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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.3 years Service code 15 · EIN 27-2037969 | Recordkeeping | $15,992 |
HUNTINGTON NATIONAL BANK4 years Service code 10 · EIN 31-0966785 | Accounting | $15,617 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $64,618 | $59,448+8.7% | $93,696-31.0% | $74,459-13.2% |
| Participation rate | 63.6% | 59.6%+4.0pp | 68.7%-5.1pp | 67.2%-3.6pp |
| Annual return | 19.23% | 82.11%-62.9pp | 133.74%-114.5pp | 1369.70%-1350.5pp |
| Employer contribution / active EE | $1,499 | $1,266+18.4% | $2,422-38.1% | $2,626-42.9% |
| Participant deferral / active EE | $2,799 | $3,052-8.3% | $4,417-36.6% | $4,350-35.6% |
| Admin fee / account holder | $216 | $3,027-92.9% | $8,287-97.4% | $1,945-88.9% |