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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969 | Participant loan processing; Claims p... | $173,903 |
Filed as: MERRILL LYNCH Service code 28 4500 CAMERON VALLEY PARKWAY · CHARLOTTE, NC 28211 | Investment Management | $131,710 |
CAPFINANCIAL PARTNERS LLC2+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 28 P.O. BOX 536850 · ATLANTA, GA 303536850 | Investment Management | $122,941 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 28 4525 SHARON ROAD · CHARLOTTE, NC 28211 | Investment Management | $71,831 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131 | Claims processing; Account maintenanc... | $71,735 |
MORGAN STANLEY SMITH BARNEY2+ years Service code 28 3280 PEACHTREE ROAD · ATLANTA, GA 30305 | Investment Management | $49,933 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB Service code 28 2423 E. LINCOLN DRIVE · PHOENIX, AZ 85016 | Investment Management | $24,892 |
GREERWALKER LLP1 year Service code 10 · EIN 56-1434747 | Accounting | $16,800 |
THE BANK OF NEW YORK MELLON2+ years Filed as: PERSHING Service code 28 1816 FRONT STREET · DURHAM, NC 27705 | Investment Management | $16,026 |
Filed as: JP MORGAN SECURITES, LLC Service code 28 277 PARK AVENUE · NEW YORK, NY 10172 | Investment Management | $14,549 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $285,450 | $80,177+256.0% | $123,894+130.4% | $57,661+395.0% |
| Participation rate | 92.6% | 74.4%+18.2pp | 81.4%+11.2pp | 70.2%+22.4pp |
| Annual return | 6.73% | 17.90%-11.2pp | 47.52%-40.8pp | 5.13%+1.6pp |
| Employer contribution / active EE | $8,353 | $2,913+186.8% | $4,617+80.9% | $1,974+323.2% |
| Participant deferral / active EE | $11,248 | $5,130+119.2% | $5,984+88.0% | $3,061+267.5% |
| Admin fee / account holder | $419 | $106+294.5% | $8,357-95.0% | $95+343.6% |