Filed April 12, 2022
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969 | Recordkeeping and information managem... | $62,217 |
PNC BANK, N.A.1 year Filed as: PNC INSTITUTIONAL ASSET MANAGEMENT Service code 27 · EIN 22-1146430 | Advisory (Plan) | $36,807 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $9,202 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,318 | $55,402-5.6% | $76,089-31.2% | $77,714-32.7% |
| Participation rate | 97.7% | 63.6%+34.1pp | 69.1%+28.6pp | 70.6%+27.1pp |
| Annual return | 28.50% | 17.09%+11.4pp | 360.94%-332.4pp | 31.26%-2.8pp |
| Employer contribution / active EE | $5,343 | $1,789+198.6% | $2,690+98.6% | $2,727+96.0% |
| Participant deferral / active EE | $5,272 | $3,450+52.8% | $4,259+23.8% | $4,649+13.4% |
| Admin fee / account holder | $147 | $410-64.2% | $6,418-97.7% | $433-66.2% |