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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 | $58,911-82.6% | $129,384-92.1% | $77,736-86.8% |
| Participation rate | 95.6% | 59.4%+36.2pp | 69.6%+26.0pp | 70.6%+25.0pp |
| Annual return | 11.20% | 24.75%-13.5pp | 9461.77%-9450.6pp | 31.26%-20.1pp |
| Employer contribution / active EE | $882 | $1,955-54.9% | $4,153-78.8% | $2,728-67.7% |
| Participant deferral / active EE | $1,240 | $3,220-61.5% | $4,166-70.2% | $4,651-73.3% |
| Admin fee / account holder | $75 | $592-87.3% | $7,686-99.0% | $433-82.7% |