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| Provider | Service type | Compensation |
|---|---|---|
Filed as: NORTHWESTERN MUTUAL WEALTH MGMT CO Service code 27 611 E WISCONSIN AVE · MILWAUKEE, WI 53202 | Advisory (Plan) | $67,057 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $43,676 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $96,790 | $91,760+5.5% | $156,181-38.0% | $67,986+42.4% |
| Participation rate | 89.6% | 65.0%+24.6pp | 78.8%+10.8pp | 57.2%+32.4pp |
| Annual return | 17.62% | 18.14%-0.5pp | 64.87%-47.3pp | 31.67%-14.0pp |
| Employer contribution / active EE | $2,300 | $2,419-4.9% | $4,294-46.4% | $2,019+13.9% |
| Participant deferral / active EE | $7,283 | $3,960+83.9% | $6,132+18.8% | $3,358+116.9% |
| Admin fee / account holder | $418 | $3,949-89.4% | $14,586-97.1% | $3,203-87.0% |