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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1+ years Filed as: NEWPORT RETIREMENT SERVICES, INC. Service code 12 · EIN 62-1868111 | Claims processing; Recordkeeping and ... | $26,014 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $5,440 | $45,283-88.0% | $155,789-96.5% | $52,331-89.6% |
| Participation rate | 83.8% | 62.2%+21.6pp | 76.1%+7.7pp | 68.1%+15.7pp |
| Annual return | 1.05% | 1.80%-0.7pp | 71.54%-70.5pp | 4.54%-3.5pp |
| Employer contribution / active EE | $548 | $1,329-58.8% | $3,839-85.7% | $1,882-70.9% |
| Participant deferral / active EE | $2,320 | $2,854-18.7% | $4,798-51.6% | $3,022-23.2% |
| Admin fee / account holder | $24 | $981-97.5% | $7,477-99.7% | $592-95.9% |