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| Provider | Service type | Compensation |
|---|---|---|
PNC BANK, N.A.2 years Filed as: PNC INSTITUTIONAL ASSET MANAGEMENT Service code 26 · EIN 22-1146430 | Advisory (Participants) | $43,925 |
NEWPORT GROUP, INC.6 years Service code 15 · EIN 27-2037969 | Recordkeeping | $43,260 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $13,177 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $108,507 | $82,980+30.8% | $103,378+5.0% | $77,692+39.7% |
| Participation rate | 60.6% | 71.5%-11.0pp | 74.5%-13.9pp | 70.6%-10.0pp |
| Annual return | 14.13% | 19.11%-5.0pp | 24.91%-10.8pp | 31.25%-17.1pp |
| Employer contribution / active EE | $6,462 | $3,554+81.8% | $3,870+67.0% | $2,726+137.0% |
| Participant deferral / active EE | $4,084 | $4,109-0.6% | $5,058-19.3% | $4,648-12.1% |
| Admin fee / account holder | $214 | $639-66.5% | $8,401-97.5% | $431-50.3% |