# Northern Tool & Equipment Company, INC. 401(k) Plan
Source: https://planprovider.pro/companies/northern-tool-equipment-company-inc-401k-plan

> Northern Tool & Equipment Company, INC.'s 401(k) plan: 2,630 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Northern Tool & Equipment Company, INC.

- **Sponsor EIN:** 411405311

- **Sponsor Address:** 2800 SOUTHCROSS DRIVE, BURNSVILLE, MN, 55306

- **Plan Type:** 401(k)

- **Total Participants:** 2,630

- **Total Assets:** $104.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|2,630|$104.0M|$2.4M|$7.8M|

| 2023|2,671|$94.3M|$2.4M|$8.5M|

| 2022|3,219|$85.6M|$386,718|$1.2M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| CLIFTONLARSONALLEN LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$168,593|$10,403|—|—|—|

| 2023|$143,920|$3,753|—|—|—|

| 2022|$4,539|—|$4,539|—|—|

## Similar Plans

- [Running Supply, INC.](https://planprovider.pro/companies/running-supply-inc-401k-plan) — 1,951 participants

- [Rockler Companies, INC.](https://planprovider.pro/companies/rockler-companies-inc-401k-plan) — 666 participants

- [Twin City Hardware Company](https://planprovider.pro/companies/twin-city-hardware-company-401k-plan) — 255 participants

- [Mimbach Fleet Supply, INC.](https://planprovider.pro/companies/mimbach-fleet-supply-inc-401k-plan) — 32 participants

- [Soller-Krajicek, INC.](https://planprovider.pro/companies/soller-krajicek-inc-plan) — 19 participants

- [Mound Family Hardware](https://planprovider.pro/companies/mound-family-hardware-plan) — 9 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/northern-tool-equipment-company-inc-401k-plan)

© 2026 PlanProvider.Pro