| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.3 years Filed as: NEWPORT COMPANY INC. Service code 15 · EIN 27-2037969 | Recordkeeping | $38,068 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $237,919 | $50,919+367.3% | $155,556+52.9% | $77,762+206.0% |
| Participation rate | 93.9% | 63.1%+30.8pp | 78.2%+15.7pp | 70.6%+23.3pp |
| Annual return | 11.54% | 34.84%-23.3pp | 64.84%-53.3pp | 31.27%-19.7pp |
| Employer contribution / active EE | $10,753 | $1,991+439.9% | $4,675+130.0% | $2,728+294.2% |
| Participant deferral / active EE | $7,729 | $2,824+173.6% | $5,631+37.3% | $4,651+66.2% |
| Admin fee / account holder | $105 | $437-76.1% | $15,885-99.3% | $433-75.8% |