Filed November 21, 2019
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.5 years Service code 15 · EIN 27-2037969 | Recordkeeping | $70,035 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $28,292 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,123 | $95,417+6.0% | $135,974-25.6% | $74,460+35.8% |
| Participation rate | 90.5% | 78.2%+12.3pp | 81.9%+8.6pp | 70.7%+19.8pp |
| Annual return | 20.70% | 32.76%-12.1pp | 68.30%-47.6pp | 34.38%-13.7pp |
| Employer contribution / active EE | $2,546 | $3,878-34.3% | $4,859-47.6% | $2,638-3.5% |
| Participant deferral / active EE | $8,303 | $7,789+6.6% | $7,760+7.0% | $4,530+83.3% |
| Admin fee / account holder | $92 | $266-65.3% | $10,767-99.1% | $348-73.4% |