Retirement plan

NORTHWEST MULTIPLE LISTING SERVICE 401(K) PROFIT SHARING PLAN

Name: NORTHWEST MULTIPLE LISTING SERVICE, INC. - NORTHWEST MULTIPLE LISTING SERVICE 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: NORTHWEST MULTIPLE LISTING SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHWEST MULTIPLE LISTING SERVICE 401(K) PROFIT SHARING PLAN, NORTHWEST MULTIPLE LISTING SERVICE, INC.

NORTHWEST MULTIPLE LISTING SERVICE, INC.EIN 91-1238882Plan #001PY 2024

11430 NE 120TH STREET - KIRKLAND, WA 98034425-820-9200nwmls.comLinkedIn51-200 employeesreal estate

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$16.2M

+23.7% from 2023

Total participants

124

-6.8% from 2023

Average account balance

$130,343

+32.7% from 2023

Annual return

15.36%

-2.13 pp from 2023

Benchmarks

See 49 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Cohort49 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$16.16M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$130K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

124

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.36%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$498

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
NORTHWESTERN MUTUAL INVESTMENT SERV2 years Filed as: NORTHWESTERN MUTUAL WEALTH MGMT CO Service code 27 · EIN 39-2018056	Advisory (Plan)	$34,826
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044	Recordkeeping	$23,706
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA TRUST COMPANY Service code 21 · EIN 42-0947998	Bank Trustee	$167
HUNNEX AND SHOEMAKER, INC.2 years Filed as: HUNNEX AND SHOEMAKER INC Service code 15 · EIN 91-1072394	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$62K

$624 / participant

Investment mgmt$62K100.0%

% of EOY assets

0.382%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SWEENEY CONRAD, P.S.
Auditor EIN: 911301672
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$130,343

$845,484-84.6%

$178,540-27.0%

Participation rate

100.0%

64.0%+36.0pp

77.1%+22.9pp

Annual return

15.36%

8.37%+7.0pp

27.15%-11.8pp

Employer contribution / active EE

$7,634

$2,463+209.9%

$3,953+93.1%

Participant deferral / active EE

$6,453

$5,196+24.2%

$6,281+2.7%

Admin fee / account holder

$498

$34,598-98.6%

$10,424-95.2%

Provider

Service type

Compensation

NORTHWESTERN MUTUAL INVESTMENT SERV2 years

Filed as: NORTHWESTERN MUTUAL WEALTH MGMT CO

Service code 27 · EIN 39-2018056

Advisory (Plan)

$34,826

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,

Service code 15 · EIN 13-3689044

Recordkeeping

$23,706

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA TRUST COMPANY

Service code 21 · EIN 42-0947998

Bank Trustee

$167

HUNNEX AND SHOEMAKER, INC.2 years

Filed as: HUNNEX AND SHOEMAKER INC

Service code 15 · EIN 91-1072394

Recordkeeping

NORTHWEST MULTIPLE LISTING SERVICE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHWEST MULTIPLE LISTING SERVICE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion