Filed July 19, 2019
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.5+ years Service code 13 · EIN 27-2037969 | Contract Administrator | $25,695 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $10,586 |
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 | $82,817 | $95,542-13.3% | $69,483+19.2% | $67,582+22.5% |
| Participation rate | 100.0% | 79.4%+20.6pp | 74.6%+25.4pp | 71.3%+28.7pp |
| Annual return | 23.92% | 17.67%+6.2pp | 28.99%-5.1pp | 378.57%-354.7pp |
| Employer contribution / active EE | $7,606 | $2,989+154.5% | $2,780+173.6% | $2,148+254.1% |
| Participant deferral / active EE | $4,531 | $3,263+38.9% | $3,537+28.1% | $3,539+28.0% |
| Admin fee / account holder | $108 | $90+19.8% | $3,841-97.2% | $142-24.3% |