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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 12 · EIN 27-2037969 | Participant loan processing; Recordke... | $30,060 |
Service code 10 · EIN 23-0731260 | Accounting | $27,639 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Trustee (directed); Account maintenan... | $15,033 |
MARCUM LLP3+ years Service code 10 · EIN 11-1986323 | Accounting | $12,500 |
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 | $134,459 | $55,449+142.5% | $83,831+60.4% | $56,289+138.9% |
| Participation rate | 83.2% | 68.0%+15.2pp | 76.1%+7.0pp | 69.9%+13.3pp |
| Annual return | 12.52% | -1.38%+13.9pp | 850.99%-838.5pp | -9.96%+22.5pp |
| Employer contribution / active EE | $2,507 | $2,430+3.2% | $3,631-31.0% | $2,111+18.8% |
| Participant deferral / active EE | $5,617 | $2,935+91.3% | $4,082+37.6% | $3,350+67.7% |
| Admin fee / account holder | $618 | $656-5.8% | $5,479-88.7% | $521+18.6% |