| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 13 · EIN 27-2037969 | Contract Administrator | $107,427 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $69,958 | $185,342-62.3% | $111,319-37.2% | $86,828-19.4% |
| Participation rate | 73.5% | 81.0%-7.4pp | 77.3%-3.8pp | 72.3%+1.2pp |
| Annual return | 17.08% | 500.80%-483.7pp | 54.68%-37.6pp | 97.95%-80.9pp |
| Employer contribution / active EE | $1,186 | $2,246-47.2% | $2,732-56.6% | $2,406-50.7% |
| Participant deferral / active EE | $3,112 | $4,458-30.2% | $4,488-30.6% | $4,132-24.7% |
| Admin fee / account holder | $198 | $255-22.6% | $7,966-97.5% | $170+16.7% |