Civic Intelligence

Northern Tool & Equipment Co.

Plan context: Northern Tool & Equipment Company Inc. 401(K) Plan

EIN 41-1405311 • Burnsville, MN • 112 filings • 12 plans

2800 Southcross Dr WBurnsville, MN 55337-0219
Current Snapshot

Latest Year

2024

2024 Participants

2,630

2024 Assets

$104,026,208

2024 Contributions

$10,873,256

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$113,826,542$56,913,271$0200020122024YearValue
$104,026,208Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

3,2771,6390199920122024YearValue
2,630Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202422,630$104,026,208$10,873,256$4,134iApproximate average salary by contribution assumption: employee only about $103,358 at 4% or $68,905 at 6%; with 50% employer match about $68,905 at 4% or $45,937 at 6%; with 100% employer match about $51,679 at 4% or $34,453 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,630$104,026,208$10,873,256$4,134iApproximate average salary by contribution assumption: employee only about $103,358 at 4% or $68,905 at 6%; with 50% employer match about $68,905 at 4% or $45,937 at 6%; with 100% employer match about $51,679 at 4% or $34,453 at 6%.
Northern Tool & Equipment Company Inc. Group Benefits Plan-2,086---
202322,671$94,276,147$11,837,193$4,432iApproximate average salary by contribution assumption: employee only about $110,794 at 4% or $73,862 at 6%; with 50% employer match about $73,862 at 4% or $49,242 at 6%; with 100% employer match about $55,397 at 4% or $36,931 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,671$94,276,147$11,837,193$4,432iApproximate average salary by contribution assumption: employee only about $110,794 at 4% or $73,862 at 6%; with 50% employer match about $73,862 at 4% or $49,242 at 6%; with 100% employer match about $55,397 at 4% or $36,931 at 6%.
Northern Tool & Equipment Company Inc. Group Benefits Plan-2,233---
202223,219$85,618,818$1,960,638$609iApproximate average salary by contribution assumption: employee only about $15,227 at 4% or $10,151 at 6%; with 50% employer match about $10,151 at 4% or $6,768 at 6%; with 100% employer match about $7,614 at 4% or $5,076 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-3,219$85,618,818$1,960,638$609iApproximate average salary by contribution assumption: employee only about $15,227 at 4% or $10,151 at 6%; with 50% employer match about $10,151 at 4% or $6,768 at 6%; with 100% employer match about $7,614 at 4% or $5,076 at 6%.
Northern Tool & Equipment Company Inc. Group Benefits Plan-2,506---
202122,643$113,826,542$12,305,014$4,656iApproximate average salary by contribution assumption: employee only about $116,392 at 4% or $77,595 at 6%; with 50% employer match about $77,595 at 4% or $51,730 at 6%; with 100% employer match about $58,196 at 4% or $38,797 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,542$113,826,542$12,305,014$4,841iApproximate average salary by contribution assumption: employee only about $121,017 at 4% or $80,678 at 6%; with 50% employer match about $80,678 at 4% or $53,785 at 6%; with 100% employer match about $60,509 at 4% or $40,339 at 6%.
Northern Tool & Equipment Company Inc. Group Benefits Plan-2,643---
202022,660$112,345,199$10,553,954$3,968iApproximate average salary by contribution assumption: employee only about $99,191 at 4% or $66,128 at 6%; with 50% employer match about $66,128 at 4% or $44,085 at 6%; with 100% employer match about $49,596 at 4% or $33,064 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,660$112,345,199$10,553,954$3,968iApproximate average salary by contribution assumption: employee only about $99,191 at 4% or $66,128 at 6%; with 50% employer match about $66,128 at 4% or $44,085 at 6%; with 100% employer match about $49,596 at 4% or $33,064 at 6%.
