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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $22,677 |
QUALIFIED PLANS, LLC3+ years Filed as: QUALIFIED PLAN ADVISORS Service code 27 6201 COLLEGE BLVD., 7TH FLOOR · OVERLAND PARK, KS 66211 | Advisory (Plan) | $15,285 |
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 | $32,315 | $51,466-37.2% | $78,778-59.0% | $62,293-48.1% |
| Participation rate | 89.0% | 59.8%+29.2pp | 69.2%+19.8pp | 69.5%+19.5pp |
| Annual return | 19.67% | 19.96%-0.3pp | 35.62%-16.0pp | 28.90%-9.2pp |
| Employer contribution / active EE | $2,058 | $827+148.7% | $1,986+3.6% | $2,042+0.8% |
| Participant deferral / active EE | $3,373 | $2,147+57.1% | $2,958+14.0% | $3,169+6.4% |
| Admin fee / account holder | $186 | $489-62.1% | $5,134-96.4% | $479-61.3% |