Filed May 31, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $9,961 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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 | $42,161 | $46,100-8.5% | $86,582-51.3% | $69,631-39.5% |
| Participation rate | 6.2% | 67.2%-61.0pp | 73.5%-67.4pp | 70.7%-64.5pp |
| Annual return | 17.07% | 21.02%-4.0pp | 965.08%-948.0pp | 27571.02%-27554.0pp |
| Employer contribution / active EE | $0 | $1,850-100.0% | $2,839-100.0% | $2,032-100.0% |
| Participant deferral / active EE | $304 | $2,432-87.5% | $3,609-91.6% | $3,224-90.6% |
| Admin fee / account holder | $175 | $94+86.3% | $4,904-96.4% | $110+58.2% |