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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $22,633 |
Service code 27 · EIN 71-0294708 | Advisory (Plan) | $18,057 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $26,296 | $71,666-63.3% | $117,861-77.7% | $69,631-62.2% |
| Participation rate | 92.9% | 77.5%+15.4pp | 79.7%+13.2pp | 70.7%+22.2pp |
| Annual return | 15.36% | 18.86%-3.5pp | 335.11%-319.7pp | 27571.02%-27555.7pp |
| Employer contribution / active EE | $863 | $1,889-54.3% | $3,786-77.2% | $2,032-57.6% |
| Participant deferral / active EE | $3,263 | $3,340-2.3% | $4,482-27.2% | $3,224+1.2% |
| Admin fee / account holder | $150 | $120+24.3% | $8,021-98.1% | $110+35.5% |