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| Provider | Service type | Compensation |
|---|---|---|
GRANITE GROUP ADVISORS, LLC4+ years Filed as: GRANITE GROUP USA Service code 27 187 DANBURY RD · WILTON, CT 06897 | Advisory (Plan) | $150,000 |
NEWPORT GROUP, INC.3 years Service code 15 · EIN 27-2037969 | Recordkeeping | $84,029 |
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 | $186,272 | $57,384+224.6% | $106,387+75.1% | $56,287+230.9% |
| Participation rate | 81.1% | 71.3%+9.8pp | 77.5%+3.7pp | 69.9%+11.3pp |
| Annual return | -5.49% | 5.91%-11.4pp | 0.25%-5.7pp | -9.96%+4.5pp |
| Employer contribution / active EE | $16,045 | $2,348+583.3% | $3,520+355.9% | $2,111+660.0% |
| Participant deferral / active EE | $10,974 | $3,799+188.9% | $5,421+102.4% | $3,350+227.6% |
| Admin fee / account holder | $854 | $566+50.8% | $7,510-88.6% | $521+64.0% |