Filed January 22, 2012
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: NORTHWESTERN MUTUAL Service code 26 · EIN 39-2018056 | Advisory (Participants) | $25,539 |
Filed as: JOHN HANCOCK LIFE INS CO Service code 15 · EIN 01-0233346 | Recordkeeping | $4,822 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,403 | $55,415-48.7% | $155,509-81.7% | $74,495-61.9% |
| Participation rate | 63.4% | 61.9%+1.5pp | 78.2%-14.8pp | 67.2%-3.8pp |
| Annual return | 16.75% | 268.50%-251.7pp | 64.67%-47.9pp | 1364.94%-1348.2pp |
| Employer contribution / active EE | $40 | $2,267-98.2% | $4,672-99.1% | $2,623-98.5% |
| Participant deferral / active EE | $3,167 | $2,836+11.7% | $5,626-43.7% | $4,346-27.1% |
| Admin fee / account holder | $271 | $1,738-84.4% | $15,912-98.3% | $1,942-86.0% |