Overview

Plan Rating

BrightScope Rating
56
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (36)
Average in Peer Group (64)
Highest in Peer Group (82)

Plan Description

Northland Dealers Investment Group, Inc. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. Northland Dealers Investment Group, Inc. 401k Retirement Plan currently has over 800 active participants and over $17.5M in plan assets.

Did you know?

For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (56) and the top rated plan (82) could equate to:
12
Additional years of work
134,949
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1701 West Michigan Street
  • Location
    Duluth , MN
  • 55806
  • Industry
    New Car Dealers
  • Administrator
    Terry Johnson
  • Net Plan Assets
    $17,500,000
  • Total Participants
    850
  • Avg Account Balance
    $26,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.

Design

Total Plan Cost:
High Fees
Company Generosity:
Poor

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Below Avg.
Account Balance:
Poor

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

30

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 39%
34%
WF/Blackrock S&P 500 Index 15%
N/A
Wells Fargo Stable Return Trust 7%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Wells Fargo
Consultant
Advanced Capital Group
Investment Adviser
Findley
Investment Adviser
Wells Fargo
Auditor
Woodward & Associates, Inc.

Articles and Questions

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