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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.8 years Service code 15 · EIN 27-2037969 | Recordkeeping | $50,248 |
BAER WEALTH MANAGEMENT2 years Service code 27 101 VILLAGE PARKWAY, BUILDING 1, ST · MARIETTA, GA 30067 | Advisory (Plan) | $26,225 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,369 | $73,459-73.6% | $178,528-89.2% | $74,429-74.0% |
| Participation rate | 89.8% | 66.5%+23.2pp | 77.1%+12.7pp | 67.2%+22.5pp |
| Annual return | 13.58% | 17.50%-3.9pp | 27.11%-13.5pp | 1368.38%-1354.8pp |
| Employer contribution / active EE | $1,204 | $2,219-45.8% | $3,950-69.5% | $2,625-54.1% |
| Participant deferral / active EE | $4,105 | $4,515-9.1% | $6,278-34.6% | $4,348-5.6% |
| Admin fee / account holder | $143 | $1,812-92.1% | $10,419-98.6% | $1,944-92.6% |