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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC5+ years Filed as: FRANCIS INVESTMENT COUNSEL, LLC Service code 27 · EIN 90-0142264 | Advisory (Plan) | $95,385 |
NEWPORT GROUP, INC.4 years Filed as: NEWPORT GROUP, INC Service code 12 · EIN 27-2037969 | Sub-transfer agency fees; Recordkeepi... | $36,023 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 75-3182674 | Bank Trustee | $10,963 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $323,856 | $89,652+261.2% | $141,197+129.4% | $65,186+396.8% |
| Participation rate | 100.0% | 74.7%+25.3pp | 82.5%+17.5pp | 70.2%+29.8pp |
| Annual return | 12.00% | 32.79%-20.8pp | 71.41%-59.4pp | 29.39%-17.4pp |
| Employer contribution / active EE | $7,503 | $3,065+144.8% | $4,736+58.4% | $2,177+244.7% |
| Participant deferral / active EE | $8,966 | $5,691+57.5% | $6,710+33.6% | $3,514+155.1% |
| Admin fee / account holder | $458 | $569-19.5% | $10,265-95.5% | $847-46.0% |