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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $7,944 |
Service code 13 · EIN 91-1463664 7350 CIRQUE DRIVE WEST SUITE 201 · UNIVERSITY PLACE, WA 98467 | Contract Administrator | $825 |
Filed as: NORTHWESTERN MUTUAL LIFE INSURANCE Service code 55 720 E WISCONSIN AVE · MILWAUKEE, WI 53202 | Other Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,227 | $51,466-41.3% | $78,778-61.6% | $62,293-51.5% |
| Participation rate | 57.8% | 59.8%-2.0pp | 69.2%-11.4pp | 69.5%-11.7pp |
| Annual return | 16.54% | 19.96%-3.4pp | 35.62%-19.1pp | 28.90%-12.4pp |
| Employer contribution / active EE | $566 | $827-31.6% | $1,986-71.5% | $2,042-72.3% |
| Participant deferral / active EE | $2,823 | $2,147+31.5% | $2,958-4.6% | $3,169-10.9% |
| Admin fee / account holder | $71 | $489-85.4% | $5,134-98.6% | $479-85.1% |