Northland Investments, Inc. Profit Sharing 401(K) Plan — Form 5500 plan (Northland Investments, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Northland Investments, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Northland Investments, Inc. under EIN 38-3175904 and plan number 001. The latest loaded filing year is 2023. The filing reports 673 participants and $6,178,637 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.1MPlan net assets, end of year$6,116,682
Participants673Covered participants reported
Assets / participant$9.2KComputed: assets ÷ participants$9,181 (computed)
Provider compensation$27.6K1 Schedule C provider row(s)$27,573
- Plan sponsor
- Northland Investments, Inc.
- EIN
- 38-3175904
- Plan number
- 001
- Plan type
- 2
- Location
- Houghton Lake, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 673 | H, C | 20240730140008NAL0034403744001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$6.2M total assets
Net assets$6.1MLiabilities$62K
Full reported line items
Net assets
- Total assets (EOY)
- $6,178,637
- Total liabilities (EOY)
- $61,955
- Net assets (EOY)
- $6,116,682
- Net assets (BOY)
- $5,041,185
Income & contributions
- Employer contributions
- $58,939
- Participant contributions
- $368,548
- Total contributions
- $427,487
- Total income / additions
- $1,323,155
Expenses & distributions
- Benefits paid
- $212,621
- Administrative expenses
- $35,037
- Total expenses
- $247,658
- Net increase / (decrease)
- $1,075,497
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
14%86%
Employer 14%Participant 86%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income16%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Huntington Bank | CUSTODIAN/RECORDKEEPER | $27,573 | $0 | 2023 |