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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.4+ years Service code 12 · EIN 27-2037969 | Claims processing; Recordkeeping and ... | $9,239 |
DK WEISS & ASSOCIATES, PLLC2 years Service code 27 · EIN 30-0022324 | Advisory (Plan) | $6,800 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $7,199 | $55,636-87.1% | $81,991-91.2% | $73,493-90.2% |
| Participation rate | 75.2% | 62.3%+12.9pp | 69.3%+6.0pp | 70.7%+4.5pp |
| Annual return | 19.78% | 19.07%+0.7pp | 41.31%-21.5pp | 28.51%-8.7pp |
| Employer contribution / active EE | $615 | $1,625-62.1% | $2,498-75.4% | $2,270-72.9% |
| Participant deferral / active EE | $2,108 | $2,762-23.7% | $3,722-43.4% | $3,740-43.6% |
| Admin fee / account holder | $89 | $493-82.0% | $5,665-98.4% | $513-82.7% |