NORLAND INTERNATIONAL, INC 401K PLAN

  • Address: 2001 S.W. 6TH STREET,LINCOLN,NE
  • Contact person: MICHAEL MCFARLAND
  • Phone: (402) 441-3737

NORLAND INTERNATIONAL, INC 401K PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.

At the end of 2022, the total retirement plan assets of NORLAND INTERNATIONAL, INC 401K PLAN is $3,891,519.00.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in NORLAND INTERNATIONAL, INC 401K PLAN is 163

In 2022, the average participant retirement account value for NORLAND INTERNATIONAL, INC 401K PLAN is $23,874.00

In 2022, the estimated average employee contribution amount per participant for NORLAND INTERNATIONAL, INC 401K PLAN is $2,291.00

In 2022, the estimated average employer match for an employee in NORLAND INTERNATIONAL, INC 401K PLAN is approximately $1,370.00

In 2022, NORLAND INTERNATIONAL, INC 401K PLAN allocates $223,372.00 to match its employees' contributions, providing an employer match rate of 62.70% of their contributions

In 2022, the total retirement plan asset growth rate of NORLAND INTERNATIONAL, INC 401K PLAN is -10.54%

In 2022, the estimated aggregate retirement account investment gain/loss for NORLAND INTERNATIONAL, INC 401K PLAN is -16.70%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of NORLAND INTERNATIONAL, INC 401K PLAN is 0.03%.

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