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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969 | Claims processing; Recordkeeping fees... | $27,654 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,251 | $50,898-81.8% | $171,082-94.6% | $55,167-83.2% |
| Participation rate | 92.2% | 63.3%+28.9pp | 76.7%+15.5pp | 69.0%+23.2pp |
| Annual return | 16.24% | 15.34%+0.9pp | 32.56%-16.3pp | 169.23%-153.0pp |
| Employer contribution / active EE | $147 | $1,433-89.8% | $4,002-96.3% | $1,963-92.5% |
| Participant deferral / active EE | $1,998 | $2,994-33.3% | $4,797-58.4% | $3,054-34.6% |
| Admin fee / account holder | $172 | $500-65.6% | $8,520-98.0% | $504-65.9% |