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| Provider | Service type | Compensation |
|---|---|---|
Filed as: SG WEALTH MANAGEMENT GROUP Service code 26 100 FRONT ST · WORCESTER, MA 01608 | Advisory (Participants) | $24,066 |
NEWPORT GROUP, INC.3 years Service code 15 · EIN 27-2037969 | Recordkeeping | $12,537 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,946 | $65,041+35.2% | $90,965-3.3% | $79,858+10.1% |
| Participation rate | 71.6% | 61.6%+10.0pp | 69.0%+2.6pp | 69.6%+2.0pp |
| Annual return | 3.65% | 30.45%-26.8pp | 134.57%-130.9pp | 31.72%-28.1pp |
| Employer contribution / active EE | $1,103 | $1,247-11.6% | $2,122-48.0% | $2,471-55.4% |
| Participant deferral / active EE | $4,578 | $2,512+82.2% | $3,373+35.7% | $3,740+22.4% |
| Admin fee / account holder | $466 | $4,536-89.7% | $5,960-92.2% | $5,306-91.2% |