Filed July 19, 2019
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.6+ years Service code 13 · EIN 27-2037969 | Contract Administrator | $25,910 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $11,659 |
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 | $98,048 | $84,948+15.4% | $70,494+39.1% | $73,412+33.6% |
| Participation rate | 88.6% | 79.9%+8.7pp | 75.1%+13.6pp | 72.2%+16.5pp |
| Annual return | 16.02% | 13.39%+2.6pp | 109.16%-93.1pp | 59.30%-43.3pp |
| Employer contribution / active EE | $6,668 | $2,834+135.3% | $2,738+143.5% | $2,234+198.5% |
| Participant deferral / active EE | $4,426 | $3,387+30.7% | $3,711+19.3% | $3,806+16.3% |
| Admin fee / account holder | $106 | $98+7.6% | $3,848-97.3% | $158-33.2% |