Filed December 22, 2015
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.6 years Service code 15 · EIN 27-2037969 | Recordkeeping | $28,345 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $177,306 | $84,936+108.8% | $111,297+59.3% | $79,386+123.3% |
| Participation rate | 91.9% | 75.9%+16.0pp | 77.3%+14.6pp | 70.7%+21.2pp |
| Annual return | 10.58% | 17.45%-6.9pp | 54.65%-44.1pp | 116.85%-106.3pp |
| Employer contribution / active EE | $1,330 | $1,979-32.8% | $2,731-51.3% | $2,427-45.2% |
| Participant deferral / active EE | $3,364 | $3,888-13.5% | $4,487-25.0% | $4,046-16.9% |
| Admin fee / account holder | $175 | $537-67.4% | $7,964-97.8% | $626-72.1% |