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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 13 · EIN 27-2037969 | Contract Administrator | $31,243 |
CAPFINANCIAL PARTNERS LLC2 years Filed as: CAPTRUST FINANCIAL ADVISORS Service code 27 · EIN 26-0058143 | Advisory (Plan) | $15,699 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $29,161 | $86,341-66.2% | $125,195-76.7% | $65,186-55.3% |
| Participation rate | 72.9% | 75.3%-2.5pp | 79.8%-6.9pp | 70.2%+2.7pp |
| Annual return | 29.12% | 27.44%+1.7pp | 43.79%-14.7pp | 29.39%-0.3pp |
| Employer contribution / active EE | $0 | $2,040-100.0% | $3,866-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $3,467 | $3,538-2.0% | $4,937-29.8% | $3,514-1.3% |
| Admin fee / account holder | $417 | $609-31.6% | $9,704-95.7% | $847-50.8% |