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| Provider | Service type | Compensation |
|---|---|---|
LOC INVESTMENT ADVISERS1+ years Filed as: LOC INVESTMENT ADVISORS Service code 27 · EIN 55-0614621 | Advisory (Plan) | $34,543 |
NEWPORT GROUP, INC.1+ years Filed as: NEWPORT RETIREMENT SERVICES Service code 12 · EIN 62-1868111 | Participant loan processing; Claims p... | $17,220 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $17,031 | $65,263-73.9% | $90,223-81.1% | $55,191-69.1% |
| Participation rate | 100.0% | 79.0%+21.0pp | 79.0%+21.0pp | 69.2%+30.8pp |
| Annual return | 28.01% | 2.81%+25.2pp | 1.31%+26.7pp | 10.78%+17.2pp |
| Employer contribution / active EE | $458 | $4,153-89.0% | $4,378-89.5% | $1,899-75.9% |
| Participant deferral / active EE | $2,307 | $5,564-58.5% | $5,792-60.2% | $3,046-24.3% |
| Admin fee / account holder | $71 | $116-39.0% | $7,406-99.0% | $91-21.9% |