Filed October 12, 2005
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.4 years Service code 15 · EIN 27-2037969 | Recordkeeping | $222,243 |
PNC BANK, N.A.1 year Filed as: PNC INSTITUTIONAL ASSET MANAGEMENT Service code 26 · EIN 22-1146430 300 FIFTH AVENUE · PITTSBURGH, PA 15222 | Advisory (Participants) | $26,000 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,307 | $95,918-36.1% | $151,634-59.6% | $77,906-21.3% |
| Participation rate | 98.6% | 88.7%+9.8pp | 87.5%+11.1pp | 73.7%+24.9pp |
| Annual return | -15.11% | -5.50%-9.6pp | 3.32%-18.4pp | 12.16%-27.3pp |
| Employer contribution / active EE | $2,345 | $4,330-45.8% | $6,165-62.0% | $2,846-17.6% |
| Participant deferral / active EE | $4,413 | $7,508-41.2% | $8,363-47.2% | $4,805-8.2% |
| Admin fee / account holder | $82 | $93-12.1% | $11,614-99.3% | $133-38.2% |