Filed November 21, 2019
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.6 years Service code 15 · EIN 27-2037969 | Recordkeeping | $83,899 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $36,786 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,400 | $122,128-12.1% | $147,117-27.0% | $200,096-46.3% |
| Participation rate | 88.9% | 78.2%+10.7pp | 82.2%+6.7pp | 72.0%+16.8pp |
| Annual return | 16.57% | 30.58%-14.0pp | 420.54%-404.0pp | 34.26%-17.7pp |
| Employer contribution / active EE | $2,537 | $4,093-38.0% | $4,932-48.6% | $3,038-16.5% |
| Participant deferral / active EE | $8,190 | $8,484-3.5% | $8,065+1.6% | $5,090+60.9% |
| Admin fee / account holder | $95 | $180-47.2% | $12,993-99.3% | $269-64.8% |