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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $34,324 |
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 | $211,518 | $61,166+245.8% | $185,849+13.8% | $79,391+166.4% |
| Participation rate | 95.2% | 66.6%+28.6pp | 81.7%+13.5pp | 70.7%+24.5pp |
| Annual return | 16.98% | 19.45%-2.5pp | 122.10%-105.1pp | 116.88%-99.9pp |
| Employer contribution / active EE | $8,269 | $2,321+256.3% | $5,169+60.0% | $2,428+240.6% |
| Participant deferral / active EE | $6,342 | $2,789+127.4% | $5,569+13.9% | $4,046+56.8% |
| Admin fee / account holder | $247 | $710-65.2% | $16,244-98.5% | $627-60.6% |