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| Provider | Service type | Compensation |
|---|---|---|
Filed as: NORTHWESTERN MUTUAL Service code 16 720 EAST WISCONSIN AVE · MILWAUKEE, WI 53202 | Consulting | $50,540 |
T ROWE PRICE RPS INC10+ years Service code 15 1307 POINT STREET · BALTIMORE, MD 21231 | Recordkeeping | $38,709 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,415 | $241,850-80.8% | $102,437-54.7% | $200,096-76.8% |
| Participation rate | 52.2% | 78.3%-26.1pp | 74.5%-22.3pp | 72.0%-19.8pp |
| Annual return | 13.62% | 17.67%-4.0pp | 24.95%-11.3pp | 34.26%-20.6pp |
| Employer contribution / active EE | $542 | $4,253-87.3% | $3,871-86.0% | $3,038-82.2% |
| Participant deferral / active EE | $3,012 | $3,961-24.0% | $5,060-40.5% | $5,090-40.8% |
| Admin fee / account holder | $102 | $288-64.7% | $8,388-98.8% | $269-62.3% |