Filed March 15, 2019
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| Provider | Service type | Compensation |
|---|---|---|
DFG 401(K) ADVISORS1 year Service code 27 2929 E CAMELBACK RD · PHOENIX, AZ 85016 | Advisory (Plan) | $39,596 |
NEWPORT GROUP, INC.4 years Service code 15 · EIN 27-2037969 | Recordkeeping | $36,921 |
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 | $29,948 | $34,634-13.5% | $77,100-61.2% | $64,824-53.8% |
| Participation rate | 96.9% | 49.8%+47.1pp | 67.9%+29.0pp | 71.5%+25.4pp |
| Annual return | -14.84% | -5.31%-9.5pp | 42.35%-57.2pp | 32.84%-47.7pp |
| Employer contribution / active EE | $1,213 | $1,385-12.4% | $2,815-56.9% | $2,507-51.6% |
| Participant deferral / active EE | $4,270 | $2,553+67.3% | $4,430-3.6% | $4,311-0.9% |
| Admin fee / account holder | $114 | $178-35.8% | $5,443-97.9% | $188-39.1% |