115 employees reported this benefit
The 401k plan at Northern is a solid benefit that assists in retirement saving and is easy to set up.
3% company match on 401k plan, option to invest in company specific stocks, roth or regular 401k options available. Good variety and helpful explanation of the options.
The company really incentivizes people to put money away towards their 401k- they match the amount up to a certain percentage.
Luckily there is a 401k match, but the max they will match is 3%. That is not on par with industry averages for financial service companies.
Lowly match on 401k benefit.
The worst thing about the 401k is the match is only up to 3%.
50% match up to 6% of salsary
3% match which is about industry standard for the Chicago banks. Not much else to say
OK match, OK investment options. Wish choice of categories matched the characteristics that their own client advice offers. No cash, HY bond option.
Provider is Fidelity. They offer a traditional 401K as well as a Roth 401K, which are both excellent options. Great investment options and company matching.