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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS4+ years Filed as: NEWPORT CAPITAL GROUP Service code 27 · EIN 86-1109193 | Advisory (Plan) | $30,541 |
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754 | Recordkeeping | $9,162 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $77,506 | $42,548+82.2% | $74,551+4.0% | $56,289+37.7% |
| Participation rate | 51.9% | 60.5%-8.6pp | 69.1%-17.3pp | 69.9%-18.0pp |
| Annual return | -6.26% | 12.40%-18.7pp | 32.53%-38.8pp | -9.96%+3.7pp |
| Employer contribution / active EE | $405 | $855-52.6% | $1,961-79.3% | $2,111-80.8% |
| Participant deferral / active EE | $3,329 | $2,277+46.2% | $3,108+7.1% | $3,350-0.6% |
| Admin fee / account holder | $462 | $467-1.2% | $5,059-90.9% | $521-11.4% |