Filed September 6, 2018 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.5 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 DEPT LA 24682 · PASADENA, CA 91185 | Bank Trustee | $71,625 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,720 | $39,166-67.5% | $79,591-84.0% | $78,104-83.7% |
| Participation rate | 100.0% | 57.3%+42.7pp | 69.5%+30.5pp | 74.5%+25.5pp |
| Annual return | 25.90% | -9.39%+35.3pp | 0.18%+25.7pp | 10.90%+15.0pp |
| Employer contribution / active EE | $0 | $1,019-100.0% | $2,413-100.0% | $3,128-100.0% |
| Participant deferral / active EE | $0 | $2,079-100.0% | $3,986-100.0% | $5,089-100.0% |
| Admin fee / account holder | $3 | $67-95.2% | $6,815-100.0% | $79-95.9% |