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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969 | Participant loan processing; Recordke... | $118,756 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP, INC Service code 15 | Recordkeeping | $28,551 |
RBC WEALTH MANAGEMENT2+ years Service code 28 8888 KEYSTONE CROSSING, SUITE 200 · INDIANAPOLIS, IN 46240 | Investment Management | $15,126 |
THURSTON SPRINGER MILLER1 year Filed as: THURSTON,SPRINGER,MILLER,HERD&TATAK Service code 10 · EIN 35-1090346 | Accounting | $9,440 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Custodial (securities); Account maint... | $5,424 |
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 | $12,873 | $50,106-74.3% | $69,779-81.6% | $57,658-77.7% |
| Participation rate | 84.5% | 70.9%+13.7pp | 71.8%+12.7pp | 70.2%+14.3pp |
| Annual return | 7.06% | 14.58%-7.5pp | 12.99%-5.9pp | 5.13%+1.9pp |
| Employer contribution / active EE | $424 | $1,739-75.6% | $2,338-81.9% | $1,974-78.5% |
| Participant deferral / active EE | $2,015 | $2,486-18.9% | $2,931-31.2% | $3,061-34.1% |
| Admin fee / account holder | $114 | $89+27.6% | $4,381-97.4% | $95+20.4% |