Filed November 17, 2017
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.1 year Service code 13 · EIN 27-2037969 | Contract Administrator | $26,668 |
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.
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 | $37,463 | $54,590-31.4% | $81,726-54.2% | $73,497-49.0% |
| Participation rate | 79.2% | 68.3%+10.9pp | 72.0%+7.2pp | 70.7%+8.5pp |
| Annual return | 8.78% | 17.74%-9.0pp | 29.49%-20.7pp | 28.51%-19.7pp |
| Employer contribution / active EE | $579 | $1,636-64.6% | $4,311-86.6% | $2,270-74.5% |
| Participant deferral / active EE | $1,711 | $2,759-38.0% | $7,108-75.9% | $3,740-54.2% |
| Admin fee / account holder | $303 | $592-48.8% | $5,160-94.1% | $513-40.9% |