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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $19,013 |
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 | $50,367 | $51,466-2.1% | $78,778-36.1% | $62,293-19.1% |
| Participation rate | 71.7% | 59.8%+11.9pp | 69.2%+2.5pp | 69.5%+2.2pp |
| Annual return | 17.35% | 19.96%-2.6pp | 35.62%-18.3pp | 28.90%-11.5pp |
| Employer contribution / active EE | $246 | $827-70.3% | $1,986-87.6% | $2,042-88.0% |
| Participant deferral / active EE | $1,230 | $2,147-42.7% | $2,958-58.4% | $3,169-61.2% |
| Admin fee / account holder | $115 | $489-76.6% | $5,134-97.8% | $479-76.1% |