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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS1 year Filed as: NEWPORT CAPITAL GROUP LLC Service code 27 12 BROAD STREET · RED BANK, NJ 07701 | Advisory (Plan) | $398,743 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$452,063 |
Form 5500 reported that benefits due were not provided when due.
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 | $151,601 | $110,699+36.9% | $177,839-14.8% | $90,274+67.9% |
| Participation rate | 99.0% | 88.3%+10.6pp | 87.7%+11.2pp | 73.4%+25.6pp |
| Annual return | 17.32% | 22.79%-5.5pp | 48.33%-31.0pp | 53.97%-36.7pp |
| Employer contribution / active EE | $4,548 | $4,118+10.4% | $5,919-23.2% | $2,523+80.2% |
| Participant deferral / active EE | $8,591 | $6,731+27.6% | $7,714+11.4% | $4,231+103.1% |
| Admin fee / account holder | $110 | $90+22.6% | $12,432-99.1% | $114-3.2% |