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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1+ years Filed as: NEWPORT RETIREMENT SERVICES, INC. Service code 12 · EIN 62-1868111 | Recordkeeping fees; Recordkeeping and... | $23,242 |
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 | $9,288 | $45,283-79.5% | $155,789-94.0% | $52,331-82.3% |
| Participation rate | 95.1% | 62.2%+32.9pp | 76.1%+19.0pp | 68.1%+27.0pp |
| Annual return | 0.27% | 1.80%-1.5pp | 71.54%-71.3pp | 4.54%-4.3pp |
| Employer contribution / active EE | $376 | $1,329-71.7% | $3,839-90.2% | $1,882-80.0% |
| Participant deferral / active EE | $1,920 | $2,854-32.7% | $4,798-60.0% | $3,022-36.5% |
| Admin fee / account holder | $18 | $981-98.2% | $7,477-99.8% | $592-97.0% |