Filed August 19, 2025
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: ANCORA RETIREMENT PLAN ADVISOR Service code 26 · EIN 23-2697799 | Advisory (Participants) | $20,433 |
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $17,527 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,740 | $40,386-41.2% | $80,607-70.5% | $74,440-68.1% |
| Participation rate | 12.1% | 47.4%-35.3pp | 67.0%-55.0pp | 70.7%-58.7pp |
| Annual return | 26.24% | 165.00%-138.8pp | 936.11%-909.9pp | 34.37%-8.1pp |
| Employer contribution / active EE | $68 | $1,496-95.4% | $2,724-97.5% | $2,638-97.4% |
| Participant deferral / active EE | $535 | $2,670-80.0% | $4,448-88.0% | $4,529-88.2% |
| Admin fee / account holder | $233 | $720-67.6% | $5,379-95.7% | $348-32.9% |