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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $55,187 |
Filed as: NORTHWESTERN MUTUAL WEALTH MGMT Service code 27 · EIN 39-2018056 | Advisory (Plan) | $22,452 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,302 | $80,781-48.9% | $102,437-59.7% | $74,478-44.5% |
| Participation rate | 89.0% | 65.7%+23.4pp | 74.5%+14.5pp | 67.2%+21.8pp |
| Annual return | 19.57% | 27.58%-8.0pp | 24.95%-5.4pp | 1370.56%-1351.0pp |
| Employer contribution / active EE | $2,925 | $3,160-7.4% | $3,871-24.4% | $2,626+11.4% |
| Participant deferral / active EE | $5,986 | $3,862+55.0% | $5,060+18.3% | $4,350+37.6% |
| Admin fee / account holder | $328 | $2,372-86.2% | $8,388-96.1% | $1,946-83.1% |