Filed October 18, 2022 (most recent of 19 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS6 years Filed as: NEWPORT CAPITAL GROUP Service code 27 · EIN 86-1109193 12 BROAD STREET, 5TH FLOOR · RED BANK, NJ 07701 | Advisory (Plan) | $85,212 |
PREMIER ACTUARIAL SOLUTIONS8+ years Service code 11 · EIN 26-1722072 700 S ROSEMARY AVE, SUITE 204 · WEST PALM BEACH, FL 33401 | Actuarial | $24,000 |
Filed as: MORGAN LEWIS, BOCKIUS LLP Service code 29 · EIN 23-0891050 1701 MARKET STREET · PHILADELPHIA, PA 191032921 | Legal | $9,341 |
NEWPORT GROUP, INC.6 years Service code 64 · EIN 27-2037969 1350 TREAT BOULEVARD, SUITE 300 · WALNUT CREEK, CA 94597 | Recordkeeping Fees | $5,669 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $9,556,684-100.0% | $186,774-100.0% | $9,556,684-100.0% |
| Participation rate | 0.0% | 2.4%-2.4pp | 55.8%-55.8pp | 2.4%-2.4pp |
| Annual return | 1.41% | 22.81%-21.4pp | 7.78%-6.4pp | 22.81%-21.4pp |
| Employer contribution / active EE | $20,390 | $18,290+11.5% | $32,517-37.3% | $18,290+11.5% |
| Participant deferral / active EE | $1,537 | $603+154.8% | $504+205.0% | $603+154.8% |
| Admin fee / account holder | $0 | $85,222-100.0% | $3,044-100.0% | $85,222-100.0% |