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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.4 years Service code 50 · EIN 27-2037969 | Direct Payment | $32,064 |
TRI-STAR TRUST BANK1 year Filed as: TRI STAR TRUST BANK Service code 27 · EIN 38-3563619 | Advisory (Plan) | $15,097 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,808 | $76,107-30.6% | $96,576-45.3% | $71,495-26.1% |
| Participation rate | 91.3% | 74.4%+16.9pp | 76.0%+15.4pp | 67.9%+23.4pp |
| Annual return | 21.14% | 22.81%-1.7pp | 25.87%-4.7pp | 28.85%-7.7pp |
| Employer contribution / active EE | $2,011 | $2,247-10.5% | $2,965-32.2% | $2,589-22.3% |
| Participant deferral / active EE | $4,682 | $4,218+11.0% | $4,851-3.5% | $4,291+9.1% |
| Admin fee / account holder | $349 | $2,708-87.1% | $8,253-95.8% | $1,588-78.0% |