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| Provider | Service type | Compensation |
|---|---|---|
Service code 28 · EIN 54-2005153 | Investment Management | $63,492 |
NEWPORT GROUP, INC.2 years Service code 12 · EIN 27-2037969 | Sub-transfer agency fees; Recordkeepi... | $46,677 |
NEWPORT GROUP, INC.2 years Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Trustee (directed); Trustee (bank, tr... | $11,964 |
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 | $87,503 | $89,739-2.5% | $149,718-41.6% | $62,293+40.5% |
| Participation rate | 92.6% | 85.1%+7.5pp | 87.1%+5.5pp | 69.5%+23.1pp |
| Annual return | 19.72% | 21.01%-1.3pp | 1501.67%-1481.9pp | 28.90%-9.2pp |
| Employer contribution / active EE | $5,912 | $3,233+82.9% | $5,445+8.6% | $2,042+189.5% |
| Participant deferral / active EE | $4,087 | $4,797-14.8% | $6,569-37.8% | $3,169+29.0% |
| Admin fee / account holder | $450 | $551-18.3% | $11,283-96.0% | $479-6.0% |