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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $30,456 |
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.
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 | $26,410 | $73,638-64.1% | $95,956-72.5% | $73,493-64.1% |
| Participation rate | 85.9% | 76.2%+9.7pp | 77.1%+8.8pp | 70.7%+15.2pp |
| Annual return | 14.73% | 16.78%-2.0pp | 91.63%-76.9pp | 28.51%-13.8pp |
| Employer contribution / active EE | $290 | $1,863-84.5% | $2,541-88.6% | $2,270-87.2% |
| Participant deferral / active EE | $1,990 | $3,617-45.0% | $4,167-52.2% | $3,740-46.8% |
| Admin fee / account holder | $125 | $482-74.0% | $6,797-98.2% | $513-75.6% |