Filed April 12, 2022
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969 | Claims processing; Recordkeeping and ... | $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 | $55,441-5.6% | $76,002-31.2% | $77,671-32.6% |
| Participation rate | 97.7% | 63.6%+34.1pp | 69.1%+28.6pp | 70.6%+27.1pp |
| Annual return | 28.50% | 17.08%+11.4pp | 360.07%-331.6pp | 31.21%-2.7pp |
| Employer contribution / active EE | $5,343 | $1,789+198.6% | $2,688+98.8% | $2,726+96.0% |
| Participant deferral / active EE | $5,272 | $3,451+52.8% | $4,257+23.9% | $4,648+13.4% |
| Admin fee / account holder | $147 | $407-64.0% | $6,414-97.7% | $430-65.9% |