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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREGORY J. SCHWARTZ & CO., INC. Service code 27 3707 WEST MAPLE ROAD · BLOOMFIELD HILLS, MI 483013212 | Advisory (Plan) | $26,138 |
NEWPORT GROUP, INC.8 years Service code 15 · EIN 27-2037969 | Recordkeeping | $18,914 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,949 | $54,717+29.7% | $86,209-17.7% | $71,495-0.8% |
| Participation rate | 75.7% | 60.1%+15.6pp | 69.0%+6.7pp | 67.9%+7.8pp |
| Annual return | 17.68% | 20.07%-2.4pp | 1169.05%-1151.4pp | 28.85%-11.2pp |
| Employer contribution / active EE | $922 | $1,267-27.2% | $2,381-61.3% | $2,589-64.4% |
| Participant deferral / active EE | $5,259 | $3,110+69.1% | $3,986+31.9% | $4,291+22.6% |
| Admin fee / account holder | $399 | $1,922-79.3% | $6,853-94.2% | $1,588-74.9% |