Northern Tool & Equipment Company Inc. Group Benefits Plan-2,572---
201922,668$99,473,903$10,222,230$3,831iApproximate average salary by contribution assumption: employee only about $95,786 at 4% or $63,857 at 6%; with 50% employer match about $63,857 at 4% or $42,571 at 6%; with 100% employer match about $47,893 at 4% or $31,929 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,668$99,473,903$10,222,230$3,831iApproximate average salary by contribution assumption: employee only about $95,786 at 4% or $63,857 at 6%; with 50% employer match about $63,857 at 4% or $42,571 at 6%; with 100% employer match about $47,893 at 4% or $31,929 at 6%.
Northern Tool & Equipment Company Inc. Group Benefits Plan-2,563---
201822,700$80,806,660$9,245,976$3,424iApproximate average salary by contribution assumption: employee only about $85,611 at 4% or $57,074 at 6%; with 50% employer match about $57,074 at 4% or $38,049 at 6%; with 100% employer match about $42,805 at 4% or $28,537 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,700$80,806,660$9,245,976$3,424iApproximate average salary by contribution assumption: employee only about $85,611 at 4% or $57,074 at 6%; with 50% employer match about $57,074 at 4% or $38,049 at 6%; with 100% employer match about $42,805 at 4% or $28,537 at 6%.
Northern Tool & Equipment Company Inc. Group Benefits Plan-2,662---
201762,677$82,278,840$8,171,621$3,053iApproximate average salary by contribution assumption: employee only about $76,313 at 4% or $50,875 at 6%; with 50% employer match about $50,875 at 4% or $33,917 at 6%; with 100% employer match about $38,157 at 4% or $25,438 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,677$82,278,840$8,171,621$3,053iApproximate average salary by contribution assumption: employee only about $76,313 at 4% or $50,875 at 6%; with 50% employer match about $50,875 at 4% or $33,917 at 6%; with 100% employer match about $38,157 at 4% or $25,438 at 6%.
Life Plan-0---
Northern Tool & Equipment Co. Dental Plan-0---
Northern Tool & Equipment Co. Inc.-0---
Northern Tool & Equipment Co. Voluntary Benefits Plan-0---
Northern Tool & Equipment Flexible Benefit Plan-0---
201662,778$68,700,529$7,931,389$2,855iApproximate average salary by contribution assumption: employee only about $71,377 at 4% or $47,585 at 6%; with 50% employer match about $47,585 at 4% or $31,723 at 6%; with 100% employer match about $35,688 at 4% or $23,792 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,778$68,700,529$7,931,389$2,855iApproximate average salary by contribution assumption: employee only about $71,377 at 4% or $47,585 at 6%; with 50% employer match about $47,585 at 4% or $31,723 at 6%; with 100% employer match about $35,688 at 4% or $23,792 at 6%.
Life Plan-2,619---
Northern Tool & Equipment Co. Dental Plan-1,769---
Northern Tool & Equipment Co. Inc.-1,990---
Northern Tool & Equipment Co. Voluntary Benefits Plan-260---
Northern Tool & Equipment Flexible Benefit Plan-412---
201563,238$63,063,784$7,102,840$2,194iApproximate average salary by contribution assumption: employee only about $54,840 at 4% or $36,560 at 6%; with 50% employer match about $36,560 at 4% or $24,373 at 6%; with 100% employer match about $27,420 at 4% or $18,280 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,799$63,063,784$7,102,840$2,538iApproximate average salary by contribution assumption: employee only about $63,441 at 4% or $42,294 at 6%; with 50% employer match about $42,294 at 4% or $28,196 at 6%; with 100% employer match about $31,720 at 4% or $21,147 at 6%.
Northern Tool & Equipment Co. Inc.-1,869---
Life Plan-3,238---
Northern Tool & Equipment Co. Dental Plan-1,782---
Northern Tool & Equipment Flexible Benefit Plan-325---
Northern Tool & Equipment Co. Voluntary Benefits Plan-284---
