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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Custodial (securities); Claims proces... | $14,677 |
Filed as: LAWLEY RETIREMENT ADVISORS Service code 27 361 DELAWARE AVENUE · BUFFALO, NY 14202 | Advisory (Plan) | $13,193 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $142,120 | $44,873+216.7% | $79,466+78.8% | $56,287+152.5% |
| Participation rate | 81.4% | 68.7%+12.7pp | 73.3%+8.1pp | 69.9%+11.5pp |
| Annual return | -6.51% | 0.81%-7.3pp | 718.28%-724.8pp | -9.96%+3.4pp |
| Employer contribution / active EE | $8,555 | $2,140+299.8% | $2,800+205.5% | $2,111+305.2% |
| Participant deferral / active EE | $6,420 | $2,746+133.8% | $3,704+73.3% | $3,350+91.7% |
| Admin fee / account holder | $1,054 | $418+151.8% | $5,104-79.4% | $521+102.3% |