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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1+ years Filed as: NEWPORT RETIREMENT SERVICES, INC. Service code 12 · EIN 62-1868111 | Participant loan processing; Direct p... | $112,371 |
NEWPORT GROUP, INC.1+ years Filed as: NEWPORT RETIREMENT SERVICES, INC Service code 15 | Recordkeeping | $29,156 |
RBC WEALTH MANAGEMENT1+ years Service code 28 8888 KEYSTONE CROSSING, SUITE 200 · INDIANAPOLIS, IN 46240 | Investment Management | $19,039 |
VERISIGHT, INC.1+ years Filed as: VERISIGHT TRUST COMPANY Service code 12 · EIN 27-4411131 | Claims processing; Custodial (securit... | $7,130 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,216 | $48,277-74.7% | $63,244-80.7% | $55,191-77.9% |
| Participation rate | 76.2% | 69.4%+6.8pp | 71.0%+5.2pp | 69.2%+7.1pp |
| Annual return | -2.40% | 2.37%-4.8pp | -70.31%+67.9pp | 10.78%-13.2pp |
| Employer contribution / active EE | $366 | $1,592-77.0% | $2,322-84.2% | $1,899-80.7% |
| Participant deferral / active EE | $1,739 | $2,432-28.5% | $2,953-41.1% | $3,046-42.9% |
| Admin fee / account holder | $108 | $86+26.0% | $5,893-98.2% | $91+19.3% |