Plan Snapshot
- Plan Sponsor: Northland Dealers Investment Group, INC.
- Sponsor EIN: 411978633
- Sponsor Address: P.O. BOX 161830, DULUTH, MN, 558161830
- Plan Type: 401(k)
- Total Participants: 701
- Total Assets: $25.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 701 | $25.9M | $182,783 | $2.3M |
| 2023 | 721 | $23.6M | $195,158 | $2.2M |
| 2022 | 692 | $19.6M | $159,687 | $2.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $97,873 | — | $97,873 |
| WELLS FARGO CLEARING SERVICES LLC | OTHER SERVICES | — | $15,787 | $15,787 |
| WOODWARD & ASSOCIATES,IN | ACCOUNTANT | $11,274 | — | $11,274 |
| ADVANCED CAPITAL GROUP | INVESTMENT ADVISORY | $9,215 | — | $9,215 |
| WELLS FARGO ADVISORS INS AGENCY LLC | OTHER SERVICES | — | $8,282 | $8,282 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WOODWARD & ASSOCIATES,IN — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $142,431
- Estimated Expense Ratio: 0.550% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $119,462 | $12,315 | $97,873 | $9,274 | — |
| 2023 | $144,284 | $58,987 | $83,297 | $2,000 | — |
| 2022 | $137,496 | $48,394 | $89,102 | — | — |