Filed June 21, 2023 (most recent of 5 filings on file)
Total covered: 26 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.3 years Service code 15 · EIN 27-2037969 | Recordkeeping | $53,738 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $30,371 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $251,329 | $88,122+185.2% | $141,177+78.0% | $67,579+271.9% |
| Participation rate | 98.9% | 76.5%+22.5pp | 82.5%+16.5pp | 71.3%+27.7pp |
| Annual return | 24.02% | 75.40%-51.4pp | 71.40%-47.4pp | 378.56%-354.5pp |
| Employer contribution / active EE | $6,216 | $3,224+92.8% | $4,736+31.3% | $2,148+189.4% |
| Participant deferral / active EE | $10,504 | $5,958+76.3% | $6,710+56.5% | $3,539+196.8% |
| Admin fee / account holder | $187 | $131+43.1% | $10,263-98.2% | $142+31.7% |