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| Provider | Service type | Compensation |
|---|---|---|
HBK CPAS & CONSULTANTS2+ years Filed as: HBK SORCE FINANCIAL Service code 27 · EIN 34-1925728 | Advisory (Plan) | $26,943 |
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $21,351 |
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 | $79,128 | $60,165+31.5% | $74,184+6.7% | $55,167+43.4% |
| Participation rate | 96.2% | 74.2%+22.0pp | 76.6%+19.5pp | 69.0%+27.2pp |
| Annual return | 6.67% | 10.00%-3.3pp | 17.74%-11.1pp | 169.23%-162.6pp |
| Employer contribution / active EE | $3,588 | $1,600+124.3% | $2,370+51.4% | $1,963+82.8% |
| Participant deferral / active EE | $2,992 | $2,973+0.7% | $3,550-15.7% | $3,054-2.0% |
| Admin fee / account holder | $402 | $419-4.0% | $5,586-92.8% | $504-20.1% |