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| Provider | Service type | Compensation |
|---|---|---|
HBKS WEALTH ADVISORS1 year Service code 27 · EIN 34-1925728 | Advisory (Plan) | $19,229 |
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $17,962 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $56,297 | $58,093-3.1% | $80,022-29.6% | $56,2870% |
| Participation rate | 76.5% | 73.6%+2.8pp | 75.8%+0.6pp | 69.9%+6.6pp |
| Annual return | -4.63% | 34.63%-39.3pp | 11.22%-15.8pp | -9.96%+5.3pp |
| Employer contribution / active EE | $716 | $1,933-62.9% | $2,468-71.0% | $2,111-66.1% |
| Participant deferral / active EE | $2,008 | $3,136-36.0% | $3,686-45.5% | $3,350-40.0% |
| Admin fee / account holder | $409 | $623-34.4% | $6,521-93.7% | $521-21.5% |