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| Provider | Service type | Compensation |
|---|---|---|
Service code 28 · EIN 54-2005153 | Investment Management | $69,642 |
NEWPORT GROUP, INC.3 years Service code 12 · EIN 27-2037969 | Claims processing; Recordkeeping fees... | $48,021 |
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Claims processing; Trustee (directed)... | $11,982 |
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 | $84,179 | $79,523+5.9% | $140,019-39.9% | $56,289+49.5% |
| Participation rate | 93.5% | 85.7%+7.8pp | 87.5%+6.0pp | 69.9%+23.7pp |
| Annual return | -5.95% | 2.39%-8.3pp | 651.17%-657.1pp | -9.96%+4.0pp |
| Employer contribution / active EE | $6,110 | $3,350+82.4% | $5,605+9.0% | $2,111+189.4% |
| Participant deferral / active EE | $4,620 | $5,129-9.9% | $6,927-33.3% | $3,350+37.9% |
| Admin fee / account holder | $486 | $614-20.9% | $10,705-95.5% | $521-6.7% |