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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.9 years Service code 12 · EIN 27-2037969 | Claims processing; Plan Administrator... | $56,423 |
NEWPORT GROUP, INC.7 years Filed as: NEWPORT TRUST COMPANY Service code 20 · EIN 27-4411131 | Trustee (individual); Trustee (bank, ... | $13,419 |
MCMAHON & ASSOCIATES, CPA PC3 years Service code 10 · EIN 35-1438231 | Accounting | $9,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $45,955 | $81,302-43.5% | $76,002-39.5% | $199,768-77.0% |
| Participation rate | 23.2% | 70.1%-46.9pp | 69.1%-45.9pp | 72.0%-48.9pp |
| Annual return | 12.83% | 16.31%-3.5pp | 360.07%-347.2pp | 34.26%-21.4pp |
| Employer contribution / active EE | $567 | $3,352-83.1% | $2,688-78.9% | $3,037-81.3% |
| Participant deferral / active EE | $1,489 | $4,721-68.5% | $4,257-65.0% | $5,090-70.7% |
| Admin fee / account holder | $157 | $145+8.3% | $6,414-97.6% | $269-41.6% |