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| Provider | Service type | Compensation |
|---|---|---|
Filed as: NORTHWESTERN MUTUAL WEALTH MANAGE Service code 16 · EIN 39-2018056 | Consulting | $59,493 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $46,257 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,556 | $44,898-38.6% | $85,187-67.7% | $199,960-86.2% |
| Participation rate | 56.9% | 45.7%+11.2pp | 67.5%-10.6pp | 72.0%-15.1pp |
| Annual return | 23.53% | 20.98%+2.5pp | 66.67%-43.1pp | 34.28%-10.8pp |
| Employer contribution / active EE | $1,683 | $1,367+23.1% | $2,732-38.4% | $3,036-44.6% |
| Participant deferral / active EE | $3,308 | $2,670+23.9% | $4,525-26.9% | $5,087-35.0% |
| Admin fee / account holder | $151 | $585-74.2% | $6,162-97.5% | $269-43.8% |