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| Provider | Service type | Compensation |
|---|---|---|
Service code 28 · EIN 54-2005153 | Investment Management | $88,592 |
NEWPORT GROUP, INC.7 years Service code 12 · EIN 27-2037969 | Recordkeeping and information managem... | $69,420 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $76,144 | $102,661-25.8% | $151,645-49.8% | $66,949+13.7% |
| Participation rate | 89.5% | 85.5%+4.0pp | 87.5%+2.0pp | 69.8%+19.7pp |
| Annual return | -15.63% | -10.81%-4.8pp | 3.34%-19.0pp | 1.57%-17.2pp |
| Employer contribution / active EE | $7,259 | $4,184+73.5% | $6,165+17.7% | $2,545+185.2% |
| Participant deferral / active EE | $6,133 | $6,645-7.7% | $8,363-26.7% | $4,239+44.7% |
| Admin fee / account holder | $441 | $630-30.0% | $11,614-96.2% | $594-25.6% |