201463,277$63,228,562$6,849,639$2,090iApproximate average salary by contribution assumption: employee only about $52,255 at 4% or $34,837 at 6%; with 50% employer match about $34,837 at 4% or $23,225 at 6%; with 100% employer match about $26,128 at 4% or $17,418 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,794$63,228,562$6,849,639$2,452iApproximate average salary by contribution assumption: employee only about $61,289 at 4% or $40,859 at 6%; with 50% employer match about $40,859 at 4% or $27,239 at 6%; with 100% employer match about $30,644 at 4% or $20,430 at 6%.
Northern Tool & Equipment Co. Inc.-1,458---
Northern Tool & Equipment Co. Dental Plan-1,338---
Northern Tool & Equipment Flexible Benefit Plan-266---
Northern Tool & Equipment Co. Voluntary Benefits Plan-316---
Life Plan-3,277---
201362,882$58,783,174$4,529,124$1,572iApproximate average salary by contribution assumption: employee only about $39,288 at 4% or $26,192 at 6%; with 50% employer match about $26,192 at 4% or $17,461 at 6%; with 100% employer match about $19,644 at 4% or $13,096 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,882$58,783,174$4,529,124$1,572iApproximate average salary by contribution assumption: employee only about $39,288 at 4% or $26,192 at 6%; with 50% employer match about $26,192 at 4% or $17,461 at 6%; with 100% employer match about $19,644 at 4% or $13,096 at 6%.
Northern Tool & Equipment Co. Inc.-1,673---
Life Plan-1,998---
Northern Tool & Equipment Co. Dental Plan-1,312---
Northern Tool & Equipment Flexible Benefit Plan-292---
Northern Tool & Equipment Co. Voluntary Benefits Plan-372---
201261,878$34,465,952$3,681,278$1,960iApproximate average salary by contribution assumption: employee only about $49,005 at 4% or $32,670 at 6%; with 50% employer match about $32,670 at 4% or $21,780 at 6%; with 100% employer match about $24,503 at 4% or $16,335 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-1,849$34,465,952$3,681,278$1,991iApproximate average salary by contribution assumption: employee only about $49,774 at 4% or $33,183 at 6%; with 50% employer match about $33,183 at 4% or $22,122 at 6%; with 100% employer match about $24,887 at 4% or $16,591 at 6%.
Northern Tool & Equipment Co. Inc.-1,350---
Life Plan-1,878---
Northern Tool & Equipment Co. Dental Plan-1,285---
Northern Tool & Equipment Flexible Benefit Plan-226---
Northern Tool & Equipment Co. Voluntary Benefits Plan-468---
201151,682$30,220,039$3,145,152$1,870iApproximate average salary by contribution assumption: employee only about $46,747 at 4% or $31,165 at 6%; with 50% employer match about $31,165 at 4% or $20,777 at 6%; with 100% employer match about $23,374 at 4% or $15,582 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-1,682$30,220,039$3,145,152$1,870iApproximate average salary by contribution assumption: employee only about $46,747 at 4% or $31,165 at 6%; with 50% employer match about $31,165 at 4% or $20,777 at 6%; with 100% employer match about $23,374 at 4% or $15,582 at 6%.
Life Plan-1,534---
Northern Tool & Equipment Flexible Benefit Plan-232---
Northern Tool & Equipment Co. Inc.-1,270---
Northern Tool & Equipment Co. Dental Plan-1,232---
201051,569$29,548,474$2,389,426$1,523iApproximate average salary by contribution assumption: employee only about $38,072 at 4% or $25,382 at 6%; with 50% employer match about $25,382 at 4% or $16,921 at 6%; with 100% employer match about $19,036 at 4% or $12,691 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-1,569$29,548,474$2,389,426$1,523iApproximate average salary by contribution assumption: employee only about $38,072 at 4% or $25,382 at 6%; with 50% employer match about $25,382 at 4% or $16,921 at 6%; with 100% employer match about $19,036 at 4% or $12,691 at 6%.
Northern Tool & Equipment Co. Inc.-1,299---
