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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.3 years Filed as: NEWPORT GROUP, INC Service code 13 · EIN 27-2037969 | Contract Administrator | $39,997 |
Filed as: RAYMOND JAMES Service code 28 WISCONSIN AVE, SUITE 400 · BETHESDA, MD 20814 | Investment Management | $36,839 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $333,154 | $89,652+271.6% | $141,197+135.9% | $65,186+411.1% |
| Participation rate | 98.3% | 74.7%+23.6pp | 82.5%+15.8pp | 70.2%+28.1pp |
| Annual return | 22.20% | 32.79%-10.6pp | 71.41%-49.2pp | 29.39%-7.2pp |
| Employer contribution / active EE | $9,512 | $3,065+210.4% | $4,736+100.8% | $2,177+337.0% |
| Participant deferral / active EE | $11,186 | $5,691+96.6% | $6,710+66.7% | $3,514+218.3% |
| Admin fee / account holder | $474 | $569-16.6% | $10,265-95.4% | $847-44.0% |