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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.9 years Service code 15 · EIN 27-2037969 | Recordkeeping | $14,057 |
Filed as: MERRILL LYNCH RETIREMENT & BENEFIT Service code 27 · EIN 13-5674085 | Advisory (Plan) | $9,453 |
Annual investment return 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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,254 | $58,859-82.6% | $129,339-92.1% | $77,692-86.8% |
| Participation rate | 95.6% | 59.3%+36.3pp | 69.6%+26.0pp | 70.6%+25.0pp |
| Annual return | 11.20% | 24.74%-13.5pp | 9437.05%-9425.9pp | 31.25%-20.1pp |
| Employer contribution / active EE | $882 | $1,952-54.8% | $4,154-78.8% | $2,726-67.7% |
| Participant deferral / active EE | $1,240 | $3,215-61.4% | $4,170-70.3% | $4,648-73.3% |
| Admin fee / account holder | $75 | $591-87.3% | $7,668-99.0% | $431-82.6% |