| Provider | Service type | Compensation |
|---|---|---|
PATHWAY FINANCIAL ADVISORS, LLC2+ years Service code 28 · EIN 20-0140604 110 MAIN STREET, #401 · BURLINGTON, VT 05401 | Investment Management | $63,056 |
NEWPORT GROUP, INC.2+ years Filed as: THE NEWPORT GROUP, INC. Service code 15 · EIN 62-1868111 13925 BALLANTYNE CORPORATE PLAZA · CHARLOTTE, NC 28277 | Recordkeeping | $43,388 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $56,904 | $56,640+0.5% | $80,977-29.7% | $57,661-1.3% |
| Participation rate | 79.9% | 75.9%+4.1pp | 75.8%+4.1pp | 70.2%+9.7pp |
| Annual return | 7.44% | 19.97%-12.5pp | 17.11%-9.7pp | 5.13%+2.3pp |
| Employer contribution / active EE | $0 | $2,085-100.0% | $3,715-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $2,421 | $4,944-51.0% | $5,696-57.5% | $3,061-20.9% |
| Admin fee / account holder | $414 | $87+375.5% | $5,517-92.5% | $95+338.1% |