Filed July 19, 2019
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.9+ years Service code 37 · EIN 27-2037969 | Loan Processing | $44,802 |
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 | $117,348 | $83,884+39.9% | $64,101+83.1% | $74,460+57.6% |
| Participation rate | 98.0% | 76.6%+21.4pp | 72.3%+25.7pp | 70.7%+27.2pp |
| Annual return | 19.67% | 16.57%+3.1pp | 33.72%-14.1pp | 34.38%-14.7pp |
| Employer contribution / active EE | $8,609 | $3,084+179.2% | $2,749+213.2% | $2,638+226.3% |
| Participant deferral / active EE | $6,144 | $3,692+66.4% | $3,881+58.3% | $4,530+35.6% |
| Admin fee / account holder | $120 | $196-38.7% | $3,070-96.1% | $348-65.5% |