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| Provider | Service type | Compensation |
|---|---|---|
Service code 28 · EIN 54-2005153 | Investment Management | $52,118 |
NEWPORT GROUP, INC.1+ years Filed as: NEWPORT RETIREMENT SERVICES, INC. Service code 12 · EIN 62-1868111 | Direct payment from the plan; Sub-tra... | $40,573 |
VERISIGHT, INC.1+ years Filed as: VERISIGHT TRUST COMPANY Service code 12 · EIN 27-4411131 | Trustee (bank, trust company, or simi... | $6,818 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $72,933 | $70,667+3.2% | $123,105-40.8% | $52,331+39.4% |
| Participation rate | 91.3% | 83.7%+7.6pp | 86.8%+4.6pp | 68.1%+23.2pp |
| Annual return | 1.30% | 6.23%-4.9pp | 13.22%-11.9pp | 4.54%-3.2pp |
| Employer contribution / active EE | $0 | $2,946-100.0% | $5,151-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $3,551 | $4,493-21.0% | $6,229-43.0% | $3,022+17.5% |
| Admin fee / account holder | $408 | $506-19.4% | $9,014-95.5% | $592-31.0% |