Northern Tool & Equipment Co. Dental Plan-1,405---
Life Plan-1,424---
Northern Tool & Equipment Flexible Benefit Plan-206---
200952,602$26,686,808$1,953,047$751iApproximate average salary by contribution assumption: employee only about $18,765 at 4% or $12,510 at 6%; with 50% employer match about $12,510 at 4% or $8,340 at 6%; with 100% employer match about $9,382 at 4% or $6,255 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,602$26,686,808$1,953,047$751iApproximate average salary by contribution assumption: employee only about $18,765 at 4% or $12,510 at 6%; with 50% employer match about $12,510 at 4% or $8,340 at 6%; with 100% employer match about $9,382 at 4% or $6,255 at 6%.
Life Plan-1,429---
Northern Tool & Equipment Co. Inc.-1,273---
Northern Tool & Equipment Co. Dental Plan-1,384---
Northern Tool & Equipment Flexible Benefit Plan-200---
200842,424$22,050,991$2,997,909$1,237iApproximate average salary by contribution assumption: employee only about $30,919 at 4% or $20,613 at 6%; with 50% employer match about $20,613 at 4% or $13,742 at 6%; with 100% employer match about $15,460 at 4% or $10,306 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,424$22,050,991$2,997,909$1,237iApproximate average salary by contribution assumption: employee only about $30,919 at 4% or $20,613 at 6%; with 50% employer match about $20,613 at 4% or $13,742 at 6%; with 100% employer match about $15,460 at 4% or $10,306 at 6%.
Life Plan-1,945---
Northern Tool & Equipment Flexible Benefit Plan-203---
Northern Tool & Equipment Co. Dental Plan-1,448---
200752,205$30,413,613$3,024,035$1,371iApproximate average salary by contribution assumption: employee only about $34,286 at 4% or $22,857 at 6%; with 50% employer match about $22,857 at 4% or $15,238 at 6%; with 100% employer match about $17,143 at 4% or $11,429 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,205$30,413,613$3,024,035$1,371iApproximate average salary by contribution assumption: employee only about $34,286 at 4% or $22,857 at 6%; with 50% employer match about $22,857 at 4% or $15,238 at 6%; with 100% employer match about $17,143 at 4% or $11,429 at 6%.
Northern Tool & Equipment Co. Inc.-1,309---
Northern Tool & Equipment Co. Dental Plan-1,380---
Life Plan-1,872---
Northern Tool & Equipment Flexible Benefit Plan-194---
200652,055$28,060,290$3,104,513$1,511iApproximate average salary by contribution assumption: employee only about $37,768 at 4% or $25,179 at 6%; with 50% employer match about $25,179 at 4% or $16,786 at 6%; with 100% employer match about $18,884 at 4% or $12,589 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,055$28,060,290$3,104,513$1,511iApproximate average salary by contribution assumption: employee only about $37,768 at 4% or $25,179 at 6%; with 50% employer match about $25,179 at 4% or $16,786 at 6%; with 100% employer match about $18,884 at 4% or $12,589 at 6%.
Life Plan-1,846---
Northern Tool & Equipment Co. Inc.-1,550---
Northern Tool & Equipment Flexible Benefit Plan-171---
Northern Tool & Equipment Co. Dental Plan-1,494---
200551,678$23,465,415$3,051,587$1,819iApproximate average salary by contribution assumption: employee only about $45,465 at 4% or $30,310 at 6%; with 50% employer match about $30,310 at 4% or $20,207 at 6%; with 100% employer match about $22,732 at 4% or $15,155 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-1,678$23,465,415$3,051,587$1,819iApproximate average salary by contribution assumption: employee only about $45,465 at 4% or $30,310 at 6%; with 50% employer match about $30,310 at 4% or $20,207 at 6%; with 100% employer match about $22,732 at 4% or $15,155 at 6%.
Northern Tool & Equipment Co. Inc.-1,526---
Life Plan-1,266---
Northern Tool & Equipment Co. Dental Plan-1,453---
Northern Tool & Equipment Flexible Benefit Plan-178---
