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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1+ years Filed as: NEWPORT RETIREMENT SERVICES INC. Service code 12 · EIN 62-1868111 | Direct payment from the plan; Claims ... | $27,126 |
MARCUM LLP1+ years Service code 10 · EIN 11-1986323 | Accounting | $12,500 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $125,841 | $56,894+121.2% | $84,753+48.5% | $62,881+100.1% |
| Participation rate | 87.4% | 68.5%+18.8pp | 76.6%+10.8pp | 69.3%+18.1pp |
| Annual return | -2.90% | 6.30%-9.2pp | 22.78%-25.7pp | 20.14%-23.0pp |
| Employer contribution / active EE | $2,683 | $2,400+11.8% | $3,574-25.0% | $2,281+17.6% |
| Participant deferral / active EE | $6,570 | $2,709+142.5% | $3,712+77.0% | $3,203+105.1% |
| Admin fee / account holder | $136 | $3,581-96.2% | $5,333-97.4% | $4,296-96.8% |