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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Filed as: NEWPORT GROUP, INC Service code 15 · EIN 27-2037969 | Recordkeeping | $268,549 |
Participant contribution per participant 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.
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 | $16,031 | $72,066-77.8% | $81,726-80.4% | $90,274-82.2% |
| Participation rate | 82.5% | 78.9%+3.6pp | 72.0%+10.5pp | 73.4%+9.1pp |
| Annual return | 11.85% | 15.92%-4.1pp | 29.49%-17.6pp | 53.97%-42.1pp |
| Employer contribution / active EE | $1,486 | $2,335-36.4% | $4,311-65.5% | $2,523-41.1% |
| Participant deferral / active EE | $1,396 | $3,557-60.7% | $7,108-80.4% | $4,231-67.0% |
| Admin fee / account holder | $71 | $92-22.8% | $5,160-98.6% | $114-37.4% |