Plan Snapshot
- Plan Sponsor: Northwestern Mutual Life Ins.Co.
- Sponsor EIN: 390509570
- Sponsor Address: 720 E WISCONSIN AVENUE, MILWAUKEE, WI, 53202
- Plan Type: Health & Welfare
- Plan Number: 516
- Total Participants: 2,317
- Total Assets: $59.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,317 | $59.2M | $1.2M | $2.5M |
| 2023 | 2,347 | $69.8M | $2.9M | $2.9M |
| 2022 | 2,340 | $75.7M | $11.4M | $3.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| UMR, INC. | Other Service Provider | $212,763 | — | $212,763 |
| NM INVESTMENT MGMT CO | Other Service Provider | $94,960 | — | $94,960 |
| HEALTH STRATEGIES GROUP | Other Service Provider | $75,000 | — | $75,000 |
| BENEFITFOCUS | Other Service Provider | $41,577 | — | $41,577 |
| CVS CAREMARK | Other Service Provider | $37,982 | — | $37,982 |
| DELTA DENTAL OF WISCONSIN | Recordkeeper | $15,063 | — | $15,063 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $477,345
- Estimated Expense Ratio: 0.806% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $554,366 | $94,960 | $459,406 | — | — |
| 2023 | $761,595 | $106,918 | $654,677 | — | — |
| 2022 | $864,499 | $120,666 | $743,833 | — | — |