Overview

Plan Rating

BrightScope Rating
77
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 (70)
Highest in Peer Group (90)

Plan Description

Northwestern Memorial Employee 401k Pre-Tax Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Total Plan Cost. Northwestern Memorial Employee 401k Pre-Tax Savings Plan currently has over 34,900 active participants and over $1.9B in plan assets.

Did you know?

For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (77) and the top rated plan (90) could equate to:
9
Additional years of work
110,279
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 541 North Fairbanks Court Suite 1700
  • Location
    Chicago , IL
  • 60611
  • Industry
    Health Care and Social Assistance
  • Administrator
    Bernadette Szczepanski
  • Net Plan Assets
    $1,890,000,000
  • Total Participants
    35,000
  • Avg Account Balance
    $56,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Above Average
Account Balance:
Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

29

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 67%
N/A
Fidelity 500 Index 7%
N/A
Fidelity Growth Company 6%
7%
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
Fidelity
Investment Adviser
Pavilion Advisory Group, Inc.
Consultant
Pavilion Advisory Group, Inc.
Legal Counsel
McDermott Will & Emery
Auditor
Ernst & Young

Articles and Questions

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Why Do Investment Expenses Matter?
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