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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.7 years Service code 12 · EIN 27-2037969 | Sub-transfer agency fees; Recordkeepi... | $141,361 |
Filed as: VENTURE VISIONARY PARTNERS Service code 27 5520 MONROE STREET, · SYLVANIA, OH 43560 | Advisory (Plan) | $58,200 |
NEWPORT GROUP, INC.7 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 75-3182674 | Bank Trustee | $14,973 |
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 | $53,213 | $45,000+18.3% | $143,799-63.0% | $77,906-31.7% |
| Participation rate | 99.7% | 66.8%+32.9pp | 80.3%+19.4pp | 73.7%+26.0pp |
| Annual return | -15.47% | 29.03%-44.5pp | -0.04%-15.4pp | 12.16%-27.6pp |
| Employer contribution / active EE | $3,661 | $1,870+95.8% | $4,952-26.1% | $2,846+28.6% |
| Participant deferral / active EE | $4,445 | $3,157+40.8% | $5,638-21.2% | $4,805-7.5% |
| Admin fee / account holder | $138 | $98+40.3% | $14,677-99.1% | $133+4.1% |