Filed March 2, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $18,667 |
Filed as: NORTHWESTERN MUTUAL INVESTMENT Service code 10 · EIN 39-2018056 | Accounting | $9,000 |
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 | $211,203 | $91,439+131.0% | $135,974+55.3% | $71,511+195.3% |
| Participation rate | 100.0% | 75.7%+24.3pp | 81.9%+18.1pp | 67.9%+32.1pp |
| Annual return | 20.07% | 29.90%-9.8pp | 68.30%-48.2pp | 28.86%-8.8pp |
| Employer contribution / active EE | $10,167 | $3,705+174.4% | $4,859+109.3% | $2,589+292.7% |
| Participant deferral / active EE | $16,298 | $7,093+129.8% | $7,760+110.0% | $4,291+279.9% |
| Admin fee / account holder | $89 | $1,267-93.0% | $10,767-99.2% | $1,588-94.4% |