Filed November 10, 2016
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| Provider | Service type | Compensation |
|---|---|---|
OPPENHEIMER1+ years Filed as: OPPENHEIMER & CO Service code 27 · EIN 13-5657518 | Advisory (Plan) | $105,486 |
NEWPORT GROUP, INC.1+ years Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Account maintenance fees; Claims proc... | $29,350 |
NEWPORT GROUP, INC.1+ years Service code 12 · EIN 27-2037969 | Recordkeeping and information managem... | $10,881 |
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 | $116,579 | $46,332+151.6% | $143,797-18.9% | $64,824+79.8% |
| Participation rate | 93.8% | 64.2%+29.5pp | 80.3%+13.5pp | 71.5%+22.3pp |
| Annual return | -15.01% | -10.05%-5.0pp | -0.04%-15.0pp | 32.84%-47.8pp |
| Employer contribution / active EE | $1,265 | $1,911-33.8% | $4,952-74.4% | $2,507-49.5% |
| Participant deferral / active EE | $8,167 | $2,647+208.5% | $5,638+44.9% | $4,311+89.4% |
| Admin fee / account holder | $241 | $154+56.5% | $14,679-98.4% | $188+28.2% |