Employers › Northwestern
Recordkeeping fees per participant · Northwestern Energy 401(k) Retirement Savings Plan · plan year 2024
$121.52
Higher than 96% of the 1,697 plans $250M to 1B that report it.
= $247,049 / 2,033
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250813162503NAL0025898450001, received 2025-08-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250813162503NAL0025898450001, received 2025-08-13
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-13.
Administrative expenses excluding investment management, per participant
$129.58
Higher than 87% of the 2,324 plans $250M to 1B that report it.
= $263,434 / 2,033
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250813162503NAL0025898450001, received 2025-08-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250813162503NAL0025898450001, received 2025-08-13
Administrative expenses per participant
$142.61
Higher than 79% of the 2,405 plans $250M to 1B that report it.
= $289,934 / 2,033
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250813162503NAL0025898450001, received 2025-08-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250813162503NAL0025898450001, received 2025-08-13
Administrative expenses as a share of assets
0.057%
Higher than 38% of the 2,407 plans $250M to 1B that report it.
= $289,934 / $512,769,387
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250813162503NAL0025898450001, received 2025-08-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250813162503NAL0025898450001, received 2025-08-13
Employer contributions per participant
$6,945
Higher than 85% of the 2,457 plans $250M to 1B that report it.
= $14,119,618 / 2,033
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250813162503NAL0025898450001, received 2025-08-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250813162503NAL0025898450001, received 2025-08-13
Employer share of total contributions
41.8%
Higher than 79% of the 2,459 plans $250M to 1B that report it.
= $14,119,618 / $33,811,617
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250813162503NAL0025898450001, received 2025-08-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250813162503NAL0025898450001, received 2025-08-13
Plan terms are described in Northwestern Corporation's SEC filings: Form 10-K filed 2023-02-17. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250813162503NAL0025898450001, received 2025-08-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NORTHWESTERN CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Plan name | NORTHWESTERN ENERGY 401(K) RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Sponsor EIN / plan number | 46-0172280 / 103 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Sponsor location | BUTTE, MT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Industry (business code) | 221100, Utilities | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Filing received | 2025-08-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Participants, beginning of year | 2,009 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Active participants | 1,590 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Participants, end of year | 2,038 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Participants with an account balance | 2,033 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Total assets, beginning of year | $462,756,735 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Total assets, end of year | $512,769,387 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Net assets, end of year | $512,769,387 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Total income | $97,116,105 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Net income | $50,025,902 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Employer contributions | $14,119,618 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Participant contributions | $17,330,440 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Other contributions (incl. rollovers) | $2,361,559 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Total contributions | $33,811,617 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Benefit payments | $46,800,269 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Total expenses (incl. benefit payments) | $47,090,203 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Total administrative expenses | $289,934 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Recordkeeping fees | $247,049 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Investment advisory and management fees | $26,500 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Administrative expenses excluding investment management | $263,434 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Held in common/collective trusts | $268,636,558 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Held in mutual funds | $206,827,597 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250813162503NAL0025898450001, received 2025-08-13 |
| Independent auditor | EIDE BAILLY LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250813162503NAL0025898450001, received 2025-08-13 |
Position = column in the DOL layout for form year 2024. Filing 20250813162503NAL0025898450001, received 2025-08-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 64 Recordkeeping fees; 65 Account maintenance fees; 37 Participant loan processing | $122,121 | yes |
| STRATEGIC ADVISORS INC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $72,992 | no |
| MERCER INVESTMENTS LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $39,750 | no |
| FIDUCIENT ADVISORS LLC | OTHER SERVICES | 49 Other services | $16,385 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250813162503NAL0025898450001, received 2025-08-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $462,756,735 | $512,769,387 | 10.8% |
| Participants with a balance | 1,996 | 2,033 | 1.9% |
| Administrative expenses | $261,641 | $289,934 | 10.8% |
| Recordkeeping fees per participant | $104.53 | $121.52 | 16.3% |
| Employer contributions | $13,335,698 | $14,119,618 | 5.9% |
Prior filing 20240819134854NAL0000977443001, received 2024-08-19; the plan years are contiguous.
Sponsor name as filed: NORTHWESTERN CORPORATION; SEC registrant: NORTHWESTERN CORP (CIK 73088, matched by EIN).