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 | $122,219-12.1% | $147,096-27.0% | $199,921-46.3% |
| Participation rate | 88.9% | 78.3%+10.6pp | 82.2%+6.7pp | 72.0%+16.8pp |
| Annual return | 16.57% | 30.59%-14.0pp | 419.75%-403.2pp | 34.28%-17.7pp |
| Employer contribution / active EE | $2,537 | $4,096-38.1% | $4,936-48.6% | $3,035-16.4% |
| Participant deferral / active EE | $8,190 | $8,503-3.7% | $8,071+1.5% | $5,089+61.0% |
| Admin fee / account holder | $95 | $179-47.1% | $13,005-99.3% | $269-64.8% |