200451,532$20,009,580$2,899,273$1,892iApproximate average salary by contribution assumption: employee only about $47,312 at 4% or $31,541 at 6%; with 50% employer match about $31,541 at 4% or $21,028 at 6%; with 100% employer match about $23,656 at 4% or $15,771 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-1,532$20,009,580$2,899,273$1,892iApproximate average salary by contribution assumption: employee only about $47,312 at 4% or $31,541 at 6%; with 50% employer match about $31,541 at 4% or $21,028 at 6%; with 100% employer match about $23,656 at 4% or $15,771 at 6%.
Northern Tool & Equipment Flexible Benefit Plan-154---
Northern Tool & Equipment Co. Dental Plan-1,126---
Life Plan-1,402---
Northern Tool & Equipment Co. Inc.-1,229---
200351,956$16,244,646$1,946,449$995iApproximate average salary by contribution assumption: employee only about $24,878 at 4% or $16,585 at 6%; with 50% employer match about $16,585 at 4% or $11,057 at 6%; with 100% employer match about $12,439 at 4% or $8,293 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-1,956$16,244,646$1,946,449$995iApproximate average salary by contribution assumption: employee only about $24,878 at 4% or $16,585 at 6%; with 50% employer match about $16,585 at 4% or $11,057 at 6%; with 100% employer match about $12,439 at 4% or $8,293 at 6%.
Northern Tool & Equipment Co. Dental Plan-1,043---
Northern Tool & Equipment Flexible Benefit Plan-155---
Life Plan-1,372---
Northern Tool & Equipment Co. Inc.-1,127---
200251,750$13,027,505$2,440,581$1,395iApproximate average salary by contribution assumption: employee only about $34,865 at 4% or $23,244 at 6%; with 50% employer match about $23,244 at 4% or $15,496 at 6%; with 100% employer match about $17,433 at 4% or $11,622 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-1,750$13,027,505$2,440,581$1,395iApproximate average salary by contribution assumption: employee only about $34,865 at 4% or $23,244 at 6%; with 50% employer match about $23,244 at 4% or $15,496 at 6%; with 100% employer match about $17,433 at 4% or $11,622 at 6%.
Northern Tool & Equipment Co. Inc.-142---
Life Plan-1,388---
Northern Tool & Equipment Co. Dental Plan-1,041---
Northern Tool & Equipment Flexible Benefit Plan-142---
200141,815$13,928,835$2,276,166$1,254iApproximate average salary by contribution assumption: employee only about $31,352 at 4% or $20,901 at 6%; with 50% employer match about $20,901 at 4% or $13,934 at 6%; with 100% employer match about $15,676 at 4% or $10,451 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-1,815$13,928,835$2,276,166$1,254iApproximate average salary by contribution assumption: employee only about $31,352 at 4% or $20,901 at 6%; with 50% employer match about $20,901 at 4% or $13,934 at 6%; with 100% employer match about $15,676 at 4% or $10,451 at 6%.
Northern Tool & Equipment Co. Inc.-124---
Northern Tool & Equipment Co. Dental Plan-892---
Life Plan-1,427---
200062,717$14,315,420$1,038,339$382iApproximate average salary by contribution assumption: employee only about $9,554 at 4% or $6,369 at 6%; with 50% employer match about $6,369 at 4% or $4,246 at 6%; with 100% employer match about $4,777 at 4% or $3,185 at 6%.
Northern Tool & Equipment Company Inc. 401(K) Plan-2,717$14,315,420$1,038,339$382iApproximate average salary by contribution assumption: employee only about $9,554 at 4% or $6,369 at 6%; with 50% employer match about $6,369 at 4% or $4,246 at 6%; with 100% employer match about $4,777 at 4% or $3,185 at 6%.
Life Plan-1,512---
Northern Tool & Equipment Co. Dental Plan-694---
Northern Tool & Equipment Co. Inc.-989---
Northern Tool & Equipment Co. Inc.-188---
Life Plan-1,512---
199932,763$0$0-
Northern Tool & Equipment Co. Inc.-1,176---
Northern Tool & Equipment Co. Dental Plan-874---
Life Plan-2,763---