Filed March 2, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: NORTHWESTERN MUTUAL INVESTMENT Service code 55 · EIN 39-2018056 | Other Commissions | $34,639 |
Service code 37 · EIN 04-2647786 | Loan Processing | $375 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $154,363 | $80,753+91.2% | $136,298+13.3% | $62,293+147.8% |
| Participation rate | 100.0% | 73.5%+26.5pp | 81.9%+18.1pp | 69.5%+30.5pp |
| Annual return | 20.53% | 35.83%-15.3pp | 5156.27%-5135.7pp | 28.90%-8.4pp |
| Employer contribution / active EE | $9,117 | $2,884+216.2% | $4,696+94.2% | $2,042+346.4% |
| Participant deferral / active EE | $13,823 | $5,164+167.7% | $6,247+121.3% | $3,169+336.2% |
| Admin fee / account holder | $2 | $525-99.7% | $9,244-100.0% | $479-99.6% |