Filed July 19, 2019
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.8+ years Service code 13 · EIN 27-2037969 | Contract Administrator | $27,327 |
NEWPORT GROUP, INC.4 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131 | Bank Trustee | $14,434 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $98,218 | $79,151+24.1% | $60,919+61.2% | $64,824+51.5% |
| Participation rate | 100.0% | 77.7%+22.3pp | 73.1%+26.9pp | 71.5%+28.5pp |
| Annual return | -15.07% | -7.12%-7.9pp | 16.96%-32.0pp | 32.84%-47.9pp |
| Employer contribution / active EE | $8,245 | $3,052+170.1% | $2,704+204.9% | $2,507+228.9% |
| Participant deferral / active EE | $5,575 | $3,727+49.6% | $3,814+46.2% | $4,311+29.3% |
| Admin fee / account holder | $115 | $106+9.1% | $3,228-96.4% | $188-38.6% |