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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.8 years Service code 12 · EIN 27-2037969 | Participant loan processing; Recordke... | $163,067 |
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $900 |
Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,158 | $45,109-28.7% | $85,187-62.2% | $77,736-58.6% |
| Participation rate | 95.9% | 48.7%+47.3pp | 67.5%+28.4pp | 70.6%+25.3pp |
| Annual return | 15.86% | 79.55%-63.7pp | 66.67%-50.8pp | 31.26%-15.4pp |
| Employer contribution / active EE | $2,065 | $1,602+28.9% | $2,732-24.4% | $2,728-24.3% |
| Participant deferral / active EE | $6,692 | $2,814+137.8% | $4,525+47.9% | $4,651+43.9% |
| Admin fee / account holder | $133 | $915-85.5% | $6,162-97.8% | $433-69.3% |