NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN
Plan Contact
- Address: 3133 W FRYE RD,CHANDLER,AZ
- Contact person: SHIRLEY HORNER
- Phone: (602) 501-5481
Plan General Information
NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN is $16,662,949.00.This plan was established in 2020.
NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN is 878
NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN is $18,978.00
NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN is $6,442.00.
NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN is approximately $1,926.00
Investing in this additonal $1,926.00 for 20 years would give you extra $123,317.00, assuming a 10% annual return.
Investing in this additonal $1,926.00 for 20 years would give you extra $123,317.00, assuming a 10% annual return.
NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN Total Employer Contribution and Match Rate
In 2023, NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN allocates $1,691,767.00 to match its employees' contributions, providing an employer match rate of 49.27% of their contributions
NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN is 36.16%.
NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN is 17.68%. This measures the effectiveness of the plan participants' investments in the year.
NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES PLAN is 0.15%.
Enrollment Features
NORTHSTAR ENERGY MANAGEMENT LLC DBA NOVASOURCE POWER SERVICES 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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