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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIRST REPUBLIC INVESTMENT MNGMT Service code 26 1200 STATE STREET · SANTA BARBARA, CA 93101 | Advisory (Participants) | $15,575 |
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $9,986 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $28,881 | $80,753-64.2% | $136,298-78.8% | $62,293-53.6% |
| Participation rate | 58.1% | 73.5%-15.5pp | 81.9%-23.9pp | 69.5%-11.5pp |
| Annual return | 19.46% | 35.83%-16.4pp | 5156.27%-5136.8pp | 28.90%-9.4pp |
| Employer contribution / active EE | $2,113 | $2,884-26.7% | $4,696-55.0% | $2,042+3.5% |
| Participant deferral / active EE | $3,381 | $5,164-34.5% | $6,247-45.9% | $3,169+6.7% |
| Admin fee / account holder | $187 | $525-64.5% | $9,244-98.0% | $479-61.1% |