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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1+ years Service code 15 · EIN 27-4411131 | Recordkeeping | $400 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $2,618 | $37,134-93.0% | $100,671-97.4% | $52,331-95.0% |
| Participation rate | 95.4% | 57.7%+37.8pp | 70.7%+24.7pp | 68.1%+27.3pp |
| Annual return | 1.26% | 0.10%+1.2pp | 20.43%-19.2pp | 4.54%-3.3pp |
| Employer contribution / active EE | $325 | $1,187-72.6% | $4,012-91.9% | $1,882-82.7% |
| Participant deferral / active EE | $2,490 | $2,163+15.1% | $3,144-20.8% | $3,022-17.6% |
| Admin fee / account holder | $1 | $467-99.7% | $4,850-100.0% | $592-99.8% |