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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.5 years Service code 15 · EIN 27-2037969 | Recordkeeping | $45,982 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,518 | $95,880-32.7% | $107,525-40.0% | $85,563-24.6% |
| Participation rate | 63.0% | 70.1%-7.2pp | 75.1%-12.1pp | 66.0%-3.0pp |
| Annual return | 1.84% | 68.06%-66.2pp | 181.32%-179.5pp | 31.51%-29.7pp |
| Employer contribution / active EE | $2,387 | $3,812-37.4% | $3,754-36.4% | $2,654-10.1% |
| Participant deferral / active EE | $3,879 | $4,201-7.7% | $5,116-24.2% | $4,375-11.3% |
| Admin fee / account holder | $103 | $1,025-89.9% | $8,919-98.8% | $834-87.6% |