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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $160,922 |
GRANITE GROUP ADVISORS, LLC3+ years Filed as: GRANITE GROUP USA Service code 27 187 DANBURY RD · WILTON, CT 06897 | Advisory (Plan) | $60,411 |
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 | $219,901 | $64,954+238.5% | $115,752+90.0% | $62,293+253.0% |
| Participation rate | 86.5% | 73.0%+13.5pp | 77.8%+8.7pp | 69.5%+16.9pp |
| Annual return | 16.64% | 24.87%-8.2pp | 19.41%-2.8pp | 28.90%-12.3pp |
| Employer contribution / active EE | $17,592 | $2,344+650.7% | $3,492+403.8% | $2,042+761.4% |
| Participant deferral / active EE | $11,767 | $3,665+221.0% | $5,204+126.1% | $3,169+271.3% |
| Admin fee / account holder | $946 | $414+128.7% | $6,278-84.9% | $479+97.3% |