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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $12,155 |
GREGORY J SCHWARTZ & COMPANY INC3+ years Filed as: SCHWARTZ & COMPANY Service code 27 3707 WEST MAPLE RD · BLOOMFIELD HILLS, MI 48301 | Advisory (Plan) | $3,161 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $62,217 | $51,466+20.9% | $78,778-21.0% | $62,293-0.1% |
| Participation rate | 65.8% | 59.8%+6.0pp | 69.2%-3.4pp | 69.5%-3.7pp |
| Annual return | 18.60% | 19.96%-1.4pp | 35.62%-17.0pp | 28.90%-10.3pp |
| Employer contribution / active EE | $0 | $827-100.0% | $1,986-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $3,287 | $2,147+53.1% | $2,958+11.1% | $3,169+3.7% |
| Admin fee / account holder | $155 | $489-68.4% | $5,134-97.0% | $479-67.7% |