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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $6,112 |
Filed as: UBS FINANCIAL SERVICES INC. Service code 27 315 DEADERICK ST · NASHVILLE, TN 37238 | Advisory (Plan) | $1,720 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,824 | $55,446-93.1% | $155,574-97.5% | $74,429-94.9% |
| Participation rate | 87.9% | 61.9%+26.0pp | 78.2%+9.6pp | 67.2%+20.6pp |
| Annual return | 11.40% | 269.20%-257.8pp | 64.87%-53.5pp | 1368.38%-1357.0pp |
| Employer contribution / active EE | $2,226 | $2,266-1.8% | $4,676-52.4% | $2,625-15.2% |
| Participant deferral / active EE | $583 | $2,836-79.4% | $5,629-89.6% | $4,348-86.6% |
| Admin fee / account holder | $34 | $1,743-98.0% | $15,914-99.8% | $1,944-98.2% |