insurance Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Xr Trading LLC 401(k) Plan in IL ($49M, 116 participants).
Which 401(k) plans cover a similar participant headcount to Nodak Insurance Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Crisis Text Line 403(b) Tax Sheltered Annuity in NY (218 participants, $9M 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 450216631.

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.