Filed June 21, 2023 (most recent of 5 filings on file)
Total covered: 26 employees
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $72,738 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $13,910 |
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 | $221,359 | $155,795+42.1% | $136,298+62.4% | $69,631+217.9% |
| Participation rate | 95.5% | 75.2%+20.3pp | 81.9%+13.6pp | 70.7%+24.8pp |
| Annual return | 16.64% | 232464.33%-232447.7pp | 5156.27%-5139.6pp | 27571.02%-27554.4pp |
| Employer contribution / active EE | $5,606 | $2,991+87.4% | $4,696+19.4% | $2,032+175.9% |
| Participant deferral / active EE | $9,304 | $5,394+72.5% | $6,247+48.9% | $3,224+188.6% |
| Admin fee / account holder | $194 | $128+51.2% | $9,244-97.9% | $110+75.5% |