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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.8 years Service code 12 · EIN 27-2037969 | Direct payment from the plan; Recordk... | $94,034 |
Filed as: VENTURE VISIONARY PARTNERS Service code 27 5520 MONROE STREET, · SYLVANIA, OH 43560 | Advisory (Plan) | $60,450 |
NEWPORT GROUP, INC.8 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 75-3182674 | Bank Trustee | $21,715 |
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 | $69,033 | $50,151+37.7% | $149,696-53.9% | $80,157-13.9% |
| Participation rate | 96.6% | 64.3%+32.3pp | 78.8%+17.8pp | 72.9%+23.6pp |
| Annual return | 16.79% | 29.80%-13.0pp | 134.46%-117.7pp | 40.39%-23.6pp |
| Employer contribution / active EE | $3,218 | $1,867+72.4% | $4,821-33.3% | $2,977+8.1% |
| Participant deferral / active EE | $4,606 | $3,194+44.2% | $5,682-18.9% | $5,015-8.2% |
| Admin fee / account holder | $147 | $153-4.0% | $13,212-98.9% | $145+1.1% |