Filed September 12, 2023
Total covered: 7 employees
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969 | Recordkeeping and information managem... | $36,452 |
SAGEVIEW ADVISORY GROUP, LLC2+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 27 · EIN 33-0818667 | Advisory (Plan) | $15,000 |
HARRIS, HARVEY, NEAL & CO., LLP2+ years Service code 10 · EIN 54-0643136 | Accounting | $6,800 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $44,875 | $71,802-37.5% | $133,975-66.5% | $57,658-22.2% |
| Participation rate | 90.5% | 85.5%+5.0pp | 87.1%+3.4pp | 70.2%+20.2pp |
| Annual return | 6.15% | 13.51%-7.4pp | 29.29%-23.1pp | 5.13%+1.0pp |
| Employer contribution / active EE | $1,978 | $3,161-37.4% | $5,211-62.0% | $1,974+0.2% |
| Participant deferral / active EE | $3,402 | $4,606-26.1% | $6,282-45.8% | $3,061+11.2% |
| Admin fee / account holder | $81 | $88-8.0% | $9,324-99.1% | $95-14.7% |