401(k) · DOL Form 5500 · 2024

National Checking Company 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
208
Participants Below avg headcount
74th
Percentile by assets National rank
$119,400
Avg per participant Near avg balance/head
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Official DOL plan name: The National Checking Company Employee Retirement Plan · Sponsored by National Checking Company · Minnesota · Manufacturing

$25M in assets, 208 participants

National Checking Company's The National Checking Company Employee Retirement Plan reported $25M in total assets and 208 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,485 in Manufacturing (17,777 peers)

Coverage in Minnesota

The National Checking Company Employee Retirement Plan covers 208 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $25M.

#11,485
in Manufacturing (17,777 peers)
-13.1%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The National Checking Company Employee Retirement Plan's outsized position by total assets

The National Checking Company Employee Retirement Plan vs every filed plan by assets

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

$24,835,266 Top 26% higher than 74% 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

The National Checking Company Employee Retirement 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. The National Checking Company Employee Retirement Plan sits mid-pack in the medium band (208 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The National Checking Company Employee Retirement Plan reported net income fell from $5M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • The National Checking Company Employee Retirement Plan reported participants rose from 181 in the plan year 2023 filing to 208 in the plan year 2024 filing.
  • The National Checking Company Employee Retirement Plan end-of-year assets fell from $29M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410433050 · National Checking Company PY 2024 · 401(k)

The National Checking Company Employee Retirement Plan · $25M · 208 · 74th

  • RANK $25M
  • RANK 208
  • RANK 74th
  • RANK 401(k)
  • RANK near Amico Holding Company 401(k) Plan
  • RANK ind #11485

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 Manufacturing retirement plans → · Plans in Minnesota →

The National Checking Company Employee Retirement Plan in the asset neighbourhood

The National Checking Company Employee Retirement PlanThe National Checking Compan…$25MAmico Holding Company 401(k) PlanAmico Holding Company 401(k)…$25MHaynie & Co. 401(k) Plan$25MThe Equity Technology Group 401(k) PlanThe Equity Technology Group …$25MLoftware, Inc. 401(k) Profit Sharing PlanLoftware, Inc. 401(k) Profit…$25M
End-of-year total assets ($M) among The National Checking Company Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$25M
Net Income-$4M
Employer EIN410433050
Plan Effective Date1964-06-15
Filing StatusFILING RECEIVED

Sponsor Plan History (National Checking Company)

Sponsor-wide plan assets over time

All National Checking Company plans reported in each filing year

Latest sponsor-wide plan assets
$25M 4.503965364386297% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23.8M $24.8M ▲ +4.5%
Year Plans Participants Total Assets
2022 1 159 $24M
2023 1 181 $29M
2024 1 208 $25M

Nearby 401(k) Plans in Minnesota

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

The National Checking Company Employee Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants The National Checking Company Employee Retirement Plan, Total assets ($B): 0.024835266 · Participants: 208The National Checking Company Employee Retirement PlanWells 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
The National Checking Company Employee Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare The National Checking Company Employee Retirement Plan side-by-side with 3 peers →

The National Checking Company Employee Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Amico Holding Company 401(k) Plan in AL ($25M); by covered participants it is Valley Stream Payroll Corp. 401(k) Plan in NY (208 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (208 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 The National Checking Company Employee Retirement Plan assets move in 2024? ▼
The National Checking Company Employee Retirement Plan pulled back noticeably - down 13.1% during 2024, from $29M to $25M. Reported net income was -$4M.
How have National Checking Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Checking Company's sponsor-wide assets grew 4.5%, from $24M to $25M.
Which 401(k) plans are similar in size to The National Checking Company Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Amico Holding Company 401(k) Plan in AL ($25M, 267 participants).
Which 401(k) plans cover a similar participant headcount to The National Checking Company Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Valley Stream Payroll Corp. 401(k) Plan in NY (208 participants, $24M 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 410433050.

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.