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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2+ years Service code 14 · EIN 27-2037969 | Plan Administrator | $6,797 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $11,313 | $46,732-75.8% | $156,551-92.8% | $55,167-79.5% |
| Participation rate | 62.5% | 65.8%-3.3pp | 84.0%-21.5pp | 69.0%-6.5pp |
| Annual return | 11.30% | 17.72%-6.4pp | 32.23%-20.9pp | 169.23%-157.9pp |
| Employer contribution / active EE | $1,136 | $2,105-46.0% | $5,501-79.3% | $1,963-42.1% |
| Participant deferral / active EE | $1,841 | $2,204-16.5% | $4,871-62.2% | $3,054-39.7% |
| Admin fee / account holder | $30 | $418-92.9% | $13,028-99.8% | $504-94.1% |