Filed March 2, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: NORTHWESTERN MUTUAL INVESTMENT Service code 10 · EIN 39-2018056 | Accounting | $54,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$43,382 |
Annual investment return 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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $183,136 | $84,493+116.7% | $125,381+46.1% | $66,938+173.6% |
| Participation rate | 100.0% | 76.4%+23.6pp | 82.4%+17.6pp | 69.8%+30.2pp |
| Annual return | -18.32% | -8.49%-9.8pp | 572.31%-590.6pp | 1.58%-19.9pp |
| Employer contribution / active EE | $10,487 | $3,554+195.1% | $4,815+117.8% | $2,545+312.0% |
| Participant deferral / active EE | $16,233 | $6,783+139.3% | $7,448+118.0% | $4,238+283.0% |
| Admin fee / account holder | $37 | $685-94.7% | $10,007-99.6% | $594-93.8% |