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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $41,523 |
Filed as: NORTHWESTERN MUTUAL WEALTH MGMT CO Service code 27 · EIN 39-2018056 | Advisory (Plan) | $25,013 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $94,034 | $83,369+12.8% | $105,223-10.6% | $67,986+38.3% |
| Participation rate | 52.1% | 56.3%-4.2pp | 75.0%-23.0pp | 57.2%-5.1pp |
| Annual return | 15.12% | 24.64%-9.5pp | 180.65%-165.5pp | 31.67%-16.5pp |
| Employer contribution / active EE | $2,497 | $2,541-1.7% | $3,689-32.3% | $2,019+23.7% |
| Participant deferral / active EE | $4,696 | $3,295+42.5% | $5,072-7.4% | $3,358+39.8% |
| Admin fee / account holder | $528 | $4,073-87.0% | $8,859-94.0% | $3,203-83.5% |