Plan Snapshot
- Plan Sponsor: Northwestern Mutual Life Ins.Co.
- Sponsor EIN: 390509570
- Sponsor Address: 720 E WISCONSIN AVENUE, MILWAUKEE, WI, 53202
- Plan Type: 401(k)
- Plan Number: 526
- Total Participants: 8,297
- Total Assets: $11.9M
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 | 8,297 | $11.9M | $77.1M | $31.1M |
| 2023 | 8,403 | $11.7M | $76.0M | $28.8M |
| 2022 | 8,431 | $10.3M | $63.6M | $26.2M |
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 | Other Service Provider | $2,208,981 | — | $2,208,981 |
| BENEFITFOCUS INC | Other Service Provider | $304,900 | — | $304,900 |
| CVS CAREMARK | Other Service Provider | $267,425 | — | $267,425 |
| TELEDOC | Other Service Provider | $230,037 | — | $230,037 |
| DELTA DENTAL OF WISCONSIN | Recordkeeper | $126,859 | — | $126,859 |
| EMPATHIA | Other Service Provider | $95,429 | — | $95,429 |
| WAGEWORKS | Other Service Provider | $80,746 | — | $80,746 |
| HEALTH STRATEGIES GROUP | Other Service Provider | $75,000 | — | $75,000 |
| BENEFIT CONCEPTS COBRA ADMIN | Other Service Provider | $44,216 | — | $44,216 |
| NM INVESTMENT MGMT CO | Other Service Provider | $15,965 | — | $15,965 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,449,558
- Estimated Expense Ratio: 29.060% 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 | $4,807,375 | $15,965 | $4,791,410 | — | — |
| 2023 | $5,878,247 | $14,899 | $5,863,348 | — | — |
| 2022 | $6,162,949 | $14,812 | $6,148,137 | — | — |