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| Provider | Service type | Compensation |
|---|---|---|
BAER WEALTH MANAGEMENT2+ years Service code 26 · EIN 58-2513178 101 VILLAGE PKWY NE · MARIETTA, GA 30067 | Advisory (Participants) | $31,684 |
NEWPORT GROUP, INC.2+ years Service code 15 · EIN 27-2037969 2001 N. MAIN STREET, SUITE 500 · WALNUT CREEK, CA 94596 | Recordkeeping | $8,049 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,891 | $64,909-63.2% | $82,313-71.0% | $62,292-61.6% |
| Participation rate | 71.6% | 74.9%-3.3pp | 76.9%-5.3pp | 69.5%+2.0pp |
| Annual return | 13.05% | 21.18%-8.1pp | 25.88%-12.8pp | 28.90%-15.8pp |
| Employer contribution / active EE | $1,282 | $1,676-23.5% | $2,428-47.2% | $2,042-37.2% |
| Participant deferral / active EE | $0 | $3,103-100.0% | $3,706-100.0% | $3,169-100.0% |
| Admin fee / account holder | $310 | $440-29.4% | $5,608-94.5% | $479-35.2% |