NORTHERN CLEARING 401(K) PLAN
Plan Contact
- Address: 28190 STATE HIGHWAY 137,ASHLAND,WI
- Contact person: JAMES MARTINSEN
- Phone: (715) 682-6646
Plan General Information
NORTHERN CLEARING 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of NORTHERN CLEARING 401(K) PLAN is $22,185,580.00.This plan was established in 1995.
NORTHERN CLEARING 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in NORTHERN CLEARING 401(K) PLAN is 341
NORTHERN CLEARING 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for NORTHERN CLEARING 401(K) PLAN is $65,060.00
NORTHERN CLEARING 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for NORTHERN CLEARING 401(K) PLAN is $5,138.00.
NORTHERN CLEARING 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in NORTHERN CLEARING 401(K) PLAN is approximately $3,229.00
Investing in this additonal $3,229.00 for 20 years would give you extra $206,699.00, assuming a 10% annual return.
Investing in this additonal $3,229.00 for 20 years would give you extra $206,699.00, assuming a 10% annual return.
NORTHERN CLEARING 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, NORTHERN CLEARING 401(K) PLAN allocates $1,101,323.00 to match its employees' contributions, providing an employer match rate of 88.03% of their contributions
NORTHERN CLEARING 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of NORTHERN CLEARING 401(K) PLAN is 31.26%.
NORTHERN CLEARING 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for NORTHERN CLEARING 401(K) PLAN is 17.12%. This measures the effectiveness of the plan participants' investments in the year.
NORTHERN CLEARING 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of NORTHERN CLEARING 401(K) PLAN is 0.00%.
Enrollment Features
NORTHERN CLEARING 401(K) PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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