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| Provider | Service type | Compensation |
|---|---|---|
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 17 · EIN 13-2638166 | Pension Consulting | $36,054 |
Service code 12 · EIN 84-1477138 | Recordkeeping fees; Claims processing... | $17,104 |
NEWPORT GROUP, INC.1+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048 | Custodial (other than securities); Fl... | $6,786 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $29,704 | $39,458-24.7% | $60,547-50.9% | $55,191-46.2% |
| Participation rate | 73.1% | 59.6%+13.5pp | 68.0%+5.1pp | 69.2%+3.9pp |
| Annual return | -0.56% | 3.35%-3.9pp | 335.64%-336.2pp | 10.78%-11.3pp |
| Employer contribution / active EE | $1,053 | $1,210-12.9% | $2,419-56.5% | $1,899-44.5% |
| Participant deferral / active EE | $1,509 | $2,140-29.5% | $3,328-54.6% | $3,046-50.5% |
| Admin fee / account holder | $114 | $95+20.2% | $4,536-97.5% | $91+26.0% |