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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969 | Sub-transfer agency fees; Claims proc... | $46,348 |
KATZ, SAPPER & MILLER2+ years Filed as: KATZ SAPPER & MILLER Service code 10 · EIN 35-1090346 | Accounting | $12,518 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $15,071 | $63,905-76.4% | $74,184-79.7% | $57,658-73.9% |
| Participation rate | 93.3% | 79.8%+13.6pp | 76.6%+16.7pp | 70.2%+23.1pp |
| Annual return | 8.51% | 60.60%-52.1pp | 17.74%-9.2pp | 5.13%+3.4pp |
| Employer contribution / active EE | $0 | $1,840-100.0% | $2,370-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $1,713 | $3,448-50.3% | $3,550-51.8% | $3,061-44.0% |
| Admin fee / account holder | $51 | $91-44.0% | $5,586-99.1% | $95-46.0% |