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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $20,599 |
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 | $42,571 | $42,546+0.1% | $71,796-40.7% | $55,167-22.8% |
| Participation rate | 81.6% | 59.1%+22.5pp | 69.1%+12.5pp | 69.0%+12.6pp |
| Annual return | 6.45% | 12.36%-5.9pp | 78.04%-71.6pp | 169.23%-162.8pp |
| Employer contribution / active EE | $269 | $803-66.6% | $1,924-86.0% | $1,963-86.3% |
| Participant deferral / active EE | $1,315 | $2,064-36.3% | $2,794-52.9% | $3,054-56.9% |
| Admin fee / account holder | $125 | $650-80.8% | $4,815-97.4% | $504-75.2% |