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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS7+ years Filed as: NEWPORT CAPITAL GROUP Service code 27 · EIN 86-1109193 | Advisory (Plan) | $41,371 |
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754 | Recordkeeping | $16,056 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,731 | $70,430+24.6% | $96,572-9.2% | $85,851+2.2% |
| Participation rate | 92.3% | 61.8%+30.5pp | 69.8%+22.5pp | 69.3%+23.0pp |
| Annual return | 14.50% | 18.58%-4.1pp | 37.79%-23.3pp | 318.63%-304.1pp |
| Employer contribution / active EE | $1,756 | $1,413+24.2% | $2,357-25.5% | $2,565-31.6% |
| Participant deferral / active EE | $4,413 | $2,894+52.5% | $3,850+14.6% | $3,952+11.7% |
| Admin fee / account holder | $442 | $4,996-91.2% | $6,183-92.9% | $6,261-92.9% |