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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $6,789 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $62,402 | $63,314-1.4% | $91,004-31.4% | $62,293+0.2% |
| Participation rate | 75.9% | 73.3%+2.6pp | 75.6%+0.3pp | 69.5%+6.4pp |
| Annual return | 14.94% | 21.00%-6.1pp | 4.60%+10.3pp | 28.90%-14.0pp |
| Employer contribution / active EE | $648 | $1,807-64.1% | $2,456-73.6% | $2,042-68.3% |
| Participant deferral / active EE | $2,001 | $2,944-32.0% | $3,548-43.6% | $3,169-36.9% |
| Admin fee / account holder | $130 | $468-72.2% | $5,417-97.6% | $479-72.9% |