Department of Labor filing

NORTH BAY DISTRIBUTION, INC.

NORTH BAY DISTRIBUTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN · For the plan year ended May 31, 2025

Public filing 2024 · received Mar 13, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

98filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$10,552

Reported employer contributions per active participant.

Higher than about 98% of comparable plans

#People in the filing

169

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$4 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 99% of comparable plans

↗Investment performance

Not available

Plan assets changed -35.3%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202498out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions98th percentileTypical peer $1,411 · based on 96 comparable plans

Lower reported administrative expense99th percentileTypical peer $135 · based on 100 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended May 31, 2025, NORTH BAY DISTRIBUTION, INC. reported $1,783,315 in employer contributions across the plan and 169 active participants. That works out to $10,552 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy68%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 27.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 1291.3%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context98/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,783,315
Participant contributions: Not reported
Other contributions: Not reported
Employer share of reported contributions: Not reported
Beginning assets: $9,133,739
Ending assets: $5,907,378
Ending net assets: -$4,102,877
Ending liabilities: $10,010,255
Total income: -$1,350,933
Total expenses: $329,264
Administrative expenses: $1,201
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$8,303

2023

$10,615

2024

$10,552

Plan-paid administrative expenses per participant

2022

2023

2024

Active participants

2022

219

2023

168

2024

169

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$10,552	169	5.9M	20260313160616NAL0008025184001
2023	$10,615	168	9.1M	20250304115240NAL0011845840001
2022	$8,303	219	8.2M	20240222141938NAL0005066080001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 943180655-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jun 1, 2020
Industry: Industry group 493
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2O2J2K2H

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20260313160616NAL0008025184001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