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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GENWORTH FINANCIAL Service code 26 200 N. MARTINGALE ROAD · SCHAUMBURG, IL 60173 | Advisory (Participants) | $29,036 |
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $13,624 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $75,913 | $50,947+49.0% | $74,549+1.8% | $64,173+18.3% |
| Participation rate | 69.4% | 61.1%+8.4pp | 69.1%+0.3pp | 69.6%-0.2pp |
| Annual return | -7.31% | -1.85%-5.5pp | 32.53%-39.8pp | 7.63%-14.9pp |
| Employer contribution / active EE | $996 | $1,115-10.7% | $1,961-49.2% | $2,381-58.2% |
| Participant deferral / active EE | $3,964 | $2,302+72.2% | $3,108+27.5% | $3,470+14.2% |
| Admin fee / account holder | $509 | $4,221-87.9% | $5,059-89.9% | $4,887-89.6% |