Plan Snapshot
- Plan Sponsor: Northwestern Mutual Life Ins.Co.
- Sponsor EIN: 390509570
- Sponsor Address: 720 E WISCONSIN AVENUE, MILWAUKEE, WI, 53202
- Plan Type: DB
- Total Participants: 8,247
- Total Assets: $3.3B
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 | 8,247 | $3.3B | $0 | $0 |
| 2023 | 8,254 | $3.3B | $0 | $0 |
| 2022 | 8,348 | $3.1B | $0 | $0 |
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 |
|---|---|---|---|---|
| NM INVESTMENT MGMT CO | SUB OF SPONSOR; INV MGR | $4,821,720 | — | $4,821,720 |
| BELLWETHER CONSULTING LLC | CONSULTANT | $119,283 | — | $119,283 |
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,941,003
- Estimated Expense Ratio: 0.152% 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 | $4,941,003 | $4,821,720 | — | — | — |
| 2023 | $4,780,023 | $4,684,198 | — | — | — |
| 2022 | $4,865,050 | $4,865,050 | — | — | — |