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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.3 years Service code 12 · EIN 27-2037969 | Participant loan processing; Recordke... | $101,827 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT GROUP, INC Service code 15 | Recordkeeping | $38,827 |
THURSTON SPRINGER MILLER3 years Filed as: THURSTON,SPRINGER,MILLER,HERD&TATAK Service code 10 · EIN 35-1090346 | Accounting | $36,970 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Claims processing; Trustee (bank, tru... | $25,696 |
RBC WEALTH MANAGEMENT4+ years Service code 33 | Distribution (12b-1) fees; Securities... | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $17,947 | $48,261-62.8% | $68,612-73.8% | $55,725-67.8% |
| Participation rate | 86.5% | 71.0%+15.4pp | 72.2%+14.2pp | 70.9%+15.6pp |
| Annual return | -4.14% | -2.61%-1.5pp | -4.63%+0.5pp | 244.93%-249.1pp |
| Employer contribution / active EE | $0 | $1,742-100.0% | $2,625-100.0% | $2,078-100.0% |
| Participant deferral / active EE | $2,211 | $2,712-18.5% | $3,311-33.2% | $3,356-34.1% |
| Admin fee / account holder | $130 | $126+3.2% | $5,131-97.5% | $115+13.0% |