NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST

Plan Contact

  • Address: 8600 NORTH HIGH STREET,COLUMBUS,OH
  • Contact person: ROBERT STOLL
  • Phone: (614) 436-2001

Plan General Information

NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST is $9,492,604.00.This plan was established in 1994.

NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST is 106

NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST is $89,552.00

NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST is $2,428.00.

NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST is approximately $1,149.00
Investing in this additonal $1,149.00 for 20 years would give you extra $73,573.00, assuming a 10% annual return.

NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST Total Employer Contribution and Match Rate

In 2023, NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST allocates $121,856.00 to match its employees' contributions, providing an employer match rate of 39.51% of their contributions

NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST is 17.35%.

NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST is 14.91%. This measures the effectiveness of the plan participants' investments in the year.

NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST Expense Ratio

In 2023, the investment and administrative expense ratio of NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST is 0.01%.

Enrollment Features

NORTHERN ENTERPRISES, INC. 401(K) SAVINGS PLAN & TRUST 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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