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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1+ years Service code 13 · EIN 27-2037969 | Contract Administrator | $6,959 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $5,340 | $42,548-87.5% | $74,551-92.8% | $56,289-90.5% |
| Participation rate | 62.2% | 60.5%+1.8pp | 69.1%-6.9pp | 69.9%-7.6pp |
| Annual return | 0.00% | 12.40%-12.4pp | 32.53%-32.5pp | -9.96%+10.0pp |
| Employer contribution / active EE | $1,579 | $855+84.6% | $1,961-19.5% | $2,111-25.2% |
| Participant deferral / active EE | $2,639 | $2,277+15.9% | $3,108-15.1% | $3,350-21.2% |
| Admin fee / account holder | $81 | $467-82.7% | $5,059-98.4% | $521-84.4% |